Labour Settlement Calculations
$160 $181 IVAI
Calculation of settlements in the event of termination of employment relationships. Estimated Delivery Time – 1 day
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Why Are Labour Settlement Calculations Important?
Labour Settlement Calculations make it possible to accurately and fairly determine the amounts to be paid to workers at the end of an employment relationship. Carrying out an adequate calculation of the Labour Settlement reduces the risks of a possible contingency in labor matters, between worker and employer. PredictaBill is in charge of offering this service of settlement calculations, providing its clients with the confidence and security of having accurate and reliable information to make appropriate legal and financial decisions.
Need help with Labour Settlement Calculations?
When a client requires the service of Labour Settlement Calculations in Costa Rica, it is mainly due to the termination of the employment relationship between employer and employee.
Why PredictaBill?
Fast and accurate legal procedures
Streamline legal processes by drafting contracts and documents accurately, saving time and avoiding issues.
Alternative to hourly billing
Fixed rate regardless of product/service
Efficiency in notarial processes
Save time and effort by more efficiently drafting documents for notarial procedures
Essential Documents
Indicate about the employee:
- Full name
- Identification number and type (ID, passport, DIMEX)
- Marital status
- Domicile
Indicate about the employer:
- Full name
- Identification number and type (ID, passport, DIMEX)
- Marital status
- Domicile
If it is a company, indicate:
- Company name
- Legal ID card
- Power of attorney under which the person representing acts (attorney-in-fact, general attorney-in-fact, special attorney-in-fact, manager)
- Full name
- Identification number and type (ID, passport, DIMEX)
- Marital status
- Domicile
Indicate date of entry.
Indicate departure date.
Indicate whether the notice has been exercised (yes or no).
Reason for departure:
- Dismissal with employer responsibility
- Dismissal without employer responsibility
- Resignation
- Resignation with employer responsibility
- Pension claim
Payment type (bi-weekly, monthly, weekly).
Vacation balance.
Share wages for the last 6 months if you have worked them.
Indicate if there is payment in kind.
Terms and conditions
The price indicated here has been estimated assuming that the requested document will be delivered in digital format, or that you will pick up the physical version at the PredictaBill offices. Alternatively, you can request that the document be sent to the location you specify, by courier or Costa Rica postal service, in which case the costs and delivery times that will be indicated at the time of processing the payment for the service will apply
FAQ
1. What is a Labour Settlement Calculation and why is it important for employees in Costa Rica?
A Labour Settlement Calculation is a process by which the amount of money an employee is entitled to receive at the end of their employment relationship with a company is determined. It is important for employees in Costa Rica because it allows them to know in a precise and transparent way the amounts they must receive for labor benefits, the items that contain the labor settlement may vary, depending on the form of termination of the employment relationship.
2. What are the elements that are taken into account to make a Labour Settlement Calculation in Costa Rica?
To make a Labour Settlement Calculation in Costa Rica, an average of the last 6 ordinary and extraordinary monthly salaries earned by the worker are taken into account.
3. What is the legal deadline to make the severance payment to an employee in Costa Rica?
Labor legislation is not precise on this issue, however, the custom used has been a one-month term. However, the recommendation will always be that the employer can project the worker’s departure from the company in advance so that the settlement can be released as soon as possible.
4. What happens if the employer does not make the payment of the severance payment within the established period?
If the employer does not make the payment of the severance payment, the worker could file a lawsuit against the employer, for the respective payment.
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