Hire your remote team in Rwanda

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

Only 499 EUR per employee per month

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Hiring a remote team in a country as Rwanda 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 Rwanda. 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 Rwanda with Rivermate

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

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

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

3. Hire a remote team in Rwanda

Rwanda is a small, landlocked, hilly, and fertile African country with a population of approximately 12.5 million people as of 2018. Tanzania, Uganda, and Burundi are among the countries that border it. The International Monetary Fund and the World Bank have both contributed to Rwanda's economic and structural growth. Rwanda was pushed back in the development process as a result of political instability in the 1990s. Rwanda, on the other hand, aims to achieve middle-income country status by 2035 and high-income country status by 2050 as a result of foreign investment, national strategy implementation, and an overall goal of achieving sustainable development goals.

Rwanda has a population of 12.3 million people and a current GDP of US $9.5 billion, according to the World Bank. Growth per capita averaged 7.2% over the decade to 2019, while GDP grew at a rate of 5%. While the measures taken to contain the COVID-19 outbreak were critical to controlling economic activities in 2020, Rwanda has experienced high economic growth rates since the 1990s, averaging more than 7% per year. Rwanda's economy grew by nearly 9% in 2019 due to strong growth in the construction, manufacturing, services, and agriculture sectors.

4. Cost of living in Rwanda

Rwanda's cost of living is $664, which is 1.41 times less expensive than the global average. Rwanda ranked 127th out of 197 countries in terms of cost of living and 101st in terms of quality of life.

Rwanda's average after-tax salary is $376, which is enough to cover living expenses for 0.6 months.

Why is it so expensive to live in Rwanda? Because we have a reference point of a developed country lifestyle, and maintaining such a standard of living in some least developed countries is difficult and expensive. As a result, living costs in Rwanda differ significantly between locals and expats.

5. Cost of renting in Rwanda

Rwanda's cost of living is 52.61% lower than that of the United States. Rent in Rwanda is 63.14% lower than in the United States on average. In terms of costs, Kigali ranked 6215th out of 9294 cities. As the country's capital, it ranked first in terms of overall expenses. Overall, it ranks in the top 33% of the world's least expensive cities. Kigali, Rwanda's capital, has a population of 745,000 people. The cost of living for a family of four is RWF 1,740,806.9 (US $1733), and the cost for a single person is RWF 709,226 (US $704).

The cost of renting is determined by the customer's preferences and lifestyle. Variations in area and size contribute to an increase or decrease in the apartment's overall rent. Housing in high-cost areas, such as city centers, can cost as much as 818,264 Franc (US $816.34), while housing in low-cost areas can cost as little as 462,251 Franc (US $461.16).

Rwanda is blessed with an East African landscape. Many cities have emerged as a result of investment and development that provide suitable working and living conditions as well as optimum lifestyles. Popular cities include: -

- Kigali is Rwanda's capital and has a luxurious lifestyle. With a population of 1.1 million, it is a development hotspot.

- Butare, Rwanda's second most populous city, has a population of 89,600 people.

- Musanze, also known as Ruhengiri, is a popular and well-developed city in Rwanda, with a population of 59,333 people.

- Gisenyi, Rwanda's beach city, has a population of 86,323.

6. Major industries in Rwanda

Agriculture, trade, and hospitality are among the industries that dominate the economy. Agriculture accounts for a sizable portion of Rwanda's economy. 75% of Rwanda's agricultural output is produced by smallholder farmers. Coffee, pyrethrum, tea, flowers, beans, cassava banana, Irish potatoes, rice, wheat, and sugarcane are among the major crops grown in Rwanda. Rwanda's soils are so fertile that agricultural production can be supported in 61% of the country. Agriculture contributed 23.54% of GDP in 2019.

Cement, agricultural products, small-scale beverages, soap, furniture, shoes, plastic goods, textiles, and cigarettes are among the major industries. Rwanda has a small industrial sector that employs 3% of the population and accounts for 16% of GDP. Production activities are primarily focused on agriculture and construction.

