Guide to employment, payroll and benefits in

Bouvet Island

Rivermate offers complete payroll, benefits and compliance services for

Bouvet Island

01. Overview

Last updated: 

August 19, 2021

Currency
Norwegian Kroner
Capital
-
Ease of doing business
Language
-
Population
0
GDP growth

02. Grow your team in

Bouvet Island

with Rivermate

Payroll, benefits, taxes, and compliance can be difficult to manage in

Bouvet Island

, particularly if you don't have established local relationships. You can hire employees in

Bouvet Island

effectively, conveniently, and in full compliance with all relevant labor laws using Rivermate's global employment solution. We handle the responsibilities and legal risks associated with foreign employment so you can concentrate on growing your company.

03. Summary

Bouvet Island is a protected nature reserve in Norway that is uninhabited. It is the world's most isolated island, since it is a subantarctic volcanic island located in the South Atlantic Ocean at the southern end of the Mid-Atlantic Ridge. It is not included in the Antarctic Treaty System's northern area. The island is located 1,700 kilometers north of Queen Maud Land's Princess Astrid Coast, 1,900 kilometers east of the South Sandwich Islands, 1,600 kilometers south of Gough Island, and 2,600 kilometers south-southwest of South Africa's coast. It has a surface area of 49 square kilometers, with a glacier covering 93 percent of it. The ice-filled crater of an extinct volcano dominates the island's core. Along its coast, several skerries and one smaller island, Larsya, can be found. Nyrysa, which was created by a rock slide in the late 1950s, is the only simple landing spot and also houses a weather station. During a French exploration mission in the South Atlantic with the ships Aigle and Marie, Frenchman Jean-Baptiste Charles Bouvet de Lozier first discovered the island on January 1, 1739. They didn't make it to the shore. He mislabeled the island's coordinates, and it was not seen again until 1808, when it was discovered by British whaling captain James Lindsay, who called it Lindsay Island. Benjamin Morrell, an American sailor, was the first to claim to have landed on the island, but this claim is debatable. George Norris claimed the island for the British Crown in 1825, naming it Liverpool Island. He also claimed to have seen another island nearby, which he called Thompson Island, but it was later discovered to be a phantom. The first Norvegia expedition landed on the island in 1927, and Norway claimed it. The island's current name, Bouvet Island, was granted to it at that time. It was declared a Norwegian dependency in 1930 after a dispute with the United Kingdom over claiming privileges was resolved. It was classified as a nature reserve in 1971.

04. Public holidays

05. Types of leave

Paid time off

Public holidays

Sick days

Maternity leave

Paternity leave

Parental leave

Other leave

06. Employment termination

Termination process

Notice period

Severance pay

Probation period

07. Working hours

General

Overtime

08. Minimum wage

General

There is no statutory minimum wage. However, minimum wages are frequently set by collective bargaining agreements in the majority of sectors.

09. Employee benefits

General

10. Why Rivermate as your Employer of Record / PEO?

Establishing an entity in

Bouvet Island

to hire a team takes time, money, and effort. The labor law in

Bouvet Island

has strong worker employment protection, requiring great attention to details and a thorough awareness of local best practices. Rivermate makes expanding into

Bouvet Island

simple and effortless. We can assist you with hiring your preferred talent, managing HR and payroll, and ensuring compliance with local legislation without the hassle of establishing a foreign branch office or subsidiary. Our PEO and Global Employer of Record solutions in

Bouvet Island

give you peace of mind so you can focus on running your business.

Please contact us if you'd like to learn more about how Rivermate can help you hire employees in

Bouvet Island

via our Employer of Record / PEO solution.

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