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Nicaragua seniority indemnity

C$25,000 × 3y 6m → 3.33 months = C$83,333.33. Cap 5 months. Not CR cesantía days or Colombia 1 month/year.

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Nicaragua vacation: C$25,000 → C$25,000 (30 days)

Estimate 15 days after 6 months or 30 days after one year (Labor Code) from monthly salary in córdobas.

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C$25,000 × 3y 6m → 15 days = C$12,500. From 6 months: 15 days. Not PA (≥2 years) or CR 7/15/30.

Nicaragua seniority indemnity

Salary-months, cap 5. Not CR days or Colombia month/year.

C$25,000 × 3y 6m → C$83,333.33.

  • 3 months in the first 3 years.
  • 20/30 extra month after.
  • Cap 5 months.

Frequently asked questions

How much indemnity at C$25,000 and 3y 6m?

The scale yields 3.33 months (3 + 0.5×20/30). C$25,000 × 3.33 = C$83,333.33. Cap 5 months. Same helper as NI settlement.

Is it Costa Rica or Colombia cesantía?

No. CR uses days per year; Colombia one month per year. NI uses salary-months with 20 extra days per year after year 3.

Is there a min and max?

Yes. Minimum 1 month if there is service; maximum 5 months.

Does this include vacation and 13th?

No. Seniority only. NI settlement adds vacation and thirteenth month.

Is this legal advice?

No. Educational estimate.