Hire your remote team in Chile

Only 499 EUR per employee per month

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Hiring a remote team in a country as Chile comes with a lot of overhead, such as compliance, local laws, taxes, etc. As a company, you don't want to worry about knowing all the local laws. Instead you want to focus on your remote team and the business. Rivermate's Employer of Record (EOR) solution helps companies hire remote employees in Chile. We take care of global payroll, taxes, benefits, compliance and HR activities. So you can focus on growing your business.

A remote team

1. Hire a remote team in Chile with Rivermate

Payroll, benefits, taxes, and compliance can be difficult to manage in Chile, particularly if you don't have established local relationships. You can hire employees in Chile effectively, conveniently, and in full compliance with all relevant labor laws using Rivermate's global Employer of Record (EOR) solution. We handle the responsibilities and legal risks associated with foreign employment so you can concentrate on growing your company.

2. Introduction

Rivermate is a global employment solutions company that provides Employer of Record services in Chile.

As an employer of record, we help you hire employees and run payroll services in Chile, allowing you to avoid the necessity of first establishing a branch office or subsidiary in Chile.

It is not necessary to establish an entity in order to hire an employee. We can hire your employee in any country with a few mouse clicks. Using our Employer of Record solution, you can have full compliance, benefits, and automated payments.

If you wish to hire a remote team in Chile or individually hire remote employees in Chile, Rivermate’s global employer of record services will make sure that the process will be as seamless as possible for you.

Send us a message so we can talk about how Rivermate’s Employer of Record Chile services can best help your company!

3. Hire a remote team in Chile

Chile, located along South America's western coast, has a rich culture, distinctive character, and limitless chances. Chile's economy has been built on core industries such as copper, iron, mining, and maritime resources. Chile's culture has developed from Spanish origins as a result of its historical links with Spain.

Chile's capital is Santiago. It is alive with activity, with a plethora of restaurants, pubs, and retail complexes. Chile is a place of extremes, as shown by its climate, history, and people. Some chances should not be passed up as an investor, recruiter, or employee.

4. Cost of living in Chile

The cost of living for a single individual is around 496,078 CLP (Chilean Pesos (USD 662.59)), excluding rent.

The average budget for large cities is as follows:

- 600,000-730,000 CLP/Month (800-980 USD/Month) for Santiago

- 400,000-505,000 CLP/Month (500-670 USD/Month) for Valparaiso

- 400,000-580,000 CLP/Month (500-780 USD/Month) for Concepcion

5. Cost of renting in Chile

Rent in Chile is around 65% cheaper than in the United States. The national average for a one-bedroom apartment in a metropolis is about $388 per month, while an apartment in the suburbs is around $330 per month.

6. Major industries in Chile

Food

Chile's food sector has benefited greatly from the country's diversified environment. The most recent technological advances have enabled Chile to exploit its natural resources to produce healthy, high-quality goods at competitive rates. In 2018, Chile rated first in an overall rating of food safety.

Chile is presently one among the world's top 15 exporters, having a diverse range of goods. Investing in this area ensures that you will access 86.3% of global GDP. Chile is a major supplier of blueberries, grapes, salmon, prunes, wine, and other products.

There are several investment prospects in this area, and Chile is a broad and mature market with high potential for development and success. Bioproducts and nutraceuticals are only two of the numerous components of this business that provide value.

Top Skills Required In The Food Industry

- Mechanics

- Electronics

- Computation

- Safety

- Environment

‚ÄćEnergy

Chile, with over 4000 hours of sunlight each year, has depended securely on solar energy generation. Its massive Andes Mountain range holds vast quantities of geothermal energy as well as deep biomass fuel supplies from thick forests.

Chile ranks first in renewable energy investment and solar power using cutting-edge technologies. It has resolved to achieve carbon neutrality by 2050, which has created chances for a variety of investments.

As Chile seeks to produce stationary batteries, replace coal-fired power plants, and concentrate on local and global enterprises, there are several prospects in this area.

Top Skills Required In The Energy Industry

- Personal Skills

- People Skills

- Engineering

- Applied Knowledge

- Business Fundamentals

Mining

Chile is a mining paradise, with 22% of the world's copper deposits, 5% of silver reserves, 7% of gold reserves, and 48% of the world's lithium reserves. Chile assures to reach world-class standards thanks to its cutting-edge technology and competent mining industry.

