Trinidad & Tobago
HR & Labor
Minimum wage is TT$15 per hour.
Employers are obligated to contribute 6.23% of employees wages to their pension fund.
Employees are obligated to contribute 3.11% of their wages to pension funds.
Employees are entitled to 14 days of sick leave yearly.
Employees of 1-5 years are entitled to 2 weeks of pay for every year employed, and every year beyond 5 receives 3 weeks of pay.
Employees must provide two weeks notice in a written resignation letter.
Employers must provide their employees with one months notice.
There are 14 public holidays. Employees are entitled to paid time off for each of them.
After one year of service, employees are entitled to between 2-5 weeks of paid vacation. This is generally determined in the employment contract and may vary.
VAT is 12.5% standard rate.