HR & Labor
The minimum wage varies depending on the industry.
- Commerce & services, industry, and sugar refineries: $1.25 hr/$300 monthly
- Textile and garments: $1.23 hr/ $295.2 monthly
- Sugarcane harvesting and coffee mills: $0.934 hr/$224.10 monthly
- Agricultural workers, coffee harvesting, cotton harvesting, cotton mills: $0.834 hr/224.10 monthly
Employer contributes 6.75% of employees salary.
Employee contributes 6.25% of their wages.
There is no specific allotment for sick days, but the first three are paid by the employer and the following by social security.
Employees terminated without just cause is entitled to one months salary for ever year employed by the company, plus expected vacation and year end bonus.
Employees are not obligated to provide advance notice.
Employers are not obligated to provide notice.
There are 11 paid public holidays.
Employees are entitled to 15 vacation days yearly.
VAT is 13% standard rate, applied to the transfer of movable goods and the provision of services.