Capital City
Georgetown
Currency
Guyanese Dollar
(
$
)
Timezone
GMT -4
Payroll Frequency
Tax Year
Employer Tax
Languages
English
Guyanese Creole
Capital City
Georgetown
Currency
Guyanese Dollar
(
$
)
Timezone
GMT -4
Payroll Frequency
Tax Year
Employer Tax
Languages
English
Guyanese Creole
Hiring in Guyana for the first time can be overwhelming, especially when navigating unfamiliar employment laws. Whether you hire independent contractors, set up a legal entity, or use an EOR service, understanding the local employment landscape is crucial for success. Playroll’s comprehensive guide can help you get started if you're hiring locally or relocating a team member.
Companies can hire employees in Guyana in the following three ways:
Guyana has one of the fastest-growing economies in the world, with a GDP growth of 43.5% from 2019 to 2020 due to a recently discovered offshore oil field 120 miles from Georgetown.
Guyana’s main focal points of industry are bauxite, sugar, rice milling, timber, textiles, gold mining, and oil making up 30.7% of its total GDP.
The Guyanese workforce is relatively young and growing. The country has a shortage of skilled labor in some sectors, such as information and communications technology (ICT), engineering, and healthcare.
The literacy rate in Guyana is 85%. The country has a number of universities and technical colleges.
Businesses can only operate smoothly in Guyana if they comply with local labor laws including drafting compliant employment contract agreements and meeting taxation and payroll obligations. Learn more about the employment laws and regulations in Guyana below, to avoid any compliance issues.
We can help you get a new employee started in Guyana quickly, with a minimum onboarding time of just 1-2 working days. The timeline starts once the employee submits all required information onto the Playroll platform and completes any necessary local authority registrations. For non-nationals, the Right to Work assessment (if applicable) may add up to three extra days. Additional time may be needed for follow-ups on this assessment.
The payroll cycle in Guyana is usually Monthly, with employees being paid as stipulated in employment contract.
The annual leave entitlement in Guyana is 1 day for every 20 days worked for a full time worker. These can include public holidays on top of that or within those days, which would otherwise be unpaid.
An Employer of Record (EOR) helps businesses manage annual leave, paid time off (PTO), and local holidays across the globe, including in Guyana. By partnering with an EOR, companies ensure full compliance with local labor laws in Guyana when it comes to annual leave and time-off management. EOR providers like Playroll offer platforms that simplify tracking and managing employee time off in Guyana. By outsourcing this responsibility to Playroll, you can streamline leave management, ensure compliance, and free up time to focus on other business priorities.
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Capital City
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Employer Tax
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Hiring in Guyana for the first time can be overwhelming, especially when navigating unfamiliar employment laws. Whether you hire independent contractors, set up a legal entity, or use an EOR service, understanding the local employment landscape is crucial for success. Playroll’s comprehensive guide can help you get started if you're hiring locally or relocating a team member.
Companies can hire employees in Guyana in the following three ways:
Guyana has one of the fastest-growing economies in the world, with a GDP growth of 43.5% from 2019 to 2020 due to a recently discovered offshore oil field 120 miles from Georgetown.
Guyana’s main focal points of industry are bauxite, sugar, rice milling, timber, textiles, gold mining, and oil making up 30.7% of its total GDP.
The Guyanese workforce is relatively young and growing. The country has a shortage of skilled labor in some sectors, such as information and communications technology (ICT), engineering, and healthcare.
The literacy rate in Guyana is 85%. The country has a number of universities and technical colleges.
Businesses can only operate smoothly in Guyana if they comply with local labor laws including drafting compliant employment contract agreements and meeting taxation and payroll obligations. Learn more about the employment laws and regulations in Guyana below, to avoid any compliance issues.
We can help you get a new employee started in Guyana quickly, with a minimum onboarding time of just 1-2 working days. The timeline starts once the employee submits all required information onto the Playroll platform and completes any necessary local authority registrations. For non-nationals, the Right to Work assessment (if applicable) may add up to three extra days. Additional time may be needed for follow-ups on this assessment.
The payroll cycle in Guyana is usually Monthly, with employees being paid as stipulated in employment contract.
The annual leave entitlement in Guyana is 1 day for every 20 days worked for a full time worker. These can include public holidays on top of that or within those days, which would otherwise be unpaid.
An Employer of Record (EOR) helps businesses manage annual leave, paid time off (PTO), and local holidays across the globe, including in Guyana. By partnering with an EOR, companies ensure full compliance with local labor laws in Guyana when it comes to annual leave and time-off management. EOR providers like Playroll offer platforms that simplify tracking and managing employee time off in Guyana. By outsourcing this responsibility to Playroll, you can streamline leave management, ensure compliance, and free up time to focus on other business priorities.
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Take your business to new places