Compliantly hire your distributed team members in
Myanmar
To hire new employees in
Myanmar
, your business must have a local legal entity or an Employer of Record like Borderless in place already. Then there’s the management of local employment compliance, taxes, benefits, payroll, and more. Hiring contractors poses similar challenges.
Borderless handles all of that for you, so you can focus on getting to work with your new team member in
Myanmar
while staying fully compliant with local laws and compliance.
Burmese
Myanmar Kyat (MMK or Ks)
Monthly
15 days ~
3%
$ (#106 of 140, 2023)
10 days of earned leave + 6 days of casual leave
30 days
14 weeks
In many countries like
Myanmar
, the treatment of employees and contractors is different. If you misclassify a new team member, you could be subjected to penalties and fines. Let Borderless get this right for you, so you don’t have to worry.
The minimum wage in Myanmar is 4,800 kyat per day.
A standard week for factory workers is 44 hours and 48 hours for other shops and establishments. There are different formulas applied to calculating overtime pay beyond these hours.
There are no mandatory bonuses, but performance bonuses are customary.
For all Borderless customers, employee payments will be made in equal monthly installments on or before the last working day of each calendar month, payable in arrears.
Terminating an employee is permitted with just cause and if necessary, severance pay.
The notice period in Myanmar is 30 days.
The standard probation period in Myanmar is up to 3 months.
Severance pay in Myanmar depends on the employee’s tenure. For workers who have been continuously employed for 6 month to a year, employers must pay half a month’s salary in severance. This number increases up to 13 months for tenure of 25 years and above.
When the world is your competition, it pays to incentivize new hires and existing alike. Borderless benefits packages typically include:
Book your demo of Borderless to help you hire, pay, and take care of new employees and contractors in 170+ countries.
