Hire your remote team in Pakistan

Only 399 EUR per employee per month

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Hiring a remote team in a country as Pakistan 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)Ā solution helps companies hire remote employees in Pakistan. 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 Pakistan with Rivermate

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

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

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 Pakistan or individually hire remote employees in Pakistan, Rivermateā€™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 Rivermateā€™s Employer of Record Pakistan services can best help your company!

3. Hire a remote team in Pakistan

Pakistan, located in South Asia, is the world's fifth most populous country. The country's eastern border is with India, its northern border is with China, its western border is with Iran, and its northern border is with Afghanistan.

Because of a rapidly growing population, political differences, and multi-tiered foreign investment, the nation's economy has always experienced ups and downs. The administration intends to implement a variety of plans to attract foreign investment and create a variety of job opportunities.

4. Cost of living in Pakistan

Pakistan's cost of living is $294, which is 3.17 times less expensive than the global average. Pakistan ranked 197th out of 197 countries in terms of cost of living and 120th in terms of quality of life.

In Pakistan, the average after-tax salary is $147, which is enough to cover living expenses for 0.5 months.

5. Cost of renting in Pakistan

The cost of living in Pakistan varies depending on where you live; for example, according to PBS statistics, Karachi and Larkana are two of the most expensive cities in Pakistan. Abbottabad and Faisalabad are also among Pakistan's most expensive cities to live in. When compared to North America and Europe, the country is significantly less expensive.

The average cost of living in Pakistan for one person, including rent, is 50,000 PKR. If other expenses such as education and health care are included, the price may rise.

6. Major industries in Pakistan

The Pakistani government forecasts a 5% future growth rate, which is one of the highest in Southern Asia. Pakistan's poverty rate increased to 5% in 2020, up from 2.3% in 2018. The COVID-19 pandemic is one of the primary causes of the country's economic decline.

As the Pakistan Rupee depreciates year after year, the PPP, or purchasing power parity, is nearly 1 trillion USD. The depreciation of the Pakistan Rupee will make the country an attractive destination for foreign investment, as iconic brands will be eager to pay employees lower wages.

The government is very interested in raising the standards of the EV, Biomedical, Electromagnetic, and Semiconductor industries. Apart from Lahore and Karachi, Pakistan's new emerging PDC or Pakistan Digital City "Haripur" is rapidly developing as Samsung and Realme launch their manufacturing lines in the country.

According to a World Bank and International Finance Corporation report, Pakistan is ranked 108th out of 190 countries for ease of doing business. Because doing business in the country is simple, most automakers, including Renault, Hyundai, Kia, and Volkswagen, intend to expand there.

After a 30-year hiatus, Exxon Mobil, America's largest oil and gas drilling company, has restarted an offshore drilling project in Pakistan.

Some developed countries, such as Qatar, have pledged to invest 3 billion USD in direct investments to boost foreign-exchange reserves.

Pakistan ranks 117 in terms of average internet speed, with mobile download speeds averaging 19.90 Mbps and fixed broadband download speeds averaging 11.72 Mbps. The upload speed in mobile is 11.51 Mbps and 10.33 Mbps in fixed broadband.

7. Hiring cost in Pakistan

Hiring costs in Pakistan vary greatly depending on the industry, skilled or unskilled labor, and job role. The average cost of hiring in Pakistan is around 4,750-8,000 PKR, with the cost rising if you use premium recruitment agencies. When hiring in Pakistan, you may be required to pay for initial training, travel, and HR costs.

8. Employment laws Pakistan

The government has relaxed several laws in order to attract multinational corporations, which provide good earning opportunities for both skilled and unskilled labor.

Although the authorities have relaxed restrictions, the country's labor laws are quite strict.

In addition, the government increased the minimum wage for unskilled labor from 4,600 PKR to 6,000 PKR.

Employers must also provide accidental coverage through insurance policies for workers in manufacturing industries or who are assigned to dangerous jobs.

9. Top skills Pakistan

If you are an employer and are looking to hire in Pakistan, these are the skillsets you want to expect from your employees:

1. Proficiency in Data Science

2. Artificial Intelligence

3. UI/UX Design

4. Blockchain

5. Internet of Things

6. Cloud Computing

7. Cybersecurity

8. Digital Marketing

9. Video Editing

10. E-commerce

10. Economic landscape in Pakistan

Pakistan's economy is semi-industrial because the majority of its economy is dependent on the Indus River. The country's GDP is expected to grow by 5.04% in 2026, and it is currently one of the world's most developing countries. Pakistan's unemployment rate in 2020 was 4.45%, and it has remained stable in recent years.

11. Market size in Pakistan

The key growth areas in Pakistan's economy are located in Karachi, Lahore, and the majority of Punjab's urban centers. The country is undergoing economic liberalization, which includes the privatization of various government sectors in order to attract foreign investment and promote a sustainable economy. Pakistan is also one of the top ten emerging economies in terms of manufacturing hubs.

12. Minimum wage in Pakistan

In Pakistan, the minimum wage varies by area.

Pakistan increased its monthly minimum pay for unskilled employees to PKR 17,500, or approximately $115, in 2019. The minimum monthly salary in the Punjab province has been raised to PKR 20,000 for 2021. There is no minimum wage for skilled workers in the nation. This is instead discussed between the employer and the employee.

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

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

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