Overview
Capital Kingston
Currency Jamaican Dollar (JMD)
Date Format ymd; dmy
Public holidays calendar
Taxes
Employer 2.50% - NIS (National Insurance Scheme)
3.00% - NHT (National Housing Trust)
3.50% - Education Tax
3.00% - HEART (Human Employment & Resources Training)
Employee 2.50% - NIS (National Insurance Scheme)
2.00% - NHT (National Housing Trust)
2.25% - Education Tax
0.00% - Up to 1.5M
25.00% - 1.5M - 6M
30.00% - Over 6M
Termination
Termination Process Employers are required to provide notice determined by the length of employment. * Up to 5 years of employment entitles workers to two weeks notice. * 5-10 years entitles workers to four weeks notice. * 10-15 years entitles workers to 6 weeks notice. * 15-20 years entitles workers to 8 weeks notice. * 20 + years entitles workers to 12 weeks notice
Advance Notice Employees must provide two weeks notice.
Severance Pay Employees of up to 10 years receive two weeks pay for ever year employed, for each additional year beyond 10, three weeks of pay are provided.
Mandatory Benefits
Pension Fund The employer contributes 5% of employees wages. Employees are not obligated to contribute, but commonly contribute 5% of their wages.
Social Security Both employers and employees are required to contribute 2.5% of employers wages (salary ceiling either J$19,230 weekly, or J$1,000,000 a annually).
Minimum Wage
General Minimum wage is J$7,000 per week (From 1 August 2019).
Paid Time Off
Vacation days Employees of up to 10 years receive 10 vacation days annually. Those employed for more than 10 years receive 15 days annually.
Sick days After 110 days, 1 day sick leave is allowed for every 22 days worked. From the first year, two weeks sick leave is available annually.
Maternity Leave New mothers are entitled to 8 weeks paid maternity leave, and an additional 4 unpaid.
Paternity Leave No Statutory Requirements
Parental Leave No Statutory Requirements
Working Hours
General Full time employment is considered 40 hours weekly. Hours may be spread over 7 days if worker chooses.
Overtime All hours over 40 per week are considered overtime, and must be previously agreed upon.
VAT
General 16.5% standard rate.
Payment
General 1 Salaries are paid on either a monthly or semi-monthly basis.
