Unjust-dismissal severance on an indefinite contract is 30 days in year one plus 20 days per extra year if the wage is under 10 SMMLV (CST art. 64, Law 789/2002 art. 28). Daily wage is salary ÷ 30.
With $4,000,000 and 3 years: $9,333,333.33.
Formula
Severance (under 10 SMMLV)
(salary / 30) × [30 + 20 × (years − 1)]
Example — $4,000,000 × 3 years
| Item | Calculation | Value |
|---|---|---|
| Monthly salary | — | $4,000,000 |
| Years of service | — | 3 |
| Days | 30 + 20 × 2 | 70 |
| Severance | (4,000,000 / 30) × 70 | $9,333,333.33 |
FAQ
Indefinite-term workers dismissed without just cause.
30 days = $4,000,000 if the wage is under 10 SMMLV.
Informational estimate
Educational content, not legal advice. CST art. 64.