United States – Alaska

Employment

There is no official form of employment contract – it can be orally or written.

Payroll

Salaries are paid either monthly or semi-monthly (twice a month)

HR & Labor

Working Hours: Full time employment is 40 hours per week. Under federal law, employers are required to pay non-exempt employees 150% times the employee’s regular hourly rate for any hours worked over 40 during the week.
arrow
Minimum Working Age: An employee must be at least 14 years old to be employed. Permits and restrictions apply to minors under the age of 18.

Immigration

In order to work legally in the United States of America, an employee must be a citizen of the US, have a permanent resident status (Green Card), H-1B visa or L-1 visa.

Benefits

Alaska does not require the employers to provide employees with breaks during their workday, however the employee is entitled to be paid for the work they do during their break.

Minimum Wage

Minimum wage $9.80 per hour.

Pension Fund

Employer has to contribute 12.56% of the employee's wages.

Employee has to contribute 12.56% of his/her wages.

Severance Payments

There is no official state or federal law regarding severance payments. It depends on the company’s policies.

Advance Notice

As Alaska is an "employment at will" state, employers can terminate an employee at any time without notice.

Termination Procedure

An employee can be terminated at any time as they are considered “at will employees”. No specific termination policies.

Vacation Days

There is no official law regarding vacation days for employee. Each employer decides the number of days upon hiring the employee.

Sick Days

No official law regarding sick days.

Public Holidays

There are 13 public holidays. However, employers do not have to pay employees extra for working during these days.

Expat Benefits

There are no official expat benefits. However different companies can offer special benefits for the expats working for them. Benefits differ from one company to another.

Additional Employee Withholdings

Federal:
1) Medicare - 1.45%
2) Social Security - 6.2%
3) Unemployment Tax - 6.0%

State:
1) Unemployment Insurance - 1.84% - 2.45%

Federal:
1) Medicare - 1.45%
2) Social Security - 6.2%
3) Unemployment Tax - 0%
State:
1) Unemployment insurance - Employees can contribute voluntarily.

Social Security

As of 2011, after the Tax Relief, Unemployment Insurance Re-authorization and Job Creation Act of 2010, the Social Security tax rate is 4.2 percent of an employee's wages.

VAT / State Sales Tax

There is no state sales tax in Alaska.