United States – Montana
HR & Labor
Minimum wage is $8.15 per hour.
Employer contributes 8.47% of the total payroll per month for the employees pension funds.
Employee contributes 7.9% of the monthly salary to pension fund.
Montana law does not either require or prohibit severance payments. It depends on the employer’s agreement with the employee.
While there is no official period required, the general practice is is 2 weeks.
Montana 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 must pay all the necessary wages up to the day of termination.
The state law does not require official vacation time to be given to the employees. It depends on the agreement with the employer.
No official law requires the employer to give employees sick days. Depends on the prior agreement upon start of employment.
There are 10 official holidays, however private employers are not required to provide either time off or overtime pay on these days.
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
1. Medicare - 1.45%
2. Social Security - 6.2%
3. Unemployment Tax - 6.0% and maximum taxable earnings are $7,000
1. Unemployment Insurance - .02%-6.12%
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 contributions permitted.
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
Montana has no sales tax.