Guide to employment, payroll and benefits in

Svalbard and Jan Mayen

Rivermate offers complete payroll, benefits and compliance services for

Svalbard and Jan Mayen

01. Overview

Last updated: 

August 19, 2021

Currency
Norwegian Krone
Capital
Longyearbyen
Ease of doing business
Language
Norwegian
Population
2926
GDP growth

02. Grow your team in

Svalbard and Jan Mayen

with Rivermate

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

Svalbard and Jan Mayen

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

Svalbard and Jan Mayen

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

Svalbard and Jan Mayen is an ISO 3166-1 statistical classification for a grouping of two remote Norwegian jurisdictions: Svalbard and Jan Mayen. They are not administratively related, even though they are combined for the International Organization for Standardization group. As a result, the country code top-level domain.sj was created for Svalbard and Jan Mayen, as well as ISO 3166-2:SJ, which is still used by the United Nations Statistics Division, but renamed Svalbard and Jan Mayen Islands. Svalbard is an archipelago in the Arctic Ocean that is part of Norway's territory, but is given special status by the Svalbard Treaty. Jan Mayen is a small island in the Arctic Ocean that is administered by the County Governor of Nordland. It has no permanent population. Svalbard and Jan Mayen share the distinction of being Norway's only fully integrated regions that are not divided into counties. While the United Nations suggested a separate ISO code for Svalbard, it was the Norwegian authorities who took the initiative to include Jan Mayen in the code. Norwegian is the official 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

Notice period

Severance pay

Probation period

07. Working hours

General

Overtime

08. Minimum wage

General

Salaries in Svalbard and Jan Mayen Islands range from 6,610 NOK per month to 117,000 NOK per month.

09. Employee benefits

General

Mandatory benefits postulated by law include a probationary period, pay on annual leaves, public holidays, sick leaves, maternity leave, paternity leave, and overtime pay. Statutory benefits also include social security benefits.

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

Establishing an entity in

Svalbard and Jan Mayen

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

Svalbard and Jan Mayen

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

Svalbard and Jan Mayen

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

Svalbard and Jan Mayen

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

Svalbard and Jan Mayen

via our Employer of Record / PEO solution.

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