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If you are interested in hiring a remote team in Seychelles, or even just individual remote employees in Seychelles, then you have come to the right place!
Rivermate is an Employer of Record (EOR) that offers Seychelles payroll solutions. As a Seychelles payroll provider, we will cover everything from salary, benefits, employer-to-employee contributions, and especially payroll compliance in Seychelles. We are confident Rivermate’s payroll solutions Seychelles will help you grow as a business—because now, you won’t have to worry about your payroll solutions Seychelles. We take care of everything payroll!
With Rivermate, you can run Seychelles 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 Seychelles 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.
In Seychelles, both employers and employees must pay taxes. The pension fund and social security are two of the most important funds. Both employers and employees contribute 2% of their wages to the pension fund. Employers must contribute 20% of their employees' pay to social security, while employees must contribute 2.5% of their own pay.
Companies that wish to expand their operations globally have four different payroll options in Seychelles. These payroll options are:
1. Internal Payroll. This payroll option is applicable for already established companies in Seychelles. 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. Seychelles payroll outsourcing: Outsourcing your payroll to an Employer of Record in Seychelles, 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 Seychelles 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 Seychelles have different ways of managing payroll. However, most of the options you have for running payroll in Seychelles are either expensive or require establishing a subsidiary in Seychelles. The cheapest, most efficient, and most reliable payroll processing system in Seychelles is by outsourcing payroll to Employers of Record (EOR) in Seychelles. 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 Seychelles. 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 Seychelles. 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 Seychelles.
Employers may terminate an employment contract with notice following disciplinary proceedings. If it is a major crime, the employee must be informed in writing and given the opportunity to react. Disciplinary action may include immediate firing. The termination must be in writing and delivered to the employee's union representative, if appropriate.
Employers and employees may terminate an employee contract with notice in the following circumstances: during the probationary period if the employee's performance is unsatisfactory; during the training period if the trainee does not successfully complete the training due to a change in employment terms that the employee does not consent to; change in ownership of the business; and casual or part-time employment.
Employers must provide notice of termination to employees on fixed-term contracts as well as those who reach the legal retirement age. At the very least, this notice period must be one month. Acceptable is payment in lieu of notice.
Employees have the right to end their employment contracts without notice if their employer breaches the employment contract, violates labor law, or the employee is laid off. The employee must provide written notice to the employer.
The minimum wage in Seychelles varies based on the kind of employment. Casual employees are paid SR 30.78 per hour, while all other employees shall be paid at least SR 26.70 per hour.
The standard workweek is 60 hours and eight hours per day, spread over six days, with a mandatory 24-hour rest period each week.
Although the state provides universal health care to its people, private health insurance is advised.
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.