The mining industry in Chile employs 226,000 highly qualified individuals directly. It employs 575,000 indirectly employed skilled people, allowing other enterprises to enjoy the advantages of the mining industry.

There are potential for collaborative partnerships and investments in this industry, with over 30 projects in the works.

Top Skills Required In The Mining Industry

- Technology Skills

- Workplace Knowledge

- Personal Skills

- Safety Training

- Mine Planning

- Capital Projects

International Services

Chile has achieved significant advances in the technology business, with initiatives such as the "Visa-Tech - Talent Attraction Program," which intends to invest in skilled experts, who are critical in this area. Chile has swiftly become a platform for numerous economic prospects, with over 60 global corporations selecting Chile for their exporting services.

Chile is flourishing with global service firms, with over 20 data centers in strategic cities such as Valparaiso, Temuco, and Santiago. Chile expects sustained growth in global services exports of roughly USD 4 billion in 2018, with a target of USD 5 billion by 2020.

Chile has given many major prospects for investors and enterprises with incentives for company growth in this emerging area. Companies might benefit from cheaper taxes thanks to double taxation agreements.

Top Skills Required For Global Services

- Project Management

- Human Resources

- Infrastructure

- Financial Skills

- Business Skills

7. Hiring cost in Chile

The gross monthly salary in Chile is USD 2947. The median salary is USD 2591. The hourly wage is USD 14.71.

8. Employment laws Chile

Employment regulations in Chile apply to both the employer and the employee; the three basic types of contractual terms are indefinite duration, fixed term, and project-based term. Employment connections may persist in the absence of formal contracts.

Minimum Terms and Conditions of an Employment Contract:

- Date and place of execution

- Employee credentials

- Starting date

- Description of the services to be performed

- Location

- Time of payment

- Working hours

- Duration of contract

Main Sources Of Employment Law in Chile

- The Constitution

- Labour and Employment Code

- Law 17,322 on Social Security Payment

- Law 16,744 on Occupational Accidents and Diseases

- Decree-Law 3,500 and its Executive Regulation.

- Law 20,609 on Discrimination Prohibition

- Law 19,799 on VIH treatment

- Executive Law Regulation from 1967

- Law 19,728 on Unemployment Insurance

- Supreme Decree 594 on Health and Environmental Basic Workplace Conditions

9. Top skills Chile

Chile is well-known for its copper output. It accounts for 28% of worldwide copper production, making it an important resource for the global economy. Chile also has international trade agreements with 64 other countries, which allows diverse groups of people to invest in Chile.

Chile is often said to be the most competitive country; the mere determination to be the best has aided the country's economy.

Chile's primary businesses include the food industry, energy, mining, and global services.

10. Economic landscape in Chile

According to figures released in 2020, Chile's GDP was valued USD 252.94 billion. Chile's GDP value accounts for 0.22% of the global economy.

11. Market size in Chile

Because of its unique climatic circumstances, rich, lush forests, and nourishing soil, Chile has depended greatly on agricultural growth. Because of natural catastrophes that harmed its economic development, significant sectors such as footwear, textiles, and brewing have undergone a paradigm change.

Chile, on the other hand, has rebounded from its economic depression in recent years, thanks to vital sectors such as food, energy, and mining.

12. Minimum wage in Chile

Chile's minimum monthly wage is 320,500 Chilean pesos (as of 2020). This equates to approximately $460 at the moment. Employers are encouraged to evaluate an employee's performance annually and to compensate them appropriately. While Chile does not require a 13th month bonus, any bonuses agreed upon must be paid in local currency.

13.Why choose Rivermate to hire your remote team in Chile?

Establishing an entity in Chile to hire a team takes time, money, and effort. The labor law in Chile has strong worker employment protection, requiring great attention to details and a thorough awareness of local best practices. Rivermate makes expanding into Chile simple and effortless. We can assist you with hiring your preferred talent, managing HR and payroll, and ensuring compliance with local legislation without the hassle of establishing a foreign branch office or subsidiary. Our PEO and Global Employer of Record (EOR) solutions in Chile give you peace of mind so you can focus on running your business. Please contact us if you'd like to learn more about how Rivermate can help you hire employees in Chile via our Employer of Record (EOR) / PEO solution.

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