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If you are interested in hiring a remote team in Senegal, or even just individual remote employees in Senegal, then you have come to the right place!
Rivermate is an Employer of Record (EOR) that offers Senegal payroll solutions. As a Senegal payroll provider, we will cover everything from salary, benefits, employer-to-employee contributions, and especially payroll compliance in Senegal. We are confident Rivermate’s payroll solutions Senegal will help you grow as a business—because now, you won’t have to worry about your payroll solutions Senegal. We take care of everything payroll!
With Rivermate, you can run Senegal 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 Senegal 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.
As an employer, you must consider corporate taxes, personal income taxes for your employees, and other factors. Employers and employees both contribute to the IPM Health Fund, as well as social security, the Industrial Accident Fund, the National Retirement Fund, and the executive pension fund. Among the contributions are:
1. 1.5% of salaries for both employers and employees up to a salary cap of 60,000 CFA francs
2. 7% of salary subject to a cap for employers
3. 1-5% of salary depending on the risk and subject to a cap for employers
4. A 60/40% split on 14% of salaries for employers and employees respectively
5. 6% of salaries for employers and executives
Companies that wish to expand their operations globally have four different payroll options in Senegal. These payroll options are:
1. Internal Payroll. This payroll option is applicable for already established companies in Senegal. 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. Senegal payroll outsourcing: Outsourcing your payroll to an Employer of Record in Senegal, 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 Senegal 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 Senegal have different ways of managing payroll. However, most of the options you have for running payroll in Senegal are either expensive or require establishing a subsidiary in Senegal. The cheapest, most efficient, and most reliable payroll processing system in Senegal is by outsourcing payroll to Employers of Record (EOR) in Senegal. 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 Senegal. 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 Senegal. 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 Senegal.
Fixed-term contracts are typically terminated upon expiration and may be canceled early only for exceptional circumstances, most frequently substantial misconduct on the side of one of the parties. An indefinite contract may be cancelled by the parties agreeing to do so, or by either party giving the required notice time. All termination notices must be in writing and include a rationale for the termination. If the employer wishes to terminate the contract, the employer must provide a legitimate reason, which may be economic or personal in nature.
When an employer terminates a contract, ordinary employees receive one month's notice, supervisors and supervisory-level employees receive two months' notice, and executives receive three months' notice. Additionally, an employer may fire an employee without notice if the employer has just cause, such as unjustifiable absence, violation(s) of professional obligations, gross negligence, or commission of a criminal or civil infraction. Employers must first send an employee a letter stating why they are dissatisfied with their performance, save in the most egregious circumstances of wrongdoing. A minimum of 48 hours must be allowed for the employee to react.
In Senegal, general employees must be paid at least 317 CFA francs per hour, while agricultural workers must be paid at least 213 CFA francs per hour.
The standard workweek consists of forty hours spread over five days.
The IPM (Institut de Prévoyance Maladie), Senegal's public healthcare system, covers employed Senegalese citizens. It pays for 40-80 percent of medical, pharmaceutical, and hospital expenses. Employees are enrolled in the IPM by their employers, and they become eligible for benefits after contributing for two months. Employers cover medical costs for workers who have not yet made adequate payments, and the employee reimburses them later. A hospitalized employee is usually given a modest hospital stipend by his or her company. A state welfare program provides primary healthcare to the whole population, including unemployed people. Private health insurance is accessible, and there are several private medical providers in Dakar, Senegal's capital city.