Madagascar
Madagascar, an island republic off the coast of southern Africa in the Indian Ocean. France has been the major trading partner of Madagascar since its independence...
Madagascar
South Africa
SOUTH AFRICA
Employer of Record
EMPLOYER OF RECORD
Employ is a trusted provider of Employer of Record (EOR) solutions for businesses looking to expand in the Asia Pacific, Africa, Europe, and America, covering end-to-end employment services for the remote workforce. We specialize in Outsourced Payroll Services, Remote Staffing, and Visa Services. In addition, we bring a centralized approach to HR management, Payroll & Benefits, and Legal Compliance wherever your staff may be.
60.3 MILLION
total population in 2021
345 BILLION USD
expected GDP in 2023
Known for its wines and great safaris, South Africa is one of the richest nations in Africa with the 3rd highest GDP per capita. Since the end of apartheid in the early 1990s, it has attracted many foreign investments with social and political reforms conducive to business from different emerging industries. South Africa’s GDP is projected to trend around 345 USD Billion in 2022.
PUBLIC HOLIDAYS: 12
If any public holiday falls on a Sunday, the Monday following on it shall be a public holiday.
- New Year’s Day – January 1
- Human Rights Day – March 21
- Good Friday – varies
- Family Day – varies
- Freedom Day – April 27
- Workers’ Day – May 1
- Youth Day – June 16
- National Women’s Day – August 9
- Heritage Day – September 24
- Day of Reconciliation – December 16
- Christmas Day – December 25
- Day of Goodwill – December 26
SOCIAL SECURITY AND TAXATION
- Skills Development Levy (SDL)
- Occupational Injuries and Disease Insurance (OID)
- Unemployment Insurance Fund (UIF)
- Pay As You Earn (PAYE)
Employer Contribution: 1% same as the employee
Income Tax Rates: 18% up to 36%
MINIMUM WAGE
21.69 South African Rands per hour (2021)
WORK HOURS
45 hours (5-6 days)
OVERTIME RATE
150% of the normal rate
PROBATIONARY PERIOD
3 months
ANNUAL LEAVE CREDITS
21 days (accrued 1.25 or 1.5 days per month)
MATERNITY LEAVE
up to 4 months
PATERNITY LEAVE
10 days unpaid
SICK LEAVE
up to 30 days (paid)
BONUSES
Not required. (upon employers discretion only)
*Info is not binding, may vary, and is provided only as an indication.
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Other Countries to Explore
Côte d’Ivoire
Côte d’Ivoire
Côte d'Ivoire serves as the gateway to explore the West African market. It has the largest church in the world, the Lady of Peace of Yamoussoukro Basilica.
Democratic Republic of the Congo
Democratic Republic of the Congo
The Democratic Republic of Congo is one of Africa’s booming economies. It has the richest natural resources worldwide, worth $24 trillion.
Your Global Team Starts Here With Us
Ask our team to design a solution that works directly with your current setup.