Payroll Calculations
How pay, taxes, contributions, and statutory figures are calculated across different markets.
Cesantías in Colombia: the annual severance deposit, 12% interest, and the 14 February deadline
Cesantías in Colombia are severance savings: one month of salary for every year of service, which the employer calculates on 31 December and deposits by 14 February into a fondo de cesantías, the severance fund the…
Niko Nurmentaus
Product Lead
Sick pay in Germany: Entgeltfortzahlung im Krankheitsfall, Krankengeld, and the U1 refund
An employee in Germany who is too ill to work keeps 100% of their pay from the employer for up to six weeks per illness. That obligation is Entgeltfortzahlung im Krankheitsfall (continued pay during illness). From the…
Niko Nurmentaus
Product Lead
PPK in Poland: employer contributions, automatic enrolment, and the 2027 re-enrolment
Under PPK (Pracownicze Plany Kapitałowe, Poland's employee capital plans), an employer must enrol each eligible worker in a workplace savings plan and pay at least 1.5% of the worker's salary into it, while the worker…
Greg Miaskiewicz
CEO & Co-Founder
Mexico's fondo de ahorro: how the savings fund match works and when it is tax-exempt
A fondo de ahorro is a savings fund in which the worker sets aside part of each payslip and the employer deposits the same amount. The Mexico savings fund benefit is one of the country's most common prestaciones…
Niko Nurmentaus
Product Lead
Colombia social security contributions and aportes parafiscales: what employers pay in addition to salary
Colombia social security contributions and aportes parafiscales cost an employer roughly 16% to 38% on top of each employee's salary, depending on the occupational-risk class and whether the employer qualifies for the…
Mehmood Deshmukh
CTO & Co-Founder
