St Vincent and the Grenadines EOR & PEO

Start hiring in St Vincent and the Grenadines

We respect your data, and process it according to our Privacy Policy

Simple, compliant hiring with Horizons EOR & PEO

Hire in St Vincent and the Grenadines

If you are a business looking to expand your workforce, hiring in St Vincent and the Grenadines may be an excellent move for you to consider. This Caribbean nation has a population of around 104,000 people, and a literacy rate of over 95%, providing a very well-educated labor force. The economy is led by numerous important industries like tourism, agriculture, and services, meaning there are ample opportunities for businesses to thrive.

The country has made major improvements in its business environment, making it easier for foreign companies to set up shop and start operations. Over the past few years, St Vincent and the Grenadines has been implementing certain reforms to enhance its economy in an attempt to attract more investors.

Understanding how the local labor market works and the legal requirements needed to operate is important when hiring in St Vincent and the Grenadines. Partnering with a local Employer of Record (EOR) can go a long way toward helping you streamline the process, and can ensure that you are in complete compliance with local laws and regulations. This allows you to focus on your core business activities while the EOR handles all of the difficulties of employment within the country.

Facts & Stats

hire employees in St Vincent and the Grenadines

What Is a St Vincent and the Grenadines EOR?

A St Vincent and the Grenadines Employer of Record is a third-party organization that handles all the legal responsibilities of employing workers in the country on behalf of your business. This includes managing payroll, handling all benefits, dealing with taxes, and ensuring complete compliance with all of the local labor laws. The EOR becomes the official employer for your employees in St Vincent and the Grenadines, even though they work for your company. This arrangement gives you the advantage of hiring local talent without setting up a legal entity in the country, which can help to simplify the hiring process and reduce administrative hassles.

It is important to note that the terms “employer of record” and “professional employer organization” (PEO) are often used interchangeably. Both refer to entities that manage employee-related tasks for other companies.

Save Money And Time with A St Vincent and the Grenadines EOR

What Are the Benefits of a St Vincent and the Grenadines EOR?

There are a lot of benefits to using a St Vincent and the Grenadines Employer of Record, such as:

Legal compliance: An EOR makes sure that your business complies with all local labor laws and business regulations. They manage all legal aspects of employment, which can help in reducing the risk of fines and legal issues. This includes sticking to all employment standards, tax laws, and benefits regulations, in order to ensure that everything is handled properly.
Simplified hiring process: The EOR manages the entire hiring process, from start to finish, making it easier to bring on new employees. You can focus on finding the right talent, and the EOR takes care of all the paperwork and legal requirements. This includes creating employment contracts, handling the onboarding process, and ensuring that all documentation is in order.
Payroll management: An EOR handles payroll processing, ensuring employees are paid accurately and on time. They manage all aspects of payroll, including calculating wages, withholding taxes, and making necessary deductions. This ensures that your payroll is completely compliant with local laws and eliminates the burden of having to manage payroll in-house.
Benefits administration: The EOR administers employee benefits such as health insurance, retirement plans, and other perks that the company offers. They ensure that your employees receive the benefits they are entitled to, which can help you attract and retain top talent. This also includes managing benefits enrollment, answering employee questions, and handling any claims or issues that may come up.
Less risk: By using an EOR, you can reduce your business’s exposure to different types of employment-related risks. The EOR assumes many of the liabilities associated with employment, in order to protect your business from potential legal and financial issues.
Focus on core business:
With an EOR handling the administrative and legal aspects of employment, you can focus on your main business activities. You can give more attention to growing your business, improving products and services, and serving your customers.
Cost savings: Using an EOR can be more cost-effective than setting up a legal entity in St Vincent and the Grenadines. The EOR handles all employment-related tasks, which helps in reducing the need for a local HR team. This helps you save on costs while still making sure that your employees are well taken care of.

Horizons is Best IN Class

Why Choose Horizons?

