To hire new employees in
Madagascar
, 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
Madagascar
while staying fully compliant with local laws and compliance.
Malagasy and French
Malagasy Ariary (MGA)
Monthly
12
18%
No data available
30 days
5 days
14 weeks
In many countries like
Madagascar
, 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 minimum wage in Madagascar is 168,089 MGA for general employees and 170,442 for agricultural employees
The standard working week is 40 hours, divided across 8 hours per day. Employees receive 130% of their hourly rate for overtime. If an employee works more than 8 hours of overtime, they are entitled to 150% of their hourly rate.
13th month bonuses are common in Madagascar, but not required.
Monthly
18%: Social Security
1%: Social Security
Termination processes in Madagascar are complex and rely on the negotiated contracts or collective agreements in place. In general, termination after the probation period must be done for just cause, such as disciplinary dismissal or low performance.
Notice periods in Madagascar are generally around 10 days.
Probation periods in Madagascar cannot exceed six months.
Employees in Madagascar receive 10 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.