Visas
If your job in Ecuador requires you to be there for more than three months, you’ll need a work visa. For this your company will need to provide a letter outlining why you were contracted and the importance of your job. You’ll also need an RUC number. See our Ecuador visas & permits guide for more on work visas. Your company should help you with the process.
Leave
You are entitled to 15 days of paid holiday per year. After five years, you are entitled to one extra day per year worked with a maximum of 15 extra days.
Christmas bonus
On 24th December you are entitled to a bonus equivalent to a twelfth of all wages earned in the year, not including social benefits.
Profit sharing
The Labour Code states that employees are entitled to 15 percent of the employers’ profits until 15th April every year.
Pension fund
Your employer is required to deposit in an account a monthly pension payment starting from your second year of work. You should receive this on a pro rata basis in your normal monthly salary, rather than at the end of your contract.
Indemnities/severance
If you have worked for your employer for at least three years and decide to end your contract (with justified cause), you are entitled to a severance payment. This is worked out depending on how long you’ve worked for the company, and what your salary is.
If your employer terminates your contract early for any reason, you won’t be entitled to these benefits.