Horizons stands out as a St Vincent and the Grenadines EOR through:

A strong regional presence in North America, meaning senior management are on the ground to deal with any issues.
Client-focused infrastructure. Horizons won’t oversell you on products and services you don’t need. Horizons offers the easiest platform to compliantly hire and pay people worldwide.
Cost-effective solutions. At $499 per employee, per month, no EOR in St Vincent and the Grenadines is more affordable. The cost is 100% transparent (onboarding, offboarding, deposit, no extra charges).
A customer-first culture. Horizons is an efficient bootstrapped company. It is not an externally-funded company burning investor cash to aggressively acquire new clients. Horizons is the only EOR that grows with its customer, reflecting the level of care and personal attention provided to each customer. Horizons will carefully advise on the best setup in each country: the type of contract needed, how to structure your benefits, and how to offboard a person while minimizing the risk of conflicts and extra cost
A long-term partnership. Horizons is the only EOR platform with a recruitment arm — a direct response to client demand. If any employee is leaving, or if our clients want to explore a new country, Horizons can recruit new candidates directly for the client. Horizons is:
- The only EOR doing this in-house — no subcontracting
- The only EOR doing this without a retainer — clients are only charged upon success
- The only EOR charging just a 2% fee per month.

Step-by-step St Vincent and the Grenadines EOR

How Does a St Vincent and the Grenadines EOR Work?

Hire your employees: A St Vincent and the Grenadines EOR simplifies hiring by taking on the role of the legal employer. You select the candidates you want to hire, and the EOR handles all of the paperwork involved. This includes creating proper employment contracts that comply with local laws. The EOR ensures that the hiring process is quick and easy in order to allow you to bring new employees on board without any legal hassles.
Manage employment contracts and onboarding: The EOR manages all employment contracts, making sure they meet St Vincent and the Grenadines’ legal standards. They draft, review, and finalize contracts, ensuring clarity and compliance. During onboarding, the EOR handles all necessary documentation and formalities, such as setting up employee records and providing orientation. This makes the transition for new hires smooth and straightforward, meaning they can start their new positions without any unnecessary delays.
Process payroll and handle employment taxes: The EOR takes care of payroll processing, ensuring your employees are paid accurately and on time. They calculate salaries, hold back the appropriate taxes, and manage any applicable deductions. The EOR also ensures compliance with local tax regulations, so you don’t have to worry about dealing with complex tax laws, that may change frequently.
Administer benefits: The EOR administers employee benefits, including health insurance, retirement plans, and other perks. They handle the enrollment process, manage contributions, and ensure that employees receive their entitled benefits. This service helps you attract and retain the top talent by offering competitive benefits packages. The EOR also handles any claims or issues that may arise, providing support to your employees and ensuring they receive the benefits they are entitled to.
Take care of exit procedures: When an employee decides to leave the company or is let go, the EOR manages the entire exit process. This includes handling all of the necessary paperwork and ensuring compliance with local laws regarding termination and severance. The EOR processes final paychecks, manages notice periods, and handles severance pay if applicable. They also ensure that all company property is returned. This helps protect your business and ensures a smooth transition for departing employees.

stay compliant with St Vincent and the Grenadines labor laws

Labor Laws

One of the principal reasons for engaging an EOR in St Vincent and the Grenadines is to ensure full compliance with St Vincent and the Grenadines’ employment laws. Here we explain in detail how a St Vincent and the Grenadines EOR ensures:

Compliance with St Vincent and the Grenadines employment contract requirements
Compliance with working hours, national holiday provisions, and St Vincent and the Grenadines social security requirements.

Employment contract types

In St Vincent and the Grenadines, employment contracts can be either permanent or fixed-term. Permanent contracts are for ongoing roles with no set end date and provide job security and benefits like health insurance and retirement plans. Fixed-term contracts are usually for a specified length of time and are usually used for seasonal work or specific projects. These contracts must clearly outline the employment period and may or may not include the same benefits as permanent contracts. Both types of contracts have to comply with local labor laws, outlining job duties, salary amounts, and working conditions to protect both the employer and the employee.

Project-based

Fixed-term

Indefinite

Working hours in St Vincent and the Grenadines

The standard working hours in St Vincent and the Grenadines are typically 40 hours per week, usually spread over five days. Most businesses operate from Monday to Friday, with each workday lasting eight hours. Employees are entitled to a lunch break, generally one hour long. Overtime work is allowed but should be compensated at a higher rate, typically 1.5 times the regular hourly wage. Employers must also ensure that employees have at least one full day of rest per week to comply with labor regulations.

Overtime must be compensated in the following way:

Holiday Schedule in St Vincent and the Grenadines [2024]

In 2024, St Vincent and the Grenadines will observe several public holidays. Employees are entitled to these days off with pay. If they are required to work on a public holiday, they must receive extra compensation, which usually amounts to double their regular pay.

