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.
Bengali
Bangladeshi taka (৳, BDT)
Monthly
20 days
13.66%
33.31 (2021)
18 days
14 days
16 weeks after 6 months service
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.
There is no minimum wage in Bangladesh. Wages vary by industry.
After 40 hours of the standard workweek, overtime is paid at 200%.
Overtime can not exceed 60 hours in weekly.
There is no additional pay detail for Bangladesh.
For all Borderless customers, payments will be made in monthly installments by last day of the month.
There are no mandatory social insurance contributions.
The estimated employer cost is 13.66%
Termination must be done for just cause, including
Notice varies by industry and seniority, however the general notice period is three weeks.
Probation is generally 3 months. Clerical employees have 6 month periods.
Employees who have served the company over a year are entitled to 30 days of salary for every year of service.
When the world is your competition, it pays to incentivize new hires and existing alike. Borderless benefits packages typically include:
Book your demo of Borderless to help you hire, pay, and take care of new employees and contractors in 170+ countries.