Find your employer of record in Montserrat

Montserrat famous place - EOR World Wide
Montserrat - EOR World Wide

Montserrat

currency

East Caribbean Dollar (XCD)

Currency

Payroll_Frequency

monthly

Payroll Frequency

Employer_Tax

0 to 6.5

Employer Tax

With 2 clicks, start your journey to Hire a contractor or remote employees in Montserrat without a entity set up.

View Companies

Overview

Capital

Currency

Date Format

Fiscal Year

Reviews

Plymouth

East Caribbean Dollar (XCD)

DD/MM/YY

April 1st-March 31st

0 / 5 Star (0 Reviews)

Montserrat famous place - EOR World Wide

Find your employer of record in Montserrat

Montserrat

currency

East Caribbean Dollar (XCD)

Currency

Payroll_Frequency

monthly

Payroll Frequency

Employer_Tax

0 to 6.5

Employer Tax

Overview

Capital

Currency

Date Format

Fiscal Year

Reviews

Plymouth

East Caribbean Dollar (XCD)

DD/MM/YY

April 1st-March 31st

0 / 5 Star (0 Reviews)

0

With 2 clicks, start your journey to Hire a contractor or remote employees in Montserrat without a entity set up.

View Companies

Overview

East Caribbean Dollar (XCD)

CURRENCY

Plymouth

CAPITAL

monthly

PAYROLL FRECUENCY

11

PUBLIC HOLIDAYS

0 to 6.5

EMPLOYER TAXES

13TH / 14TH SALARY

The 13th Salary in this region is usual and typically given at the end of the year.

Employee and employeer taxation in Montserrat

Employer

Company Payroll Contributions


0% - 6.5%

Montserrat Social Security Fund (MSSF)



0% - 6.5%

Total Employment Cost

Employee

Worker Payroll Contributions


0%- 5.5%

Montserrat Social Security Fund (MSSF)


0% - 5.5%

Total Employee Cost



Employee Income Tax in Montserrat

Worker Income Tax


20%

0 to 2,500 XCD

25%

2,501 to 8,500 XCD

30%

More than 8,500

Montserrat famous place - EOR World Wide
Montserrat famous place - EOR World Wide
Minimum Wage in Montserrat
General

In Montserrat, there is still no legislation in place regarding the minimum wage. Thus, employees are not protected from unduly low pay.

 

Nonetheless, most employers earn an average of 2500 XCD per month. Although, the lowest salary can be 730 XCD per month.

 

Thus, you need an Employer of record in Montserrat to help you define the salaries for your employees.

$270 Minimum Wage per month

Montserrat famous place - EOR World Wide

Payroll Contributions in Montserrat

Payroll Cycle

The payroll cycle in Montserrat is monthly. However, some employees in Montserrat receive their payments weekly or every two weeks. 

13th Salary

There are no provisions regarding a 13th salary in Montserrat.

Employee Benefit in Montserrat

  • Probation period.
  • Notice period.
  • Annual leave.
  • Sick leave.
  • Paternity leave.
  • Maternity leave.
  • Public holidays.
  • Compassionate leave.
  • Social security.

 

Given that benefits management can be complicated, it is best to opt for hr and payroll outsourcing.

Visa and work permit in Montserrat

Montserrat issues tourist visas, e-visa, work permits, and residence permits. In the case of foreigners that want to work in Montserrat, the employer has to apply for a work permit.

 

But, since the government encourages local hiring, the employer has to advertise the job and submit proof that no one can fill the position.

 

Thus, work permits are generally granted to skilled professionals or hard-to-fill positions. Therefore, the employer has to submit the employee’s personal information such as education, work experience, and more, to get the work permit.

 

With an Employer of record in Montserrat, you can get all the required visas for your foreign employees.

VAT in Montserrat

VAT in Montserrat is set at 15%. Expand confidently to Montserrat with the support of a Professional employment organization.

Working Hours in Montserrat
General

The normal hours of work in Montserrat is 8 hours per day.