Date	Holiday name
1 Jan, 2024	New Year’s Day
14 Mar, 2024	National Heroes’ Day
29 Mar, 2024	Good Friday
1 Apr, 2024	Easter Monday
1 May, 2024	Labor Day
20 May, 2024	Whit Monday
8 Jul to 9 Jul	Carnival
1 Aug, 2024	Emancipation Day
27 Oct, 2024	Independence Day
25 Dec, 2024	Christmas Day
26 Dec, 2024	Boxing Day

Paid time off

Employees in St Vincent and the Grenadines are entitled to paid time off. This time off usually includes vacation leave, public holidays, and other forms of leave. Full-time employees typically earn a minimum of 14 days of paid vacation per year after completing one year of service. PTO policies should be clearly documented in the employment contract, including how leave is accrued and the process for requesting time off. Employers may offer more generous PTO packages than the legal minimum if they choose to.

Sick leave in St Vincent and the Grenadines

Sick leave in St Vincent and the Grenadines allows employees to take time off when they are ill without losing pay. Full-time employees are generally entitled to a minimum of 14 days of paid sick leave per year. To qualify for paid sick leave, employees usually need to provide a medical certificate if they are absent for more than two days. All sick leave policies should be clearly outlined in the employment contract.

Less than 6 months of sick leave:

(percentage of regular wages owed to the employee)

Over 6 months of sick leave

In order for employees to receive the full wages due to them, workers must present a valid medical certificate from a certified doctor to their employer.

Maternity leave in St Vincent and the Grenadines

Female employees are entitled to 13 weeks of maternity leave which can be extended by an additional 3 weeks, making a total of 16 weeks.

Employers are required to pay at least one-third of the employee’s salary during maternity leave. The NIS provides a maternity benefit that covers a portion of the employee’s salary during maternity leave, generally up to 65% of the average insurable earnings.

Not usually given but may be granted ranging from 1 to 2 weeks, depending on the employer’s policy. This is usually unpaid.

Annual leave in St Vincent and the Grenadines

Annual leave in St Vincent and the Grenadines provides employees with time off to rest and spend time with their families. Full-time employees are entitled to a minimum of 14 days of paid annual leave each year after completing one year of service. Employers can offer more annual leave, but 14 days is the legal minimum. Annual leave is usually required to be scheduled ahead of time and should be mutually agreed upon by both the employer and the employee.

Termination & severance in St Vincent and the Grenadines

Termination of employment in St Vincent and the Grenadines must comply with local labor laws. Employers must provide notice or payment in lieu of notice, with the length of notice depending on the employee’s length of service. For employees with less than one year of service, the notice period is typically one week. For longer service periods, the notice period usually increases. Severance pay is required for employees terminated without cause, generally amounting to one week’s pay for each year of service.

St Vincent and the Grenadines' compulsory social security contributions

Social security contributions are managed by the National Insurance Services (NIS), which provides benefits to workers in various areas such as sickness, maternity, employment injury, pensions, and more. The combined total contribution to the NIS is 10% of the employee’s gross earnings.

St Vincent and the Grenadines social security for foreigners

Foreign workers are generally required to contribute to the NIS if they are employed in Saint Vincent and the Grenadines. They are entitled to the same benefits as local workers, provided they meet the contribution requirements.

Individual income tax

The income tax system is structured to tax individuals and businesses based on income. These rates are progressive, meaning that higher levels of income are taxed at higher rates. The Inland Revenue Department (IRD) administers and collects income taxes in Saint Vincent and the Grenadines.

Health insurance

The government provides basic healthcare services through public hospitals and clinics. These services are generally subsidized, so the cost to patients is lower compared to private healthcare. While the NIS primarily provides social security benefits like sickness and maternity benefits, it doesn’t function as a comprehensive health insurance system.

Private health insurance in Saint Vincent and the Grenadines typically covers various medical services, including doctor visits, hospital stays, surgeries, prescription medications, and sometimes dental and vision care.

hassle-free Vincentians compensation & benefits

Compensation & Benefits

St Vincent and the Grenadines compensation laws

In St Vincent and the Grenadines, compensation laws ensure fair pay for all employees. The minimum wage varies by industry but must meet the government’s established rates. These wages can range from $25 per hour to $350 per month, depending on the type of work and the conditions surrounding employment. Employers must pay these wages on a regular schedule, usually bi-weekly or monthly. Overtime work must be compensated at 1.5 times the regular hourly rate.

