How to hire remote employees in

Guyana

Want to learn how to hire remotely in Guyana, without paying tens of thousands in fees and waiting months to onboard your talent? You’re in the right place. On this page, we’ll teach you what you need to know to make remote hires—the right way—in Guyana.

Country snapshot

CURRENCY
Guyanese Dollar
EMPLOYER TAXES
8.4%
PAYROLL FREQUENCY
Monthly
OFFICIAL LANGUAGE
English

What to know before you hire in 

Guyana

Little bit confused about hiring in Guyana? Like anywhere else, it’s got different labor laws than you’re probably used to. Which makes things complex. But it doesn’t need to feel overwhelming. You really have two choices: Hiring people as contractors, or hiring them as employees.

If you want to successfully hire in 

Guyana

, you have two options:

Hire talent as contractors

Laws about hiring contractors are significantly more simple in 

Guyana

. Onboarding talent takes days, not weeks or months. Both you, the company, and your talent have more flexibility. And in many cases, since you’re remote, the talent you’re hiring is better classified as a contractor, anyway. Of course, it’s not possible in every case, but it’s what we built Panther for.

Hire talent as employees

This is the long route. You can either establish a physical presence with an entity and register as an employer, or you can use an Employer-of-Record (EOR) solution. Odds are, you’ll find using an EOR to be the easier route. Still, using an EOR in 

Guyana

 is expensive—it can often be $500 per month per employee—and sometimes prone to lengthy onboarding times.

Why hire independent contractors in 

Guyana

Hiring contractors is normally the easier, faster, more flexible choice—but don’t just take it from us. Below are the specific benefits and drawbacks to hiring contractors in 

Guyana

.

It’s the fastest way to hire globally

Hiring employees takes months, at the minimum. When you hire with Panther’s locally-generated contracts, it’s a matter of days or weeks. This means you can hire the best talent, fast, without losing them to a hellish procession of paperwork.

It’s a lot cheaper

It costs just $0 to sign up for Panther, then $49 per month to hire your contractors with Panther. If you hired employees manually (or did contracting on your own), you’d likely be on the hook for thousands of dollars each month. Setting up an entity alone can cost tens of thousands of dollars.

It’s more flexible for you & your team

Hiring contractors in 

Guyana

 means you’re generally not on the hook for things like health insurance and paid time off. This makes hiring flexible for you, and it gives your talent more options.

It’s less risky than hiring employees

Hiring employees is a bigger commitment, and generally puts you at a bigger risk for legal fees. When you hire contractors overseas, your biggest risk is misclassification—but even then, misclassification penalties are often minimal and just require you to pay off any compensation that the person would have been owed as an employee.

Some people want to be employees

The contractor life isn’t for everyone—some people want the security that being an employee often appears to provide. Though it’s rare, this does happen, and it’s one disadvantage of manage an all-contractor team.

You might not have as much control over your talent

Most countries’ contractor-employer relationship laws stipulate that the employer can’t set fixed working hours, among other things. These laws give contractors more freedom over how and when they do their work than an employee would have. In reality, however, most contractors are willing & able to work on the company’s schedule—it’s a matter of setting expectations beforehand.

How can I pay people in 

Guyana

?

If you’re hiring contractors in 

Guyana

, you can pay them with Panther in a single click. You won’t need to worry about complicated wire transfers, fees, or currency conversions. We’ll take care of it all. Just make a click and your contractor will get paid in their currency of choice. This is a valuable bonus for talent in countries where the local currency is particularly weak—most people appreciate the ability to receive their payment in stronger currencies.

Hiring and paying your team in 

Guyana

Hire and pay with Panther

Pay everyone with a single click
Get great currency conversion rates
Pay $0 in platform fees
Run payroll in seconds
Let Panther automatically create & store invoices
Let Panther automatically write locally-compliant contracts
Let Panther automatically file local tax documents

Hire and pay without Panther

Pay all your contractors individually
Do all currency conversions yourself
Shoulder the burden of platform fees
Spend hours each month making payments
Manually track & store invoices
Manually write & sign contracts
Manually file relevant tax documents

Let Panther save you from hiring headaches.

Sign up today for $0

If you want to hire employees in 

Guyana

If you’ve read up until this point, you’ll know that it’s easier, cheaper, and more flexible to hire contractors in Guyana than employees. Still, there are valid reasons why you might want to hire employees instead. The content below is for you—we’ll cover employer taxes and obligations in Guyana.

Taxes in 

Guyana

Employer tax

Social security

Individual tax

Leave

Paid Time Off (PTO)

Employees paid daily receive one day of paid leave for every 20 days worked. Employees paid hourly receive one paid day of leave for every 160 hours worked.

Employees paid on a weekly, bi-weekly, or monthly basis receive one day of paid leave for each month of service. Additionally, there are 5 public holidays.

Public Holidays

There are 15 public holidays.

Sick Days

Sick leave in Guyana includes complex rules on the duration of the leave. Eligible employees in Guyana receive 70% of their average wage after the third day of illness for up to 26 weeks.

Payment for sick leave is made by the National Insurance Scheme after the 3rd day of illness.

To qualify, employees need to have been employed immediately prior to becoming sick, have made at least 50 contributions and eight contributions in the 13 weeks before becoming ill.

Maternity Leave

Female employees receive  13 weeks of paid  leave, starting 6 weeks before birth. In exceptional cases, employees are entitled to further 13 weeks.

If a female employee or her spouse makes at least 15 and seven contributions in the 26 weeks leading up to her maternity leave, she is eligible for maternity benefits.

Paternity Leave

There is no statutory paternity leave.

Parental Leave

Apart from maternity leave, there is no other parental leave.

Other Leave

Childcare Leave - Guyana has no unpaid childcare leave.

Marriage Leave

No Info.

Bereavement Leave

No Info.

Termination

Termination Process

In Guyana, employment contract may be terminated at the end of a fixed-term contract, by mutual consent, by the employer or by the employee.

An employer is prohibited from terminating employment based on an employee’s legitimate leave of absence. If the contract doesn't have a specific duration the employer may terminate under the following terms:

  • Mutual Consent
  • Redundancy
  • Good and sufficient cause
  • With notice from either party

Notice Period

The notice period in Guyana is:

  • Two weeks notice is required if the employee has been employed for less than a year.
  • 1 months notice is required if the employee has been employed for more than a year.

Severance Pay

Employers must pay severance to employees with one year of service terminated for reasons other than misconduct or outside the probation period. Severance ranges from one to three weeks based on the length of service. Severance pay also depends on the amount of time served

Probation Period

Probation period is cannot exceed in 3 months.

Employee requirements in 

Guyana

Working Hours

The standard work week in Guyana  is 40 hours per week, over six days.

Employees generally work eight hours per day and receive a 60-minute break.

Overtime

In Guyana overtime is paid at 1.5 time the standard rate.

Overtime may be paid at double the standard rate if worked on certain public holidays.

Employees receive one day of rest every week, and one half-day off on every alternative Sunday. Employees also receive a 15-minute break every four hours while working overtime.

Want to hire contractors, anywhere? Start with Panther today for $0.

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