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Payroll in Bolivia
Payroll in Bolivia runs in BOB on a usually monthly cycle, with statutory employer contributions and mandatory aguinaldo; a second aguinaldo applies only when the government-trigger condition is met. Gracemark operates it end-to-end, humans, not tickets.
Currency
BOB, Bolivian boliviano
Payroll cycle
Usually monthly
Working week
Generally up to 48 hours, with role- and worker-specific rules requiring local review
Minimum wage
National floor is updated by decree; use the current official decree rather than a static page value
13th-month
Mandatory aguinaldo; a second aguinaldo applies only when the government-trigger condition is met
Employer cost
Employer burden includes health, housing and solidarity/pension-related items; calculate from current salary and applicable caps
Probation
A trial period of up to 90 days is commonly recognized, subject to role and contract review
Notice period
Employment is protective; dismissal justification, benefits and potential reincorporation risk require local review
Two ways to run payroll in Bolivia
Own-entity payroll
For long-term presence in Bolivia. Gracemark manages statutory filings, pay runs, and year-end reporting under your entity, with a named operator on South America time.
EOR-run payroll
No entity in Bolivia? Employ and pay talent under Gracemark's local infrastructure via EOR, onboard in 2–4 weeks, no local incorporation.
Compliance essentials in Bolivia
- A second aguinaldo can be decreed when GDP growth exceeds 4.5%
- Strong job-stability rules make termination difficult
- Employer contributions include health, pension and housing funds
- Cost-effective talent for support and back-office roles
- Contractor models are common for senior remote talent
Get a payroll quote for Bolivia
Send your headcount and salary band. We reply with employer burden, net-to-gross, and setup timeline, no sales scripts.
Deeper guide
Hiring guide: Bolivia →
Employ without entity
EOR services →
All countries
Global payroll overview →