Costa Rica Worker Settlement Calculation
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ScribdTranslationsCosta Rica Worker Settlement Calculation
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ScribdTranslationsProblem:
Calculate the amount in colones of the settlement of a worker in Costa Rica in case that the
termination of the contract is with employer liability.
The settlement amount is calculated by adding the following amounts: pending salaries, unused vacations
severance pay, proportional aguinaldo, notice, and severance.
Liquidación = Salarios Pendientes + Vacaciones no gozadas + aguinaldo proporcional + preaviso +
cesanta
Assuming that the worker is paid their salary monthly, that every month they are paid the
same salary and only have as pending salary the full salary of the last month (month
of January).
Salario Pendiente = ############
• Para calcular el monto por vacaciones no gozadas, vamos a suponer que el trabajador no ha tomado
vacation in the last year, therefore according to the law this amount is obtained by dividing by
30 the monthly salary and multiplying it by 14.
Unused vacation = Monthly salary / 30 x 14
The proportional Christmas bonus corresponds to the sum of all salaries earned in the last year
divided by 12, but let's assume that the worker received their full Christmas bonus in December,
so the proportional bonus in this case is calculated taking into account only the amount of the last one
month (January), divided by 12.
Proportional Christmas Bonus = Salary / 12
Let's assume that the worker is not going to work during the notice period and that the worker has two
years of working at the company, so the amount of the notice corresponds to one month's salary.
Preaviso = Salario
Statement
Lastly, to calculate the severance amount, it is necessary to take into account the time worked by the
worker in the company. The amount is obtained according to a table provided by the
Ministry of Labor, which in this case, since it is two years, corresponds to the payment of 20 days for each year
worked. Then, the amount corresponding to lacesanta is calculated by dividing the monthly salary.
between 30, multiplying it by 20 and then multiplying it by 2
Monthly salary = Monthly salary / 30 x 20 x 2
Object
Calculate the amount in colones of the settlement with employer responsibility for an employee based on their
salarios pendientes, vacaciones no gozadas, aguinaldo proporcional, preaviso y cesanta.
///////// Variables
Outstanding salaries
Unused vacation
Proportional Bonus
Notice
Cesanta