Bolivia

• New Year’s Day
• Holiday for New Year’s Day
• Plurinational State Foundation Day
• Plurinational State Foundation Day Holiday
• Carnival
• Good Friday
• May Day
• Corpus Christi
• Andean New Year
• Independence Day
• Independence Day Holiday
• All Souls Day
• Christmas Day

Working Hours

Employees can work 8 hours a day, up to 48 hours a week (for men) or 40 hours a week (for women).

Minimum Wage

BOB 2,250 per month.

Employee Tax

Tax rate	13%
Long-term SSO Contribution (disability, old age and death)	10%
Common risk	1.71%
Pensionary fund commission	0.5%
Solidarity contribution for pension	0.5%

Bonuses

There are several compulsory bonus schemes in Bolivia:

• Profit bonus - workers receive an additional month’s salary when the company makes a profit.
• Seniority bonus - monthly payment made to employees with more than two years’ service.
• Christmas bonus - an additional month’s salary paid at the end of each year.
• Second Christmas bonus - paid out each year if gross domestic product is over 4.5%.

Employment contracts must be written in Spanish and should be approved by the Ministry of Labour. They should include:

• Names of both parties
• Employee age, nationality, civil status, and address
• Job title and responsibilities
• Salary
• Contract duration
• Place of work
• Employee heirs

Annual Leave

Minimum of 15 days' paid holiday after one year of service year, rising to 20 days after five years and 30 days after ten years.

Sick Leave

Five days' paid sick leave per year. A medical certificate must be provided.

Parental Leave

• Maternity leave: 90 days' paid leave.
• Paternity leave: 3 days' paid leave.

Termination Process

Employers can dismiss an employee without notice or compensation if the termination is justified. Permitted grounds include:

• Employee breach of contract
• Misconduct (including theft, intentional damage, or aggression)

Employers must pay severance for unjustified dismissal, or reinstate the employee.

Severance Pay

Employees are entitled to 3 months’ salary, plus an indemnity payment of one salary for every continuous year worked.

Under a Mauve Group Employer of Record solution, clients and workers can reap the benefits of Mauve’s Global Master Insurance Programme – a market-leading unified corporate insurance programme that connects all Mauve entities to its two preferred providers.

The insurance provides coverage in overseas locations through a combination of the master policy and its linked local policies, where required by law in certain jurisdictions. The policies include:

• Employer’s Liability and Public Liability - £10,000,000 combined limit.
• Professional Indemnity - £5,000,000 limit.
• Worker’s Compensation – Limit is dependent on location of work.

For specific information about statutory and recommended insurances in your chosen country, get in touch with Mauve.