In recent years, services have made a significant contribution to economic growth. Construction and tourism are the forerunners of economic growth in the service sector. The service sector accounts for a sizable portion of GDP, accounting for nearly 47% of total GDP. The service sector has emerged as a strong influence in Rwanda's progress as a result of the influx of foreign investments and aid from various international organizations. Rwanda is a member of the East African Community as well as the Eastern and Southern African Common Market (COMESA).

7. Hiring cost in Rwanda

Hiring costs include all expenses incurred by the hiring authority from start to finish. It is usually calculated on a per-hire basis. The cost per hire is determined by dividing the total investment by the number of hires.

- The cost per hire includes employment advertising, software, and relocation costs, as well as other factors such as time and human resources.

- Internal and external activity costs, as well as training and onboarding expenses, are calculated.

- Hiring costs are influenced by a variety of factors, including hiring policies, human resource plans, growth and expansion, supply and demand, and the labor market.

8. Employment laws Rwanda

Contracts bind both employees and employers in Rwanda, and they must be honored in good faith and in accordance with the law. Furthermore, employment contracts include provisions for termination and conflict resolution; it is up to both parties to refer disputes to the court. The parties and workplace must provide legal information in a written contract, including their full names and addresses.

- The length and nature of the contract, as well as the probationary period and notice period, should be included in addition to the job description.

- The amount of pay, allowances, deductions, payment date and location, overtime rate, and so on.

- It is necessary to update collective labor regulations and guidelines, as well as internal rules regarding employment category and occupation level.

- Inclusion of detailed information on weekly working hours and other provisions beneficial to the employer-employee relationship is required.

9. Top skills Rwanda

If you are an employer looking to hire in Rwanda, this information about remote jobs in Rwanda should be helpful!

Foreign investment, foreign aid, and private and public establishments, generating jobs within a democratic and liberal environment, have supported rapid expansion in the Rwandan service sector. Banks, finance, software engineering, tourism, marketing, and the like have an ever-increasing demand for qualified professionals. Job portals have enlisted province wise vacancies and requirements for various skill sets such as IT, Education, Engineers, Software, IT professionals, Marketing, Communication etc.

10. Economic landscape in Rwanda

Rwanda's economy was booming in the months leading up to the COVID-19 (coronavirus) pandemic. The recorded growth rate of more than 10% in 2019 demonstrates this. The pandemic's disruption of international trade has had serious consequences for the global economy. A disruption in international trade and travel, like any other, harms Rwandan exports and tourism. Because of the pandemic, the economy contracted by 0.4%. On the bright side, the Rwandan economy has been projected to recover due to low inflation rates, low corruption rates, and an overall decrease in the external debt ratio. According to the National Budget 2020/2021, the percentage of reliance on foreign assistance has decreased from 80% to 39%. Rwanda was ranked 38th out of 190 economies in the 2020 report for making doing business in Sub-Saharan Africa easier. Rwanda's GDP per capita in 2019 is estimated to be $818 by the National Institute of Statistics of Rwanda (NISR).

11. Market size in Rwanda

Rwandan exports increased by 3.8 percent in value and 40.6 percent in volume in 2019, reaching US $1,164.5 million, according to the National Bank of Rwanda. Non-traditional and recurring exports both contributed to the increase in value. According to the National Institute of Statistics Rwanda (NISR), commodities such as gold, tin, tantalum, tungsten, tea, and coffee accounted for the majority of Rwanda's export revenue. Rwanda is ranked 29th out of 190 economies in terms of ease of doing business. Rwanda's government wants to make the country a future market hub for business leaders and corporations. According to Rwanda's National Institute of Statistics (NISR), GDP per capita in 2019 was $818 USD.

12. Minimum wage in Rwanda

Rwanda's compensation regulations include industry-specific minimum salaries. Individuals working in the tea business, for example, earn $0.83 a day, while workers in the construction industry earn anywhere from $2.50 to $8.30 per day.

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

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