Compliantly hire your distributed team members in
Chile
To hire new employees in
Chile
, 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
Chile
while staying fully compliant with local laws and compliance.
Spanish
Chilean peso ($, CLP)
Monthly
15 days
27%
$$ (69 of 140 nations)
15 days
0 days paid by the employer
18 weeks
In many countries like
Chile
, 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.
The Chilean government establishes a minimum wage each year, with two rates - one for for working adults and one for minors and retirees.
Beginning in August 2022:
Working hours are typically 8 hours per day, 40 hours per week. Monday through Friday is the standard workweek. Overtime pay is 150% of the regular rate for any amount of overtime hours. Employees can only work a maximum of 2 overtime hours per day or 10 overtime hours per week.
Fathers can take five days off after the birth of a child and receive paternity leave of up to six weeks, or 12 half-weeks, at 100% of the employee's regular salary.
In Chile, it is mandatory for profitable companies to provide employees with statutory bonuses annually in addition to their base salary. Employers can:
For all Borderless customers, all employee payments will be made in equal monthly installments on or before the last working day of each calendar month, payable in arrears.
Rank and file employees can be fired for just cause, such as dishonesty, negligence, fraud, or any other work-related offenses. While managerial employees can be fired any time, a severance package is required by law.
An employer must give at least 30 days' notice before terminating an employee.
Probation periods are mandatory in Chile and are 14 days long.
Employees who are fired for business reasons (e.g., redundancy) are entitled to a severance package for every year of employment, capped at 11 years. Whereas, employees who violate their contract or commit other serious offenses are not entitled to severance pay.
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.
