We're sorry for the inconvenience...
If you are interested in hiring a remote team in Botswana, or even just individual remote employees in Botswana, then you have come to the right place!
Rivermate is an Employer of Record (EOR) that offers Botswana payroll solutions. As a Botswana payroll provider, we will cover everything from salary, benefits, employer-to-employee contributions, and especially payroll compliance in Botswana. We are confident Rivermate’s payroll solutions Botswana will help you grow as a business—because now, you won’t have to worry about your payroll solutions Botswana. We take care of everything payroll!
With Rivermate, you can run Botswana 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 Botswana 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.
Botswana has no payroll or social security taxes. The country does, however, have a Pay As You Earn (PAYE) system that differs for resident and non-resident taxpayers. Residents pay taxes ranging from 0 to 25% of their taxable income, while non-residents pay taxes ranging from 5-25% of their income.
Companies that wish to expand their operations globally have four different payroll options in Botswana. These payroll options are:
1. Internal Payroll. This payroll option is applicable for already established companies in Botswana. 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. Botswana payroll outsourcing: Outsourcing your payroll to an Employer of Record in Botswana, 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 Botswana 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 Botswana have different ways of managing payroll. However, most of the options you have for running payroll in Botswana are either expensive or require establishing a subsidiary in Botswana. The cheapest, most efficient, and most reliable payroll processing system in Botswana is by outsourcing payroll to Employers of Record (EOR) in Botswana. 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 Botswana. 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 Botswana. 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 Botswana.
Employers can typically cancel an employment contract by giving the employee written notice.
Botswana's minimum wage varies according to industry and type of work. For example, employees in the quarrying industry earn at least 6.77 pula per hour, while those in agriculture, forestry, and fishing earn at least 1,000 pula per hour (2019). These rates are also subject to change, and employers are advised to conduct research prior to drafting employment contracts.
The workweek is generally limited to 48 hours, with no more than nine hours per day for a five-day week or eight hours per day for a six-day week.
Botswana has a universal healthcare system, although many companies still provide private alternatives.