- Country Information
- Argentina
In this article...
Argentina
- What is the minimum Work from Home Allowance in Argentina?
- Is a Health Check-Up mandtory for new employees in Argentina?
- Is Private Health Insurance mandatory for employees in Argentina?
- Can Employment Agreements be signed digitally in Argentina?
- What is the Probation Period for new employees in Argentina?
- What is the standard Notice Period in Argentina?
- What is the Aguinaldo (Sueldo Anual Complementario or SAC) in Argentina?
- How is Vacation Pay calculated in Argentina?
- What are the Severance Pay requirements in Argentina?
- What are Family Allowances (Asignaciones Familiares) in Argentina?
- What are the Social Security Contributions (Seguridad Social) required for Employers in Argentina?
- What is the Work Risk Insurance (ART) in Argentina?
- How is Overtime Pay calculated in Argentina?
- What are the Public Holidays in Argentina in 2024?
- What are the Sick Leave Regulations in Argentina?
- What are the Paid and Unpaid Leaves in Argentina?
- What are the Personal Income Tax requirements in Argentina?
- What are the Annual Leave Entitlements in Argentina?
- What is the standard Employment Agreement Horizons offers in Argentina?
- How are salaries Prorated in Argentina?
How are salaries Prorated in Argentina?
At Horizons, we understand the importance of accurately prorating salaries for employees in Argentina. Here’s a brief overview of how this process is managed:
Salaries are prorated by dividing the employee’s monthly gross income by either the total number of days in the month or the number of workdays. This calculation provides the daily income rate.
Horizons then multiplies this daily rate by the number of days the employee actually worked or the actual workdays in the month.
To ensure precision, Horizons rounds the final prorated amount to the nearest hundredth (0.01). This method ensures that employees are paid fairly, reflecting the exact time they’ve worked and any necessary adjustments.
Prorating is applied in scenarios such as when an employee starts or ends their employment partway through the month or when adjustments are needed due to absences. Horizons uses this approach to maintain accurate and equitable salary payments.
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