If you have contractors you want to pay in Argentina you can also do that via Flexhire. Finally, if you have an open role in Argentina, we can help you find the right person to hire smarter and faster.
| Costs | Setup | Monthly | Yearly |
|---|---|---|---|
| Salary | - | $36,111.11 | $433,333.32 |
| Employer Contributions | - | $9,717.50 | $116,610 |
| Refundable Deposit | $648,522.99 | - | - |
| Payroll Fee | $648,522.99 | $648,522.99 | $7,782,275.89 |
| Misc Expenses | $0 | $30,882.05 | $370,584.57 |
| Insurance | - | - | $0 |
| Total | $1,297,045.98 | $725,233.65 Monthly cost of employment* | $8,702,803.77 Annual cost of employment* |
| Employer Payroll Contributions | |
|---|---|
| 18.00% – 21.00 | Pension Fund (maximum taxable salary is 548,651.90 ARS) |
| 6.00% | Health Insurance (maximum taxable salary is 548,651.90 ARS) |
| 2.41% | Labor Risk Insurance (maximum taxable salary is 548,651.90 ARS) |
| 0.50% | Life Insurance (maximum taxable salary is 548,651.90 ARS) |
| 100 ARS | Occupational disease trust fund (FFEP) |
| 26.91% – 29.91% +100 ARS | Total Employment Cost |
The payout structure is as follows:
- For full-time employees: Payments are made on a monthly basis. 📆
- For those working on a daily or hourly basis: Payments are made either weekly or bi-weekly. ⏰
- For project-based work: Payments are scheduled for weekly or bi-weekly disbursement. 📑
The determination of the compensation is based on the mutually agreed category and is in line with Sections 126 and 128 of the Employment Contract Law of Argentina. 🇦🇷
Extra Salary and Incentives
The additional 13th salary is disbursed in two semi-annual installments. These payments are due by June 30th and December 18th. Each installment equals 50.00% of the maximum monthly salary received in the previous 6-month period. 💰
Argentinian Work Schedule
In Argentina, the typical workweek takes place from Monday to Friday 📆.
The limitation for working hours is capped at 8 hours daily and 48 hours weekly ⏰.
For those assigned to hazardous tasks or night shifts, their working hours should only be 7 hours per day 🌙.
Excess Work Hours Compensation
- Overtime performed during weekdays receives an extra 50% of the salary 💼💰.
- If overtime is done during weekends or public holidays, the compensation is twice the salary 🎉💰.
- Extra working hours should not surpass 3 hours daily, 30 hours monthly, or 200 hours annually, unless an earlier approval has been granted 📝.
In Argentina, the provision of paid vacation is contingent upon the duration of an employee's service:
- Up to 5 years of service: A leave allowance of 14 days 📅.
- Service between 5-10 years: A leave allowance of 21 days 📆.
- Service ranging from 10-20 years: A leave allowance of 28 days 🗓️.
- Service exceeding 20 years: A leave allowance of 35 days 📅.
Argentina recognizes 18 public holidays, although the exact number can differ according to the region 🇦🇷.
The Compulsory Employment Risk Insurance covers the cost of sick leave.
For employees with a service record of under five years, their entitlement includes up to 3 months of paid sick leave 😷.
Once an employee has been with a company for over five years, their paid sick leave increases to a period of 6 months.
The Argentine Social Security system is responsible for covering maternity leave 🤰.
A maternity leave period of 90 days is granted, with the mother obligated to take a minimum of 30 days prior to the birth. Additionally, partners are granted two days of paid paternity leave 👨👧👦.
| Date | Name |
|---|---|
| 2024-01-01 | Año Nuevo |
| 2024-02-12 | Carnaval Lunes |
| 2024-02-13 | Carnaval Martes |
| 2024-03-24 | Día Nacional de la Memoria por la Verdad y la Justicia |
| 2024-03-29 | Viernes Santo |
| 2024-04-02 | Día del Veterano y de los Caídos en la Guerra de Malvinas |
| 2024-05-01 | Día del Trabajador |
| 2024-05-25 | Día de la Revolución de Mayo |
| 2024-06-17 | Paso a la Inmortalidad del General Martín Miguel de Güemes |
| 2024-06-20 | Día de la Bandera |
| 2024-07-09 | Día de la Independencia |
| 2024-08-17 | Paso a la Inmortalidad del General José de San Martín |
| 2024-10-12 | Día del Respeto a la Diversidad Cultural |
| 2024-11-20 | Día de la Soberanía Nacional |
| 2024-12-08 | Inmaculada Concepción de María |
| 2024-12-25 | Navidad |
Trial Employment Period
In Argentina, the trial period for employment spans a duration of three months 💼.
Throughout this initial three-month employment period, if either the employee or employer chooses to end the work agreement without a specific reason, it is not required for the employer to provide severance pay. However, the employer must provide the employee with a 15-day notification.
End of Employment
In Argentina, employers are required to deliver a written justification when terminating an employee, excluding cases of mutual agreement 📝.
An employee is not eligible for severance pay if their employment is terminated for valid reasons. These valid reasons might involve employee misconduct, economic factors, or the employee's inability to execute necessary tasks.
Rather than providing notice, employers in Argentina have the option to pay employees an amount equivalent to the notice period.
The duration of the notice period in Argentina is contingent upon the employee's service length:
- Service of less than 5 years: one month's notice.
- Continuous service of over 5 years: two months' notice.
- Employees who are terminated without cause are entitled to various forms of severance pay, which includes:
- A compensation equal to a month's salary for every year of service or any period exceeding three months, calculated based on the employee's top monthly salary.
- Compensation for any leftover days in the month if the employee is terminated prior to the month's end.
- Compensation for unused vacation days 🏖️.
- A proportional compensation for the 13th-month salary.
- Special compensation for employees on sick leave 🤒.
- Special compensation for employees on maternity leave 👶.
If you're looking to work in Argentina, whether it's for paid or unpaid work, you'll need to secure a work visa. 📝 Working as a tourist on a 90-day tourist visa stamp is strictly not permitted.
The company you'll be working for should be a local corporate body based in Argentina, which will sponsor your work permits. Moreover, the organization should be authorized to employ international workers and should be registered with the National Immigration Office (Direccion Nacional de Migraciones) or the National Immigrant Sponsors Registrar. 🏢
Dealing with visa or residency-related procedures in Argentina can be quite complex and document-intensive, characterized by a high level of bureaucracy. 📚 The bulk of the paperwork is usually taken care of by the Argentinian employer, the company's branch office in Argentina, or an Argentinian immigration lawyer.
