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PEO & EOR Services

Exploring PEO & EOR Services in Colombia?

Here's What You Need to Know

Expanding your business in Colombia offers access to a skilled, well-educated workforce within a robust economy, ideal for tapping into Latin America's vibrant markets. The country's lower cost of living allows for competitive salary offerings without heavy financial burdens. English proficiency in business settings ensures smooth communication.

Navigating Colombia's complex employment regulations and cultural landscapes can be challenging. Partnering with PEOs (Professional Employer Organizations) and EORs (Employer of Records) like Glints TalentHub simplifies this process. The next section will explore how our PEO/EOR services can benefit your company and why Glints TalentHub is the ideal partner for your expansion into Latin America.
At a glance

What are Colombia PEO and EOR Services?

PEO
Professional Employer Organization

Supports your HR administrative duties such as payroll and benefits management, helping you focus on core business tasks.

EOR
Employer of Record

Acts as the legal employer for your employees in Colombia, giving your company a fast way to enter the market without a physical presence.

Services included

Services Included in Colombia PEO and EOR Offerings

Unlock the full potential of your business in Colombia with comprehensive PEO and EOR services. Designed to meet the unique challenges of the local market, these offerings ensure your operations are efficient and fully compliant with local regulations.

From drafting employment contracts to managing payroll, our experienced team provides all the necessary support to help your business succeed. Rely on us to navigate the complexities of HR management, allowing you to focus on expanding your business in Colombia.
  • Employment Management: Drafting to termination compliance with Colombia law.
  • HR Compliance: Updates and legal guidance to avoid pitfalls.
  • Legal Risks: Minimizes compliance issues and legal liabilities.
  • Employee Strategies: Boosts satisfaction and productivity.
  • Payroll Administration: Accurate and timely payroll processing.
  • Local Law Advice: Expert insights into Colombia labor legislation.

We help manage your team in Colombia

Rely on our PEO/EOR expertise for streamlined hiring, payroll, and compliance management, ensuring your operations run smoothly.

 
Weigh it up

Exploring the Pros and Cons of PEO and EOR Services in Colombia

PEO and EOR services offer significant advantages for businesses aiming to go global, especially in markets like Colombia. However, it's also important to consider some of their limitations.

01Market Entry & Operations

Pro

Simplifies international workforce management, enabling easier market entry without local setups.

Consider

May reduce direct control over HR functions, affecting day-to-day oversight of operations.

02Compliance & Legal

Pro

Boosts compliance and lowers legal risk with expert knowledge of Colombia's labor laws.

Consider

Choosing the right partner takes time given the range of service offerings and pricing.

03Cost Efficiency & Flexibility

Pro

Lets you scale operations without the overhead of setting up permanent local offices.

Consider

Juggling multiple PEO/EOR providers can get complex and divert focus from core work.

Local know-how

A Closer Look at Hiring Practices in Colombia

When planning to expand your employee base in Colombia, you should first have an in-depth knowledge of the employment landscape. This will be your number one priority. Here are the things to consider:

  • Employment Contracts and Compliance: In Colombia, employment is governed by the Substantive Labor Code, and contracts must be written in Spanish. The code sets out the rules for the different contract types and the obligations employers owe to their workers.

  • Mandatory Benefits: Employers must provide cesantías (severance of roughly one month's salary per year plus 12% annual interest), the prima de servicios (a mandatory bonus of about one month's salary split between June and December), and statutory vacations.

  • Work Hours and Social Security/Tax: The workweek is being progressively reduced toward 42 hours. Employers pay social security contributions for health (EPS) and pension, as well as parafiscales to SENA, ICBF, and the family compensation funds.
Managing HR in Colombia can be complex, but it's essential for staying compliant and successful. For more, explore our regional hiring guide.
Expand with Glints

Effortlessly Expand into
Colombia with Glints TalentHub

Looking for PEO or EOR services in Colombia? Glints TalentHub is ready to assist. With a strong regional presence, we quickly hire and onboard your overseas staff, handling all legal responsibilities. Whether you need a PEO for HR management or an EOR to represent your workforce legally, our comprehensive services facilitate seamless market entry and operations.

Our rapid-response solution outpaces typical self-serve platforms, offering immediate issue resolution. Our local teams in Colombia are deeply familiar with the employment landscape, adept at navigating regulatory and payroll complexities, ensuring you have the expert support needed to thrive in this dynamic market.

 

Simplify HR in Colombia with Glints TalentHub

Achieve seamless hiring, payroll, and compliance with our expert guidance