Bangladesh
Hire Employees & Contractors

Bangladesh

Compliantly hire your distributed team members in

Bangladesh

Person working on laptop

Hiring in

Bangladesh

isn't so simple. Borderless can help.

To hire new employees in

Bangladesh

, your business must have a local legal entity or an Employer of Record like Borderless in place already. Then there’s the management of local employment compliance, taxes, benefits, payroll, and more. Hiring contractors poses similar challenges.

Borderless handles all of that for you, so you can focus on getting to work with your new team member in

Bangladesh

while staying fully compliant with local laws and compliance.

Primary Language

Bengali

Currency

Bangladeshi taka (৳, BDT)

Payroll Frequency

Monthly

Public Holidays

20 days

Employer Taxes

13.66%

Cost of Living Index

33.31 (2021)

Statutory Leave

18 days

Sick Leave

14 days

Maternity Leave

16 weeks after 6 months service

Important: Risks of misclassification

In many countries like

Bangladesh

, the treatment of employees and contractors is different. If you misclassify a new team member, you could be subjected to penalties and fines. Let Borderless get this right for you, so you don’t have to worry.

Payment Information

Minimum Wage

There is no minimum wage in Bangladesh. Wages vary by industry.

Overtime Pay

After 40 hours of the standard workweek, overtime is paid at 200%.

Overtime can not exceed 60 hours in weekly.

Additional Pay

There is no additional pay detail for Bangladesh.

Payroll Cycle

For all Borderless customers, payments will be made in monthly installments by last day of the month.

Employer Costs & Taxes

There are no mandatory social insurance contributions.

The estimated employer cost is 13.66%

Employee Costs & Taxes

  • 0% Up to 300,000 BDT
  • 5% Next 100,000 BDT
  • 10% Next 300,000 BDT
  • 15% Next 400,000 BDT
  • 20% Next 500,000 BDT
  • 25% On balance

Employment Information

Termination Process

Termination must be done for just cause, including

  • Voluntarily by the employee
  • Mutual agreement
  • Expiration of work contract
  • Poor performance
  • Probation period

Notice period

Notice varies by industry and seniority, however the general notice period is three weeks.

Probation Period

Probation is generally 3 months. Clerical employees have 6 month periods.

Severance Details

Employees who have served the company over a year are entitled to 30 days of salary for every year of service.

Benefits of working in a country abroad

Borderless Benefits Packages in

Bangladesh

When the world is your competition, it pays to incentivize new hires and existing alike. Borderless benefits packages typically include:

Medical Insurance
Dental Insurance
Vision Insurance
Life Insurance
Retirement Contributions

Learn how to hire quickly and easily in

Bangladesh

Book your demo of Borderless to help you hire, pay, and take care of new employees and contractors in 170+ countries.

Book a demo