 

So, with an employer of record, you can have better management of your employees' working hours.

Overtime

An employee that works more than the standard 8 hours has the right to receive compensation for overtime work. Consequently, the overtime rate should be 1 ½ times the basic rate of pay.

 

Moreover, if the overtime work is on a public holiday, the rate is double the basic rate of pay.

 

Also, an employee cannot work more than 4 hours of overtime per day. Thus, achieve better management of overtime hours with an EOR.

Working Week

The standard working week in Montserrat should not exceed 40 hours per week. Also, the employer must grant a rest period of at least 24 consecutive hours per week to their employees.

 

If you are looking for extra support, a PEO can be of great help.

Employee Termination in Montserrat
Termination Process

An employer may terminate an employee who is guilty of misconduct or any other valid reason in the law. However, the employer must be aware that there are prohibited grounds for dismissal such as race, age, sex, and others.

 

Since contract termination can be challenging, we recommend partnering with an Employer of record in Montserrat. 

Notice Period

In Montserrat, the notice period has to be followed once the employee has completed 13 weeks of employment. It is as follows:

 

  • 13 weeks to 2 years of service: one week.
  • 2 to 5 years of service: 2 weeks.
  • 5 to 10 years of service: 4 weeks.
  • 10 to 15 years of service: 6 weeks.
  • More than 15 years of service: 8 weeks.

Severance Pay

An employee has the right to receive severance pay if he or she has been dismissed due to redundancy. Thus, in this case, the calculation is as the following:

 

  • 1 to 5 years of service: 2 weeks for every year of service.
  • 5 to 10 years of service: 2 ½ weeks for every year of service.
  • 10 to 15 years of service: 3 weeks for every year of service.
  • More than 15 years of service: 3 ½ weeks for every year of service.

 

If you need assistance with severance pay calculation, you have to trust payroll outsourcing services.

Probation Period

The probationary period in Montserrat should not exceed six months in the case of supervisors. And, it cannot exceed three months in the case of all other employees.

 

By getting PEO services you can define the best probation period for your new employees.

Employee Leaves in Montserrat
Paid Time Offs

An employee has the right to take a holiday leave once he or she has completed a calendar year of employment with the same employer. So, the paid time off is as follows:

 

  • Less than 10 years of service: minimum 2 weeks paid annual leave.
  • 10 to 20 years of service: minimum 3 weeks paid annual leave.
  • More than 20 years of service: minimum 4 weeks paid annual leave.

 

Calculating paid time off may be confusing. For this reason, you have to look for payroll outsourcing services.

Montserrat famous place - find your EOR
Public Holidays

There are 11 national holidays throughout the year.

Vacation Holidays

There are 14 vacation holidays throughout the year.

Sick Days

An employee is eligible for sick leave after 13 weeks of continuous service. The sick leave should be no less than 24 days at full wages. 

Paternity Leave

When a female employee is granted maternity leave, her husband or de facto spouse may apply for paternity leave.

 

Thus, the paternity leave will consist of two weeks with pay. But, the father must take it during her wife’s maternity leave or no later than 6 months from delivery.

 

An Employer of record in Montserrat can be your best support for managing employment leaves.

Paternal Leave


Other Leave

In Montserrat, there is a special leave for jury service and other civic purposes. In this case, the employee may request leave with full pay for said purposes.

 

Also, there is Compassionate Leave which consists of the following:

 

  • 3 days of paid leave due to the death of his or her spouse, a parent, child, or sibling.
  • 5 days of paid leave if the death of the relative has occurred abroad.

Maternity Leave in Montserrat

Female employees in Montserrat can request a paid maternity leave once they have completed a year of service.

 

Thus, the maternity leave should be of 3 months with pay at the normal rate.

 

And if the female employee has an illness or complication due to pregnancy or delivery, she may request 3 more months of leave. But she has to submit a medical certificate.

There are 90 leave throughout the year.

Montserrat famous place - find your EOR

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