If you work for a company and are paid on invoices, you are not a candidate to collect unemployment insurance, an economic benefit that is only given to a dependent worker who has been laid off. This is the one associated with the Ecuadorian Social Security Institute (IESS).

But this is not the only case, there are also voluntary affiliates resident in Ecuador, interns, fellows and rotating interns who cannot process this insurance.

These are the differences between the IESS unemployment fund and unemployment insurance in Ecuador

And also Ecuadorian voluntary affiliates living abroad, members of the secular clergy, unpaid domestic workers; and pensioners who join IESS. “They will not pay unemployment insurance or unemployment insurance contributions and therefore will not be able to access these benefits or those arising from them,” says the IESS.

Only from January to June of this year, 9,807 people were insured in the amount of 11,441,991.91 dollars. In May, there were more people who took shelter and there were 2,124 of them.

According to data from the Ministry of Labour, in this last half-year, 364,385 documents for settlement were recorded in the Ministry of Labour. The month of June had the highest peak with 78,960 plates.

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Only co-workers in a dependent relationship who lose their job due to circumstances beyond their control, but must meet a series of requirements to collect unemployment insurance funded by employer contributions of 1% of the worker’s salary.

To collect this insurance must meet the following conditions:

How do I carry out the procedure?

A related member who accesses unemployment insurance will receive 70% of the single basic salary on the date of termination. For example, if you earned a basic $450, this insurance goes to $315.

In case you got a job within five months, it can be concluded in four scenarios: