Hire your remote team in Kazakhstan

Name: Hire a remote team in Kazakhstan
Brand: Rivermate
SKU: kazakhstan
Price: 499 EUR
Availability: InStock
Rating: 4.4 (5 reviews)

Only 499 EUR per employee per month

We currently do not offer any services in this country.
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Hiring a remote team in a country as Kazakhstan 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 Kazakhstan. We take care of global payroll, taxes, benefits, compliance and HR activities. So you can focus on growing your business.

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1. Hire a remote team in Kazakhstan with Rivermate

Payroll, benefits, taxes, and compliance can be difficult to manage in Kazakhstan, particularly if you don't have established local relationships. You can hire employees in Kazakhstan 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.

Table of contents

Hire a remote team with Rivermate
Introduction
Hiring a remote team in your country
Cost of living
Cost of renting
Major industries
Hiring cost
Employment laws
Top skills
Economic landscape
Market size
Minimum wage
Why choose Rivermate?

2. Introduction

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

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

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

3. Hire a remote team in Kazakhstan

Kazakhstan is a Central Asian nation that is landlocked. The nation is rich in hydrocarbon and mineral resources, including fossil fuel, natural gas, iron ore, manganese ore, chromium ore, nickel, cobalt, copper, lead, zinc, bauxite, and so on. The nation also has a huge agricultural region, and agribusiness is being developed as a result. The nation's oil and gas exploration and production business is thriving, owing mostly to the recent massive development of the oil field. Kazakhstan's massive hydrocarbon and mineral deposits, particularly in the Caspian Basin, serve as the country's economic backbone. The nation is the world's biggest uranium producer. Kazakhstan's vast agriculture industry includes animals and grain.

4. Cost of living in Kazakhstan

Kazakhstan's cost of living is $475, which is 1.96 times less costly than the global average. Kazakhstan was placed 183rd out of 197 nations in terms of cost of living, and the 108th greatest place to live.

Kazakhstan's average after-tax wage is $354, which is enough to pay living costs for 0.7 months.

5. Cost of renting in Kazakhstan

The cost of living in Kazakhstan varies substantially across cities. Furthermore, the ever-changing value of the tenge makes generalizing the average cost of living in the country problematic. The cost of living is also affected by your lifestyle, where you live, the kind of housing you choose, and so on.

When it comes to lodging costs, they vary depending on the location and kind of property. Apartments in the city center are more costly than those outside of the city. Modern complex flats are more costly than Soviet-style apartments. Excessive housing rentals significantly raise the cost of living in Kazakhstan's cities.

6. Major industries in Kazakhstan

Despite the government's attempts to diversify, Kazakhstan is heavily reliant on oil prices, and the economy is based on hydrocarbon exports.

The government's economic diversification agenda is confronting a number of problems, including a decline in global demand for fossil resources, increasing regional rivalry for investment, and higher risks of financial instability.

The country's agriculture is extensive—Kazakhstan is one of the world's major wheat producers. Agribusiness is well established; dairy and livestock sectors make for a significant portion of the agricultural industry.

In Kazakhstan, the industrial industry has grown in recent years. Hydrocarbon production, textiles, chemicals and pharmaceuticals, ferrous and nonferrous metals, and fertilizers are the most important sectors in the country.

The tertiary sector is the most important in Kazakhstan, and it has been continuously developing even after the epidemic. The primary services generated in the nation are in the financial, transportation, and technological sectors.

Tourism, retail, hospitality, wholesale, and transportation employ over 30% of the workforce and are mostly located in cities.

In Kazakhstan, the average fixed broadband internet speed is 49.12 Mbps. The average download speed is 58.35 Mbps, with an upload speed of 55.23 Mbps.

7. Hiring cost in Kazakhstan

The cost-per-hire measure is critical for every firm. When considering recruiting in a foreign nation, consider the cost of living, the availability of talent and skills, market competitiveness, and so on. Hiring cost is the total of all costs connected with filling a job, including advertising costs, recruiting event costs, recruitment software fees, onboarding costs, training costs, travel costs, administrative costs, and benefits.

8. Employment laws Kazakhstan

The Constitution of Kazakhstan declares a number of people’s rights in the field of labor and industrial relations, such as

- Right to freedom of forming associations

- Freedom of labor & the free choice of occupation and profession

- Right to safe and hygienic working conditions

- Remuneration without discrimination

- Social protection against unemployment

- Right to individual and collective labor disputes (Article 24 of the Constitution).

There are several other legal acts also in Kazakhstan that regulate labor and industrial relations, but not covered by the Labor Law, such as:

- The Law on Collective Agreements

- The Law on the Occupation of the Population

The Law on Collective Labor Disputes and Strikes

- The Edict on Approving a Position on Qualification Classes of State Employees

- The Law on Employment of Population

- The Law on State Service

9. Top skills Kazakhstan

Despite the fact that the epidemic has slowed economic development, Kazakhstan has restarted operations and begun hiring workers to catch up. There are several career possibilities available for both new and seasoned individuals.

Significant industries hiring in Kazakhstan are:

- Computer hardware & software

- Oil & gas exploration & production

- Consumer products manufacturing

- IT services

- Banking and credit unions

- Mining

- Airlines

- Telecommunication Services

Almaty, Kazakhstan's biggest city, is the country's primary economic and cultural hub. Finance is one of Almaty's most important businesses. The city provides employment possibilities in sectors such as:

- Customer services

- Banks

- Metallurgy of non-ferrous metals

- Airlines

- IT services

The country's capital, Astana or Nur-Sultan, has several career opportunities in traditional power, airlines, oil and gas exploration and production, pipelines, IT services, accountancy, construction, and telecommunications.

Shymkent and Taraz are cities with job opportunities in fields including as education, banking and credit unions, and consultancy.

Pavlodar is a city with several career opportunities. The majority of work opportunities are in the consumer product manufacturing, banks and credit unions, and food and beverage manufacturing sectors.

10. Economic landscape in Kazakhstan

Kazakhstan's economy is primarily driven by gas and oil income (35% of GDP and 75% of exports). Prior to COVID, the GDP increased by 4.5% in 2019 due to domestic demand, a building boom, and increased corporate expenditure. Kazakhstan's economy suffered a setback in 2020 as the pandemic hampered global export commerce, resulting in a negative growth balance of 2.6%. According to the IMF's economic prediction, growth will return in 2021, with an anticipated 3.2% of GDP; in 2022, it will stabilize at 4%.

11. Market size in Kazakhstan

Kazakhstan's market is big enough to absorb the majority of working-age population. The service industry, particularly the financial sector, is quite stable and employs a sizable proportion of the labor force. As the nation's economy began to recover from the pandemic's early impacts, Kazakhstan's unemployment rate fell to 4.9% in the fourth quarter of 2020, down from 5% in the third quarter.

12. Minimum wage in Kazakhstan

The monthly minimum wage in Kazakhstan is 42,500.00 KZT.

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

Establishing an entity in Kazakhstan to hire a team takes time, money, and effort. The labor law in Kazakhstan has strong worker employment protection, requiring great attention to details and a thorough awareness of local best practices. Rivermate makes expanding into Kazakhstan 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 Kazakhstan 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 Kazakhstan via our Employer of Record (EOR) / PEO solution.