Guide to employment, payroll and benefits in

Suriname

Rivermate offers complete payroll, benefits and compliance services for

Suriname

01. Overview

Last updated: 

August 19, 2021

Currency
Surinamese Dollar
Capital
Paramaribo
Ease of doing business
47.5
Language
Dutch
Population
586632
GDP growth
1.69%

02. Grow your team in

Suriname

with Rivermate

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

Suriname

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

Suriname

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

Suriname, formally the Republic of Suriname, is a country on South America's northeastern Atlantic coast. It is bordered on the north by the Atlantic Ocean, on the east by French Guiana, on the west by Guyana, and on the south by Brazil. It is the smallest sovereign state in South America, with an area of just under 165,000 square kilometers. Suriname has a population of around 575,990 people, the majority of whom live on the country's north coast, in and around Paramaribo, the country's capital and largest city. Suriname is a tropical country dominated by rain forests, located slightly north of the Equator. The country's comprehensive tree cover is critical to its attempts to combat climate change and maintain carbon neutrality. Suriname's economy is heavily reliant on its plentiful natural resources, such as bauxite, gold, petroleum, and agricultural products, as a developing country with a high level of human growth. Various indigenous peoples, including the Arawaks, Caribs, and Wayana, populated Suriname as early as the fourth millennium BC. Europeans arrived in the 16th century, and by the late 17th century, the Dutch had established hegemony over most of the country's current territory. Suriname was a lucrative source of sugar during the Dutch colonial era, with a plantation economy based on African slave labor and, after the abolition of slavery in 1863, indentured servants from Asia. Suriname joined the Kingdom of the Netherlands as a constituent country in 1954. Suriname declared independence from the Kingdom on November 25, 1975, but the two countries maintain strong economic, diplomatic, and cultural relations. Suriname is a member of the Caribbean Community and is considered a culturally Caribbean nation. Suriname is the only country outside of Europe where Dutch is the official and dominant language in government, industry, the media, and education. A commonly used lingua franca is Sranan Tongo, an English-based creole language.

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

The Dismissal Board, in collaboration with the Ministry of Labor, provides dismissal permits. Dismissal permits apply to terminations that occur after the mandatory notice periods have expired.


Under certain circumstances, notice periods and dismissal permits are not required. These circumstances include mutual consent termination; the expiration of a fixed-term employment agreement; termination during the trial period; and the employee's early retirement or death.


If the employer believes there are reasons for immediate dismissal, such as theft, harassment, or misbehavior, they must give evidence to the Minister of Labor's Head. Under these circumstances, the employer is prohibited from terminating the contract without their consent.

Notice period

The mandatory notice periods vary according to the length of a worker's employment. Employers may be required to provide up to six months' notice.

Severance pay

Employers are required by the 1859 Civil Code to provide severance pay equal to four weeks' wages for employees with less than four years of service; one week's wages for each year of service for employees with five to nine years of service; four months' wages for employees with ten to fifteen years of service; and six months' wages for employees with more than fifteen years of service.

Probation period

Probation may not exceed two months. Any provision requiring a longer probationary period or the commencement of a new probationary period following the expiration of the current probationary period is deemed null and void.

07. Working hours

General

The typical workweek lasts six days. The majority of employees may work no more than 8.5 hours per day and no more than 48 hours per week. Security professionals can work up to 12 hours per day over a 72-hour workweek, while employees who perform security tasks in addition to other duties can work up to 10 hours per day over a 60-hour workweek. Under certain circumstances, the Ministry of Labor may permit longer work hours, and certain industries are exempt from these maximums.


Employees who work more than six hours are entitled to a half-hour break after completing the first five hours of their shift. The head of the Labor Inspection Unit has the authority to impose longer minimum break times.

Overtime

If an employer requests that their employees work overtime, they must submit an application to the Labor Inspection Unit for an overtime permit. Employees are not permitted to work on Sundays or federally recognized holidays.

08. Minimum wage

General

There is no minimum wage in Suriname. However, this number is reportedly believed to be SRD 600 per month, the lowest feasible pay for public employees.

09. Employee benefits

General

Under the National Basic Health Insurance Law, everyone has the right to basic health care. Everyone pays to this fund, with the exception of individuals under the age of 16 and above the age of 60, whose payments are handled by the government. You are responsible for defining your withholding mechanism in the employment agreement and must pay half of the necessary contribution for each employee.

The government pays SRD 55 per individual from birth to the age of 16 to support public health care. The contribution is SRD 75 for those aged 17 to 20. The contribution is SRD 165 for those aged 21 to 59. The government restarts contributing after the age of 60. Monthly payments at this age are SRD 240.

Bonuses are not required. Offering them, on the other hand, may boost employee happiness and attract highly qualified applicants. Benefits packages that are competitive may also include premium health insurance, additional vacation time, and maternity leave.

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

Establishing an entity in

Suriname

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

Suriname

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

Suriname

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

Suriname

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

Suriname

via our Employer of Record / PEO solution.

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