The Aguinaldo, also known as the Sueldo Anual Complementario (SAC), is a mandatory bonus payment for all employees in Argentina. It is equivalent to 50% of the highest monthly salary earned during the calendar year, including any overtime, commissions, or bonuses.
The Aguinaldo is paid in two installments:
The first by June 30
The second by December 18
If an employee has worked less than a full year, the Aguinaldo is prorated based on the time worked. This bonus is a key part of employee compensation, and Remote People ensures to comply with the Aguinaldo.