13 month salary in St Vincent and the Grenadines

The 13th month salary is not a common practice in St Vincent and the Grenadines. There is no statutory requirement to pay either a 13th or a 14th month salary bonus. However, some companies choose to do this to stay competitive and to attract the best possible talent.

Social security for Vincentians nationals

Social security contributions in St Vincent and the Grenadines are mandatory for both employers and employees. These contributions fund various benefits, including pensions, unemployment insurance, and healthcare. Employers contribute 4.5% and employees contribute 3.5% for a total of 8% of the salary to the National Insurance Services (NIS).

Vincent And The Grenadines Employer Of Record Peo

Navigation

Hire in St Vincent and the Grenadines

What Is a St Vincent and the Grenadines EOR?

What Are the Benefits of a St Vincent and the Grenadines EOR?

Why Choose Horizons?

How Does a St Vincent and the Grenadines EOR Work?

Labor Laws

Employment contract types

Working hours in St Vincent and the Grenadines

Compensation & Benefits

Frequently asked questions

Hire borderless talent with Horizons

Hire in St Vincent and the Grenadines in 24h without your own local entity.

With Horizons, you get quick service, transparent pricing, and expert support.

Frequently asked questions

How does an EOR in St Vincent and the Grenadines ensure compliance with local labor laws?

An Employer of Record in St Vincent and the Grenadines ensures compliance with local labor laws by staying updated on all regulations and legal requirements. They manage employment contracts, payroll, taxes, and benefits according to the law. The EOR handles all necessary documentation and filings, ensuring that your business meets or even exceeds all of the local standards. The EOR reduces the risk of any legal issues and penalties, giving you peace of mind.

What are the benefits of using an EOR for hiring in St Vincent and the Grenadines?

Using an EOR for hiring in St Vincent and the Grenadines offers many benefits. It simplifies the hiring process by managing all legal and administrative tasks, such as payroll and tax compliance. This allows you to focus on your main business activities. The EOR also ensures you comply with local labor laws, reducing your risk of fines or legal issues. Plus, an EOR provides a quick and easy way to hire local talent without needing to set up a local entity, saving you a great deal of time and resources.

St Vincent and the Grenadines EOR & PEO

Start hiring in St Vincent and the Grenadines

Simple, compliant hiring with Horizons EOR & PEO

Hire in St Vincent and the Grenadines

Facts & Stats

EOR Platform

EOR Cost

Time-to-hire

Contracts

Local benefits

180+ Countries

hire employees in St Vincent and the Grenadines

What Is a St Vincent and the Grenadines EOR?

Save Money And Time with A St Vincent and the Grenadines EOR

What Are the Benefits of a St Vincent and the Grenadines EOR?

Horizons is Best IN Class

Why Choose Horizons?

Step-by-step St Vincent and the Grenadines EOR

How Does a St Vincent and the Grenadines EOR Work?

stay compliant with St Vincent and the Grenadines labor laws

Labor Laws

Employment contract types

Project-based

Probationary period

Termination

Severance

Fixed-term

Probationary period

Termination notice period

Severance

Indefinite

Probationary period

Termination notice period

Severance

Working hours in St Vincent and the Grenadines

Overtime must be compensated in the following way:

For a regular workday:

For a rest day:

For a statutory holiday:

Paid time off

Under 1 year of employment

1-10 years of employment

10-20 years of employment

20+ years of employment

Sick leave in St Vincent and the Grenadines

Less than 6 months of sick leave:

Under 1 year of employment

1-10 years of employment

10-20 years of employment

20+ years of employment

Over 6 months of sick leave

Under 1 year of employment

1-3 years of employment

3+ years of employment

Maternity leave in St Vincent and the Grenadines

Annual leave in St Vincent and the Grenadines

Termination & severance in St Vincent and the Grenadines

St Vincent and the Grenadines' compulsory social security contributions

St Vincent and the Grenadines social security for foreigners

Individual income tax

Health insurance

hassle-free Vincentians compensation & benefits

Compensation & Benefits

St Vincent and the Grenadines compensation laws

13 month salary in St Vincent and the Grenadines

Social security for Vincentians nationals

Hire in St Vincent and the Grenadines in 24h without your own local entity.

Frequently asked questions

180+

100+

24x5

130+

180+

100+

24x5

130+

The Global Workforce Payment Platform

What to expect when you connect with Horizons