Guyana
Hire Employees & Contractors

Guyana

Compliantly hire your distributed team members in

Guyana

Person working on laptop

Hiring in

Guyana

isn't so simple. Borderless can help.

To hire new employees in

Guyana

, 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

Guyana

while staying fully compliant with local laws and compliance.

Primary Language

English

Currency

Guyanese dollar ($, GYD)

Payroll Frequency

Monthly

Public Holidays

15 days

Employer Taxes

8.40%

Cost of Living Index

N/A

Statutory Leave

17 days

Sick Leave

26 weeks

Maternity Leave

13 weeks

Important: Risks of misclassification

In many countries like

Guyana

, 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

GYD 35,000 per month.

Overtime Pay

The standard working hours are 8 hours per day and 40 hours per week. Overtime pay is 1.5 times the regular wage.

Additional Pay

There is no additional pay detail for Guyana.

Payroll Cycle

For all Borderless customers, employee payments will be made in equal monthly installments on or before the last working day of each calendar month, payable in arrears.

Employer Costs & Taxes

8.4%: Social security

Employee Costs & Taxes

  • 28%: Less than $1,560,000 annually
  • 40%: More than $1,560,000 annually

Employment Information

Termination Process

Employers can end an employment agreement if there is mutual consent from both the employer and the employee. An employee's rightful leave of absence cannot be used as grounds for dismissal by an employer.

Notice period

The notice period for employees who have worked for less than a year is 2 weeks and for employees who worked for more than 1 year is 1 month.

Probation Period

The maximum probation period in Guyana is 3 months.

Severance Details

Severance pay must be offer to employees who have been employed for a year or more if the termination is not due to misconduct. The typical severance pay ranges from 1 - 3 weeks of the employee's salary.

Benefits of working in a country abroad

Borderless Benefits Packages in

Guyana

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

Guyana

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

Book a demo