Employer of Record in Peru | Employee Benefits

Employee Benefits in Peru

Bonuses and additional payments

The Legal Bonuses Act of Peru mandates two annual bonuses, each equivalent to one month’s salary, paid in July and December. For the most part, these bonuses are compulsory and apply to all employees.

Annual leave

Employees in Peru are entitled to paid vacation leave after completing one year of service. The statutory entitlement is 30 days per year. This leave is fully paid and can be taken throughout the leave year, as agreed between employer and employee.

Additional leave may be offered as part of an employment contract, though it is not required by law. Many employers offer enhanced leave policies to stay competitive and improve retention.

Statutory leave must be taken within the year it is earned. Payment in lieu of unused leave is only permitted upon termination of employment.

Sick leave

In Peru, employees are not typically issued a bank of sick days like in other countries. Instead, workers are entitled to medical leave for as long as a doctor certifies via medical certificate that they are unfit to work. Employers are required to pay the employee at 100% of their normal wages. If the employee is on leave for longer than 20 days, the wages are paid by the national health system, EsSalud.

Parental leave

Employers must provide 98 days of paid maternity leave, typically consisting of 49 days before and 49 days after childbirth, for each pregnancy, including adoptive mothers. Pregnant employees who have contributed to social security for at least three months before childbirth are eligible for benefits, with medical certification required to be submitted to the employer and social security authorities.

Additional benefits

Employers are required by Peruvian labor law to provide the benefits listed below.

• Pension contributions: Employers are required to contribute to the National Pension System (SNP) or the Private Pension System (SPP), supporting employee retirement savings.
• EsSalud: Employers contribute 9% of an employee's monthly salary to EsSalud, providing healthcare, maternity, disability, and sickness benefits for employees.

Public healthcare coverage is provided to all Peruvian residents through EsSalud, offering access to medical services. However, many individuals opt for private healthcare to access a broader range of services and reduced wait times.

Employer social costs cover a significant portion of employee benefits in Peru, but we can consult with you about supplemental coverage options, such as additional pension contributions or life insurance, if needed. As your employer of record in Peru, we may be able to provide optional supplementary medical insurance coverage for professionals and their dependents at a more cost-effective rate.