Currency United States Dollar (USD)
Employer //= json_encode($tax_row) ?> 6.20% - Social Security Tax
1.45% - Medicare Rate
Up To 4.2% - State Taxes
//= $tax_row['total'] ?> //= json_encode($tax_row) ?> //= $tax_row['total'] ?> //= json_encode($tax_row) ?> //= $tax_row['total'] ?>
Employee //= json_encode($tax_row) ?> //= $tax_row['total'] ?> //= json_encode($tax_row) ?> //= $tax_row['total'] ?> //= json_encode($tax_row) ?> //= $tax_row['total'] ?>
Termination Process Georgia follows “employment at will” doctrine which means both the employee and employer are allowed to terminate the employment at any given time without a reason Therefore at the time of termination, the employer much pay all the necessary wages up to the day of termination.
Advance Notice There is no official advance notice period, but the general practice is 2 weeks.
Pension Fund Employer:contributes 6% of employee salary.
Employee:contributes 1% of their salary.
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. In addition, there is a limit to the amount of wages that are subject to Social Security taxes. In 2016, the taxable wage base is be $118,500
Severance Pay The employer is not required to pay severance payments to the employee.
General Minimum wage is $5.15 per hour.
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 Withholding
1. Medicare - 1.45%
2. Social Security - 6.2%
3. Unemployment Tax - 6.0% and maximum taxable earnings are $7,000
1. Unemployment Insurance - 2.7% with maximum taxable earnings of $9,500
1. Medicare - 1.45% (additional 0.9% contribution for employees earning less than $200,000)
2. Social Security - 6.2% with salary ceiling of $118,500
3. Unemployment Tax - 0%
1. Unemployment Insurance - Voluntary contribution by employees permitted
Paid Time Off
Vacation days The state law does not require official vacation time to be given to the employees. It depends on the agreement with the employer.
Sick days No official law requires the employer to give employees sick days. Depends on the prior agreement upon start of employment.
Public Holidays There are 12 public holidays in Georgia, public offices are officially closed however private companies are not required by law to give those days off to their employees, or provide extra pay for these days.
General State sales tax is 4.2%.