Hire your remote team in Spain

Name: Hire a remote team in Spain
Brand: Rivermate
SKU: spain
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 Spain 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 Spain. 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 Spain with Rivermate

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

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

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

3. Hire a remote team in Spain

The service sector dominates Spain's mixed capitalist economy. Spain has the highest unemployment rate in the European Union, ranking second only to Greece. Even though the rate fell by 0.94% in 2020 compared to 2019, it remains at 13.02%. Tourism, manufacturing, agriculture, energy and electricity, and the external trade industry are the main industries in Spain.

Despite experiencing a financial crisis and recession over the last decade, Spain was able to recover and become the world's 14th largest economy. Millions of people work in the black market. As a result, the unemployment rate appears to be higher than it is. Spain's economy is classified as a high-income developed economy.

4. Cost of living in Spain

Spain's cost of living is $1141, which is 1.22 times higher than the global average. Spain ranked 46th out of 197 countries in terms of cost of living and 27th in terms of quality of life.

In Spain, the average after-tax salary is $1701, which is enough to cover living expenses for 1.5 months.

5. Cost of renting in Spain

Spain is the world's 23rd best place to live. The country is well-known for its delicious food, beautiful scenery, and relaxed way of life. Some cities offer reasonably priced housing. It is one of the most vibrant countries, with some unique traditions and festivals. Spain is less expensive than the United States.

The cost of living on rent in Spain varies depending on factors such as location, room size, and home. Depending on the area, a one-bedroom apartment with one bathroom may cost $769.87 (645.05 €). Rent may rise as amenities and lifestyle standards improve.

6. Major industries in Spain

International trade is one of the most important industries. France, Italy, and Germany are the top three exporting countries from Spain. Automobiles, agricultural products, and pharmaceuticals are the most important exports. Machinery, fossil fuel, and chemicals are examples of imported items.

Another important industry in Spain is tourism. It has grown to become the world's second largest industry. Spain is the world's second most visited country. Around 2 million people were employed in the tourism industry. The industry accounts for about 5% of GDP.

Another industry that employs a large number of professionals is the automotive industry. It accounts for approximately 8.7% of the country's GDP. Spain is the world's eighth largest automobile producer. It creates employment opportunities for skilled workers. Spain is the European Union's second largest car manufacturer, trailing only Germany.

7. Hiring cost in Spain

Employers incur significant costs during the recruitment process in Spain. When hiring a new employee, several factors are considered. Among the factors are:

- Training and onboarding expenses

- Cost of conducting hiring procedures and interviews

- The amount of time taken for the hiring process

8. Employment laws Spain

Spain has a comprehensive employment regulation system that protects employees. Working hours, vacation time, and other factors may differ depending on the industry. The Spanish Labor Law governs the following aspects of employment:

- Maximum work hours in a week (it may vary according to age)

- Paid and unpaid leaves

- Termination of employment

- Background check

- Anti-discrimination

The laws and regulations that govern employment relationships in Spain are based on

- Legislation

- Special Employment Law

- Health and Safety law

- Social Security law

- Contractual agreements

- Social media and privacy law

9. Top skills Spain

The service sector dominates Spain's high-capitalist mixed economy. There are numerous job opportunities available for all of these skills, ranging from IT specialists to graphic designers and translators.

Major skills and areas which have viewed a recent growth rate

- Business

- Hospitality

- Communication

- Software/IT

- Teaching

- Language (creative opportunities)

Top skills city-wise occupation-wise

- Madrid is Spain's most populous city. The city is the city's transportation hub. Many industries are active in the city, including the paper and publishing industries, as well as the machinery, chemical, energy, and mining industries. As a film and television production center, the city's tourism industry has thrived as well.

- Barcelona is the country's economic and financial center. Tourism is a significant industry because the area is a world-renowned tourist destination. The area is rich in historical monuments and has some of the world's best beaches. Another important sector is manufacturing, which includes the metallurgy, chemical, and energy industries. Textiles, chemicals, publishing, and logical sectors are among the city's leading industries.

10. Economic landscape in Spain

According to 2021 reports, the Spanish economy is slowly recovering from the effects of the pandemic. Spain's GDP fell 10.96% in 2020, reaching a value of 1278.21 billion USD. GDP is expected to rise by 4-6% in the years 2021-22, mitigating the effects of the pandemic.

11. Market size in Spain

The COVID-19 pandemic had a significant impact on Spain's services sector as well as other industries such as tourism and technical services departments. The market's emerging sectors are automotive, health, and agriculture. Mining, energy, external trade, and agro-business are among the other industries.

12. Minimum wage in Spain

For full-time workers, the monthly minimum salary is 950.00 EUR, or 7.04 EUR per hour.

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

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