Peru CTS Calculator
Calculate your Compensacion por Tiempo de Servicios (CTS) in Peru with gratification.
Semester
S/ 1,750.00
Worked period
May deposit
S/ 1,750.00
November to April
November deposit
S/ 1,750.00
May to October
| concept | Amount |
|---|---|
| Monthly salary | S/ 3,000.00 |
| 1/6 of bonus | S/ 500.00 |
| Computable remuneration | S/ 3,500.00 |
| By months | S/ 1,750.00 |
| Semester total | S/ 1,750.00 |
Estimated annual CTS
S/ 3,500.00
Peru CTS Calculator: calculate your Compensacion por Tiempo de Servicios
Compensacion por Tiempo de Servicios (CTS) is an employment benefit in Peru that acts as unemployment insurance. Employers deposit CTS semi-annually into the employee's chosen financial institution: the May deposit covers November-April, and November covers May-October.
CTS is calculated as the monthly salary plus one-sixth of the last gratification, multiplied by the months and days worked in the semester, divided by 12. It includes concepts such as family allowance, regular overtime and regular commissions.
Private sector workers with a minimum 4-hour daily schedule and at least one full month of service in the semester are entitled to CTS. Workers can access amounts exceeding 4 gross salaries; the intangible amount is only released upon termination.
Frequently asked questions
What is CTS in Peru?
Compensacion por Tiempo de Servicios (CTS) is an employment benefit that acts as unemployment insurance. It is deposited semi-annually (May and November) into the employee's chosen financial institution.
How is CTS calculated?
CTS is calculated as: (monthly salary + 1/6 of the last gratification) multiplied by the months worked in the semester, divided by 12.
Who is entitled to CTS?
Private sector employees who work at least 4 hours per day and have worked at least one full month in the corresponding semester are entitled to CTS.
Can I withdraw my CTS freely?
You can access 100% of your CTS that exceeds 4 gross salaries. The intangible amount (4 salaries) can only be withdrawn upon termination of employment.
Want to learn more? Read our complete guide →