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If you are interested in hiring a remote team in Aruba, or even just individual remote employees in Aruba, then you have come to the right place!
Rivermate is an Employer of Record (EOR) that offers Aruba payroll solutions. As a Aruba payroll provider, we will cover everything from salary, benefits, employer-to-employee contributions, and especially payroll compliance in Aruba. We are confident Rivermate’s payroll solutions Aruba will help you grow as a business—because now, you won’t have to worry about your payroll solutions Aruba. We take care of everything payroll!
With Rivermate, you can run Aruba payroll services in just one click—regardless of currency, benefits, insurance, and your local labor laws. Everything is automated. Our priority is for you to focus on your company’s strategy and growth.
Our Rivermate Global Payroll services are made especially for startups and scaleups. We know that startups try to be extra prudent when it comes to choosing a payroll provider, so it is our mission at Rivermate to be your most reliable and cheapest payroll provider option. So if you’re looking for global payroll providers for small businesses, look no further and book a call with us now!
Once you've determined the best Aruba payroll option for your company, you'll need to collect some information from employees in order to add them to your payroll. Begin by acquiring their personal identification number, tax deduction card, and emergency contact information. When an employee begins working and provides you with their tax deduction card, they become a part of the social security system and are eligible for benefits.
Information on taxation rules in Aruba are currently unavailable.
Companies that wish to expand their operations globally have four different payroll options in Aruba. These payroll options are:
1. Internal Payroll. This payroll option is applicable for already established companies in Aruba. It includes devoting an entire Human Resources staff to running the company's payroll procedures.
2. Remote Payroll. Smaller firms may lack the capacity to handle their own payroll, but they may add their workers to the parent company's payroll. This action, on the other hand, requires considerable thinking. You must guarantee that you follow the rules and laws of each nation.
Working with a local outsourcing firm is one method to retain money in the local economy, but you'll still need to study all of the local rules and regulations, since you'll be held responsible.
3. Aruba payroll outsourcing: Outsourcing your payroll to an Employer of Record in Aruba, such as Rivermate, is another alternative for Andorra payroll outsourcing. We can manage all aspects of your payroll, including compliance. Send us a note and we'll get back to you as soon as possible!
It is the obligation of the employer to ensure that all payroll-related transactions are properly documented and recorded. All salaries and compensation payments must adhere to the local minimum wage as well as other applicable laws and regulations.
Rivermate's payroll services in Aruba can assist you in staying in compliance with the country's ever-changing payroll rules. We provide an all-inclusive solution that covers everything from compliance and reporting to salary payments.)
Companies that have a business presence in Aruba have different ways of managing payroll. However, most of the options you have for running payroll in Aruba are either expensive or require establishing a subsidiary in Aruba. The cheapest, most efficient, and most reliable payroll processing system in Aruba is by outsourcing payroll to Employers of Record (EOR) in Aruba. Rivermate is one of those Employers of Record.
At Rivermate, we offer you the most efficient, most compliant, and cheapest HR and Payroll Management services in Aruba. We do this by taking care of your payroll-related needs, such as keeping track of your employees’ financial records, including incentives, gross and net salary, and payslips, all the while staying compliant with the labor laws in Aruba. Because we do your online payroll management for you, you can have absolute focus on your business’ strategy and growth.
Rivermate is all about growth through collaboration and we achieve this by offering the most reliable yet cheapest services for managing payroll for small businesses in Aruba.
When an employee's employment is terminated, the employer is required to provide a testimonial. Employers may only reveal the cause for termination and information regarding the employee's performance of work if the employee consents.
The monthly minimum wage in Aruba was set at AWG1677.60 (approximately US$926.85) per month or AWG391.25 (approximately US$216.16) per week for workers aged 18 years and older. The new minimum wage for domestic workers aged 18 and over is AWG782 (approximately US$434.45).
In Aruba, the maximum working hours for a six-day workweek are 45 hours per week and eight hours per day. Maximum working hours for a five-day workweek are 40 hours per week and eight hours per day. Maximum working hours for a four-day workweek are 36 hours per week and nine hours per day.
Employees who work more than six hours per day should be able to take a half-hour break after five hours. A break that is less than 15 minutes in duration is not considered to be a break. Working during a break constitutes overtime.
Employees whose employment contracts are terminated without their fault or for reasons that cannot be ascribed to them are entitled to a one-time monetary recompense known as the "cessantia" (provided the employee has been employed at least one year).
The Cessantia Ordinance (Cessantia-landsverordening) governs this payout, which is determined based on years of service. Within one year following the end of the employment agreement, the employee must collect his cessantia salary from his employer or, if his employer has been declared bankrupt, from the Social Security Bank of Aruba (SVB).
The cessantia entitlement only applies to employees who will become entitled to a pension or general old age pension following the termination of their employment agreement, provided that the pension is greater than the old age pension and that the old age pension, when deducted from the pension, is greater than twice the amount of the old age pension applicable at the time.
