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.
English
Guyanese dollar ($, GYD)
Monthly
15 days
8.40%
N/A
17 days
26 weeks
13 weeks
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.
GYD 35,000 per month.
The standard working hours are 8 hours per day and 40 hours per week. Overtime pay is 1.5 times the regular wage.
There is no additional pay detail for Guyana.
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.
8.4%: Social security
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.
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.
The maximum probation period in Guyana is 3 months.
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.
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.