To hire new employees in
Peru
, 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
Peru
while staying fully compliant with local laws and compliance.
Spanish, Quechua
Peruvian sol (S/., PEN)
Monthly
12 days
9%
$ (107 of 140, 2023)
30 days
20 days
98 days
In many countries like
Peru
, 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.
PEN 1,025 per month.
Employees in Peru are entitled to thirteenth and fourteenth-month salaries, paid in July and December, respectively.
For all Borderless customers, payments will be made in equal monthly installments on or before the last working day of each calendar month.
1 Tax Unit (UIT) = 4,400 Peruvian soles (PEN)
Employees can only be terminated with just cause as per the Panamanian labour laws.
Workers that are let go without a fair justification are entitled to severance up to 12 months salary.
Employers are required to give six to thirty days notice for employees to defend the cause for unfair termination.
There is no mandatory probation period.
The minimum probation period is 30 days and up to 90 days.
Severance is only entitled to employees where termination was deemed unfair.
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.