Employee Cost Calculator
Hiring costs go beyond salary. Estimate the cost of your next hire with this calculator. Simply enter their location and salary information in to this handy tool to see what will be spent in employment costs each month.
Employment Cost Calculator
*Indicative figures only and not definitive legal advice. Local regulations change frequently. Consult an expertColombia
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Other services
Accelerating your growth in Colombia and beyond
TopSource goes far beyond payroll, acting as your end-to-end partner in global workforce management. From Employer of Record (EOR) services and seamless entity setup to localized accountancy and fractional HR support, we cover every aspect of international employment.
Meet our experts for Colombia
Whether you’re entering the market or scaling operations, our specialists provide the insight and guidance you need to succeed in one of the world’s most dynamic and regulated employment landscapes. With TopSource, you’re backed by real experts, every step of the way.
Beyond a payroll serviceA globalization accelerator
Payroll platform
Global payroll simplified
Your intuitive hub for paying global teams. Simple, powerful, and designed to scale with you — no complexity, just clarity.
Audit
Eliminate barriers to growth
Avoid compliance issues across your global workforce and uncover opportunities to improve profitability. On a quarterly basis we’ll help you audit your global talent strategy to ensure it aligns with your business goals.
Intelligence
Build a data-driven talent strategy
Grow confidently and profitably with access to the latest TopSource insights & data on hiring markets, salary benchmarking & benefits.
Advisory
Expert guidance that turns complexity into clarity.
Whether you’re managing a global acquisition or entering a new market, you get clear guidance to navigate complex decisions, avoid delays, and accelerate your global expansion.
Looking at other markets too?
We help organizations with employ and pay teams in over 180 countries.
Colombia payroll: frequently asked questions
We manage monthly PILA filings, Colombia’s unified form for remitting health, pension, and occupational risk contributions along with parafiscal payments, and mandatory electronic payroll invoicing (nómina electrónica) reporting to DIAN. We also calculate and pay prima de servicios in June and December and manage the annual cesantías deposit.
Monthly payroll is standard in Colombia, and every pay run must generate a nómina electrónica document reported to DIAN, alongside a payslip itemizing health, pension, and any other statutory deductions in a format that reconciles with the monthly PILA filing.
Yes, our Global Payroll service processes payroll for employees of your existing Colombian entity, typically an SAS, registered with DIAN and the social security system. If you don’t have a Colombian entity yet, our Employer of Record service lets you build a team while you evaluate incorporation.
Salaries are paid in Colombian Pesos through domestic bank transfers, and we manage PILA and nómina electrónica reporting through your entity’s payroll setup, while your global treasury and consolidated reporting remain in your preferred base currency.
Yes. Colombia’s prima de servicios and cesantías accruals, which are easy to underestimate if you’re not tracking them monthly, are standardized into the same consolidated reporting as your other countries, giving you a forward-looking view of true Colombia labor cost.