What is the seniority premium?
A payment of 12 days of salary per year of service. The salary used is capped at two times the minimum wage.
When is it paid?
- If you are dismissed, with or without cause.
- If you resign, only with 15 or more years of service.
- If the worker dies, to their beneficiaries.
How it is calculated
Premium = 12 x years of service x daily salary (capped at twice the minimum wage).
Frequently asked questions
Do I get it if I resign?
Only with 15 or more years of service.
How many days per year?
12 days of salary for each year.
Is there a salary cap?
Yes, two times the current minimum wage.
Is it an official figure?
No, it is an informational estimate.