Hire your remote team in El Salvador

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

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

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 El Salvador or individually hire remote employees in El Salvador, 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 El Salvador services can best help your company!

El Salvador's cost of living is $853, which is 1.09 times less costly than the global average. El Salvador scored 89th out of 197 nations in terms of cost of living and 154th in terms of quality of life.

El Salvador's average after-tax wage is $386, which is adequate to pay living costs for 0.5 months.

The agriculture industry is one of the primary contributors to the economy. Coffee, sugar cane, maize, coconut, oranges, and a variety of other fruits are the principal agricultural products. It accounts for 10% of the country's GDP and employs a specific proportion of the workforce.

Tourism is one of El Salvador's most important businesses, accounting for 3.5% of the country's GDP. This industry also provides around 80,500 work opportunities. The country's tourist scene differs from that of other Central American nations.

Another key business in the economy is telecommunications. There are various IT organizations in the nation that provide career possibilities to motivated individuals. The passage of the Bitcoin Law in 2021 increased access to financial services.

Employers may find the recruiting procedure difficult. The recruiting cost may vary depending on a variety of circumstances, and businesses should be prepared to handle the costs associated with the hiring process. They are as follows:

- 44 working hours a week

- Overtime pay

- Discrimination protection

- Minimum wage

- Paid and unpaid leaves

- Bonus and vacation

GDP growth has been cut by 8.58% in 2020, reaching a value of US $24.64 billion. In 2021, the rate is predicted to rise by 4.2%. El Salvador's unemployment rate has grown to 6.98% in 2020. It is projected to rise in the next years as a result of the pandemic's effect.

El Salvador does not have a national minimum wage, but it does have industry-specific minimum wages, such as $304.17 per month for retail employees, $304.17 per month for industrial laborers, $299.30 per month for apparel assembly workers, and $202.88 per month for agriculture industry workers.

Salaries are typically paid semi-monthly, with employers also required to provide a Christmas bonus. Each bonus amount will be determined by how long the employee has been with your company.