What is the Aguinaldo (Sueldo Anual Complementario or SAC) in Argentina?
The Aguinaldo, also known as the Sueldo Anual Complementario (SAC), is a mandatory bonus payment for all employees in Argentina. It is equivalent to 50% of the highest monthly salary earned during the calendar year, including any overtime, commissions, or bonuses.
The Aguinaldo is paid in two installments:
- The first by June 30
- The second by December 18
If an employee has worked less than a full year, the Aguinaldo is prorated based on the time worked. This bonus is a key part of employee compensation, and Horizons ensures to comply with the Aguinaldo.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article