Hire your remote team in Papua New Guinea

Name: Hire a remote team in Papua New Guinea
Brand: Rivermate
SKU: papua-new-guinea
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 Papua New Guinea 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 Papua New Guinea. 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 Papua New Guinea with Rivermate

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

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

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 Papua New Guinea or individually hire remote employees in Papua New Guinea, 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 Papua New Guinea services can best help your company!

3. Hire a remote team in Papua New Guinea

Hiring remote employees in Papua New Guinea is a decision that requires a lot of analysis and scrutiny. Recruiting the right employees is another important task. To prevent penalties and delays, employers must learn how to recruit personnel and understand the country's employment compliance rules.

4. Cost of living in Papua New Guinea

Papua New Guinea's cost of living is $524, which is 1.78 times less expensive than the global average. Papua New Guinea was ranked 166th out of 197 countries in terms of cost of living, and the 104th best place to live.

5. Cost of renting in Papua New Guinea

If you are an employer and are looking to hire in Papua New Guinea, it may be important for you to first understand the expenses your remote employees in Papua New Guinea are subjected to so you could make better decisions as an executive.

Accommodation cost or cost of rent in Papua New Guinea varies a lot depending on its position in a city, type and size of the apartment, etc. Modern apartments in City centers are more expensive than apartments outside the City Center.

6. Major industries in Papua New Guinea

COVID-19 made us realize how pointless to some extent future planning can be, we cannot underestimate the validity of the trends presented to us by technology, the generational shift in the workplace, and the evolving interests of the consumer. Because of the pandemic, more and more companies started hiring remote workers—as a means to minimize the vulnerability to another massive punch similar to COVID-19’s.

As the market evolves and certain technologies start becoming obsolete, new companies and organizations with innovative products and services tend to appear. When a small group of businesses in the same sector is centered around a specific new concept or technology in an early development stage they form what we know as an emerging industry.

These are the top industries in Papua New Guinea we believe have the most growth potential:

1. Cloud Computing

2. Biotechnology

3. Data Analytics

4. Artificial Intelligence

5. Real Estate

6. Green Energy

7. Pharmaceuticals

8. Internet of Things

9. Information Security

10. Sustainability

7. Hiring cost in Papua New Guinea

The hiring cost is an essential aspect to consider when you plan to hire remote workers in Papua New Guinea. Screening checks, legal aid, translator, staffing agency, hiring committee, the establishment of a legal organization, and ads are all considerations. Other variables that influence recruiting expenses include the cost of living in a place, training, onboarding, and opportunity costs.

8. Employment laws Papua New Guinea

Employment compliance laws require drafting an employment contract when you hire Papua New Guinea employees. The contract should include compensation, benefits, and entitlement and termination terms. Working hours are another aspect of employment compliance. Your employees cannot work more than the regular number of working hours per week, and if they do, they must be compensated for overtime unless they are a senior executive or manager. Overtime pay is mandatory and is based on the day and time your employee works.

9. Top skills Papua New Guinea

When staffing and recruiting in Papua New Guinea— or any other unfamiliar country — cultural nuances must be considered. A miscommunication could be all that stands between your company and a talented new employee who will help it grow. Before traveling abroad, invest some time in learning about Papua New Guinea business etiquette and workplace culture. Consider the following factors as you begin scheduling interviews and meetings with potential hires in Papua New Guinea.

Learning about Papua New Guinea culture and business etiquette will help you navigate meetings and interviews, but you should also research the logistics of staffing and recruiting in Papua New Guinea. When sourcing talent, you must consider a number of factors, including the best recruitment channels in Papua New Guinea and the laws your company must follow to remain compliant abroad.

When you start recruiting in Papua New Guinea you must decide whether you want to handle the process in-house or outsource it. Finding the right balance and making the most of your company's time and money can be difficult. It can take months to find talent on your own, and you'll need to find the best newspapers and job boards to advertise your open positions. If you're new to the Papua New Guinea market, professional networking can be difficult.

However, if you choose to hire employees through a traditional recruiting firm in another country, the costs can quickly add up. As a result, many companies that want to outsource the process choose to work with an Employer of Record, such as Rivermate, whose platform includes recruitment.

10. Economic landscape in Papua New Guinea

Information on the economic landscape in Papua New Guinea is currently unavailable. However, we, in Rivermate, are more than willing to help you in the best way we can. Let us know by sending us a message so we could plan how we are going to move forward. Let us help you hire in Papua New Guinea!

11. Market size in Papua New Guinea

Information on the market size in Papua New Guinea is currently unavailable. However, we, in Rivermate, are more than willing to help you in the best way we can. Let us know by sending us a message so we could plan how we are going to move forward. Let us extend our EOR services in Papua New Guinea to you!

12. Minimum wage in Papua New Guinea

The current minimum wage in Papua New Guinea is K3.52 per hour. This figure is established by the Minimum Wage Board for the nation and is subject to change as the Board deems appropriate.

13.Why choose Rivermate to hire your remote team in Papua New Guinea?

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