Bolivia
Service Fee
15%
Percentage of the candidate's annual gross salary

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Country Snapshot

Currency

BOB

Timezone

UTC-4

Minimum Wage

3.3K BOB/Month

Payroll Frequency

Monthly

Employment Type

Full-time

Bolivia is a South American country with abundant natural resources and an economy focused on mining, energy, and agriculture.

General Information

CapitalSucre
Population12,581,843
TimezoneUTC-4
Official LanguageSpanish

Employment Laws

Working Hours48h / week
Minimum Wage3.3K BOB/Month
Probation PeriodUp to 3 months
Notice Period1–3 months

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Leave Entitlements

Annual Leave15 days
Public Holidays11 days
Sick LeavePaid
Maternity Leave90 days
Paternity Leave3 days

Social Security

Employer Rate16%
Employee Rate12%

AFP (Pension Fund Administrators)

Additional Information

Recruitment in Bolivia is driven by domestic talent with limited international exposure. Skilled professionals are available in mining, agriculture, and public administration. English proficiency is generally low. Hiring processes are informal compared to other markets. Retention can be affected by limited career mobility.

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