Hire Employees & Contractors


Compliantly hire your distributed team members in


Person working on laptop

Hiring in


isn't so simple. Borderless can help.

To hire new employees in


, 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


while staying fully compliant with local laws and compliance.

Primary Language



Nicaraguan córdoba NIO

Payroll Frequency

Weekly or monthly

Public Holidays

10 days

Employer Taxes


Cost of Living Index

36.8 (94 of 140)

Statutory Leave

15 days after 6 months employment

Sick Leave

26 days

Maternity Leave

12 weeks

Important: Risks of misclassification

In many countries like


, 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.

Payment Information

Minimum Wage

The minimum wage in Nicaragua is NIO 5196.24 per month.

Overtime Pay

Overtime is paid at 200% of the employee's hourly rate.

Additional Pay

There is no additional pay detail for Nicaragua.

Payroll Cycle

For all Borderless customers, payments will be made weekly or monthly by the last day of the month.

Employer Costs & Taxes

  • 12.5%: Pension and Disability (less than 50 employees)
  • 13.5%: Pension and Disability (more than 50 employees)
  • 6.0%: Health Insurance
  • 1.5%: Labor Healthcare
  • 1.5%: War Victims

Employee Costs & Taxes

  • 0%: 0-100,000 NIO
  • 15%: 100,001 NIO - 200,000 NIO
  • 20%: 200,001 NIO - 350,000 NIO
  • 25%: 350,001 NIO - 500,000 NIO
  • 30%: Over 500,001 NIO

Employment Information

Termination Process

Termination processes vary per employment agreement.

Employers must request permission from the labour inspection department to terminate an employee with just cause.

Notice period

The general notice period is 15 days.

Probation Period

The average probation period is 30 days.

Severance Details

Severance is entitled to no less than one month's salary and cannot exceed 5 month's salary.

Benefits of working in a country abroad

Borderless Benefits Packages in


When the world is your competition, it pays to incentivize new hires and existing alike. Borderless benefits packages typically include:

Medical Insurance
Dental Insurance
Vision Insurance
Life Insurance
Retirement Contributions

Learn how to hire quickly and easily in


Book your demo of Borderless to help you hire, pay, and take care of new employees and contractors in 170+ countries.

Book a demo