What are End-of-Service Benefits in South America?

South American countries have various systems for end-of-service benefits including gratuity, severance pay, and social security contributions.

Countries like Brazil have FGTS (Fundo de Garantia do Tempo de Serviço), while others have different severance pay systems.

Our calculator helps you understand these benefits for major South American countries.

How End-of-Service Benefits Work in South America

BRBrazil FGTS

FGTS is a monthly deposit of 8% of salary into a government fund, payable upon termination.

Minimum service: 0 year

ARArgentina Severance

Severance pay (indemnización) typically one month salary per year of service.

Minimum service: 0 year

Tips & Best Practices

📋 Understand Local Laws

Each South American country has different regulations. Familiarize yourself with local labor laws.

💰 Check Social Security

Some countries have social security contributions that are part of termination benefits.

Why Use Our Calculator?

Multi-Country Support

Calculate benefits for Brazil, Argentina, Chile, Colombia, and other South American countries.

Frequently Asked Questions

FGTS (Fundo de Garantia do Tempo de Serviço) is a monthly deposit of 8% of salary into a government fund, payable upon termination or in specific situations.