Overview

Capital
Honolulu
Currency
United States Dollar (USD)
Date Format
mm/dd/yyyy

Taxes

Employer
6.20% - Social Security Tax
1.45% - Medicare Rate
Up to 5.63% - State
Employee
6.20% - Social Security Tax
1.45% - Medicare Rate
Up to 5.63% - State

Minimum Wage

General

Minimum wage $9.25 per hour.

Payroll Contributions

Social Security

Employer: 6.2%

Pension Fund

Employer:has to contribute 24.8% of the employee's wages.
Employee:has to contribute 9.8% of his/her wages.

Health Insurance

Federal:

Employer: Medicare - 1.45%

Employee: Medicare - 1.45%

Leave

Public Holidays

There are 13 official paid public holidays. Private employers are not required to provide days off and or extra pay for work on these days.

Termination

Termination Process

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

Notice Period

There is no official notice period, but general practice is 2 weeks.

Severance Pay

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

VAT

General

There is no state sales tax in Hawaii. Hawaii does however have GET - General Excise Tax. GET in most of Hawaii is 4% (in Oahu is 4.5%).