Latin America ✓ Pynk Active

Hire Employees in Colombia

Capital
Bogotá
Currency
COP (Colombian Peso)
Min. Wage
COP 1,300,000/month (2024) plus mandatory transport allowance
Notice Period
15 days (varies by contract type)
Income Tax
0–39% (progressive)

Mandatory Benefits

  • ✓ Health insurance (EPS) — 8.5% employer contribution
  • ✓ Pension — 12% employer contribution
  • ✓ Severance fund (cesantías) plus annual interest
  • ✓ 13th-month salary (prima de servicios)
  • ✓ 15 days paid annual leave

Hiring in Colombia with Pynk

Colombia has become one of Latin America’s fastest-growing talent markets, with Bogotá and Medellín emerging as major hubs for technology, customer operations, and shared services.

Why Companies Hire in Colombia

  • Large, young, and increasingly bilingual workforce
  • Excellent time-zone alignment with North America
  • Strong talent in software development, BPO, and professional services
  • Competitive labour costs with rising skill levels

Key Employment Considerations

Colombian employment contracts carry mandatory contributions for health, pension, and payroll taxes (parafiscales), plus severance (cesantías) and the prima de servicios. Correct classification of employees versus contractors is closely scrutinised.

Pynk’s Colombia team manages every statutory contribution and filing so your hires are fully compliant.

Hire in Colombia in 48 hours

Pynk becomes the legal employer. You manage the work. We handle contracts, payroll, taxes, and benefits — all fully compliant.

View Pricing
100% Compliance Guarantee

Pynk maintains owned legal entities in Colombia. Our in-country legal team ensures every contract, filing, and payment meets local requirements.

Cost Estimator

How much does it cost to hire in Colombia?

Enter an annual salary below to see a side-by-side comparison of the true employment cost in Colombia versus a flat Pynk EOR fee — including employer taxes, mandatory benefits, and multi-employee savings.

Global Hiring Cost Calculator

3-way comparison: Pynk EOR · Own Entity · Own Entity + Transfer Pricing

Engagement Model

Full-time employees · employer statutory costs apply · $499/mo Pynk fee

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$
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OECD range 7–12%

Enter a monthly salary and select at least one market to see your 3-way cost comparison.

Ready to hire your first employee in Colombia?

Our Colombia experts are ready to onboard your new hire within 48 hours of contract signing. Zero entity setup. Zero legal risk.

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