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If you are interested in hiring a remote team in Guinea, or even just individual remote employees in Guinea, then you have come to the right place!
Rivermate is an Employer of Record (EOR) that offers Guinea payroll solutions. As a Guinea payroll provider, we will cover everything from salary, benefits, employer-to-employee contributions, and especially payroll compliance in Guinea. We are confident Rivermate’s payroll solutions Guinea will help you grow as a business—because now, you won’t have to worry about your payroll solutions Guinea. We take care of everything payroll!
With Rivermate, you can run Guinea 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 Guinea 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.
Employers will need to contribute 18% of payroll to social security.
Companies that wish to expand their operations globally have four different payroll options in Guinea. These payroll options are:
1. Internal Payroll. This payroll option is applicable for already established companies in Guinea. 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. Guinea payroll outsourcing: Outsourcing your payroll to an Employer of Record in Guinea, 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 Guinea 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 Guinea have different ways of managing payroll. However, most of the options you have for running payroll in Guinea are either expensive or require establishing a subsidiary in Guinea. The cheapest, most efficient, and most reliable payroll processing system in Guinea is by outsourcing payroll to Employers of Record (EOR) in Guinea. 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 Guinea. 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 Guinea. 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 Guinea.
Employers must offer written notice when ending a contract. A fixed-term contract can be cancelled mutually or at the contract's end. Indefinite contracts are terminable by either party with notice unless there is misconduct, in which case the employer must provide a cause such as the employee's health, performance, or economic well-being.
Pregnant employees enjoy protected status, and if they are terminated for cause, they are entitled to two years of severance pay or the opportunity to return to their previous position. Additionally, they have the right to terminate their employment without notice for up to 15 months following childbirth.
Employers can lay off their employees when necessary.
The national minimum wage in Guinea is 440,000 GNF per month, or about $62. This amount, however, does not apply to domestic workers.
A typical workweek consists of 40 hours spread over a maximum of six days. Pharmacies, leisure, tourism, and bakeries all require 42 hours of work per week. Individuals who work in the beauty industry or as taxi drivers work 45 hours per week. Those employed in public transportation work a minimum of 48 hours per week. Guards and janitors work 55 hours per week. Female employees and those under the age of 18 are not permitted to work between the hours of 8 p.m. and 6 a.m., and they are required to take at least 12 hours of rest between shifts. Female employees are prohibited from working in mines or quarries.
The use of the community-based healthcare system in Guinea is subject to a fee. Although there is community-based healthcare for some medicines for low-income citizens, supplemental private healthcare is recommended for expats or assigned workers. The government intends to implement a National Health Development Plan by 2024 in order to promote and improve healthcare while aiming for universal coverage.