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The Turks and Caicos Islands are a British Overseas Territory comprised of the larger Caicos Islands and smaller Turks Islands, two sets of tropical islands in the Atlantic Ocean and northern West Indies' Lucayan Archipelago. They are most renowned for tourism and as an offshore financial center. In 2012, the resident population was 31,458, with 23,769 living on Providenciales in the Caicos Islands; predictions for July 2021 placed the population at 57,196. By population, it is the third biggest of the British overseas territories.
The islands are located in the Bahamas island chain, southeast of Mayaguana, and north of Hispaniola (Haiti and the Dominican Republic). Grand Turk (Cockburn Town), the island's capital since 1766, is located around 1,042 kilometers (647 miles) east-southeast of Miami, Florida. They cover a total area of 430 square kilometers (170 sq mi).
Indigenous peoples have lived on the islands for ages. They were first seen by Europeans in 1512. Several European nations claimed them in later centuries, with the British Empire finally acquiring possession. They were administered indirectly for many years via Bermuda, the Bahamas, and Jamaica. When the Bahamas obtained independence in 1973, they were given their own governor and have been a self-governing territory ever since.
Terminating an employee's employment must be done in a fair manner. To be fair, the employer must demonstrate to the Labour Tribunal that the termination was necessary due to the employee's capability or qualifications for the job; the employee's conduct; redundancy; or the fact that the employment could not continue without violating another ordinance's duty or restriction.
If the employer satisfies this criteria, the Tribunal will determine whether a dismissal is fair or unfair based on whether the employer's reason for dismissal is deemed to be substantial grounds for dismissal in the circumstances.
Unless the employee is dismissed for grave misbehavior (for example, excessive insubordination or dishonesty) and it would be unfair to force the employer to continue the employment relationship, the employee must be given notice of termination.
Unless otherwise specified in a contract, fired employees have no further duties to the employer when they leave.
The following are the minimum notice requirements in writing. The notice period is one working day for employees employed for less than one month. The notice period is two weeks for employees employed for less than a month but more than a year. The notice period is one month for employees who have been employed for one to five years. The notice period is two months for employees who have been employed for more than five years.
A new employee may be required to serve a three-month probationary period, which may be extended for shorter periods of time agreed upon by the employer and employee, but not to exceed six months in total. Employers or employees may terminate an employee's employment at any time and without notice during the probationary period.
Severance pay shall be two weeks' basic wage (calculated using the most recent basic wage) for each year of service, and pro-rata for each incomplete year.
The minimum wage in Turks and Caicos is $6.25 per hour.
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.
There is no income tax, capital gains tax, property tax, inheritance tax, or corporation tax in the Turks and Caicos Islands.
There is no income tax, capital gains tax, property tax, inheritance tax, or corporation tax in the Turks and Caicos Islands.
There is no sales tax or VAT (value added tax), however nearly all goods are imported and there is a 37.5% tarrif on most goods.
All visitors arriving in the Turks and Caicos Islands will be required to get a TCI Assured Travel Authorization as of July 22, 2020. All guests are required to have a round-trip ticket. Visitors are permitted to remain for 90 days; this is renewed only once. To enter the Turks and Caicos Islands, all tourists must have a passport. Passports must be valid for at least three (3) months prior to expiry in order to enter the Turks and Caicos Islands. This policy will be in place for one year, beginning May 1, 2021, and will be revisited after that.
In the United States, employment contracts might be verbal, written, or implicit. Contracts, on the other hand, should be in writing with the conditions clearly stated out to protect both the employer and the employee. In practice, the majority of contracts are in writing.
The following are examples of common employment contract terms:
Employer and employee names
The kind and scope of the service to be provided
Salary and payment intervals
Salary and payment intervals
Start and end dates (if for a fixed-term)
Benefits and leave entitlements
There is no set length for assignments. This is usually indicated in the employment contract for fixed-term employments.
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