Compliantly hire your distributed team members in
Sri Lanka
To hire new employees in
Sri Lanka
, 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
Sri Lanka
while staying fully compliant with local laws and compliance.
Sinhala, Tamil, English
Sri Lankan rupee (Rs, LKR)
Monthly
26 days
30%
31.18 (2021)
14 days
7 days
150 days
In many countries like
Sri Lanka
, 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.
LKR 12,500 per month
Standard working hours are 8 hours per day and 40 hours per week. The standard workweek is from Monday to Friday. However, an employee can extend the workweek to 45 hours by working for 4 hours on Saturdays.
Overtime payment is mandatory and is not included in the salary. Overtime is defined as any hours worked outside regular business hours, and before doing so, an employee needs permission from their employer. Employees are paid 150% of their hourly rate for up to 12 hours of overtime per week.
There is no additional pay detail for Sri Lanka.
For Borderless customers, all employee payments will be made in equal monthly installments on or before the last working day of each calendar month, payable in arrears.
If there is sufficient justification, an employee may be terminated immediately; otherwise, the requirements of the employment contract must be followed. The Labour Commissioner must give his or her approval before firing an employee.
The employment contract will determine the notice period, which is not regulated by law. The typical duration is one month. There is no notice period during the trial period.
There is no specified maximum. Generally, probation period is 3 or 6 months.
Severance pay is a legal requirement in Sri Lanka for all workers who are let go without cause or who have been employed for more than five years. Terminations without cause need the Commissioner of Labour's approval and can request higher payments based on each case.
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.
