Hiring, Paying and Caring for Talent in More Than 150 Nations
Fixed term contracts are permitted for a maximum of one year. They can be renewed up to 3 times. Fixed term contracts can be terminated so long as all costs/payments through the end of the contract terms (e.g. salary, etc.)
Probationary periods are allowed for a maximum of 3 months. The process for termination is notifcation by the employer, it takes immediate effect.
There are 14 public holidays defined by the Panamanian government. They are considered paid days off. If a worker is required to work they are to be paid 3x their regular rate.
18 Days are paid by employer. The employee needs to get a medical certificate issued by a doctor.
18 Days are paid by employer. The employee needs to get a medical certificate issued by a doctor.
25% over the regular hourly rate. Limited to 9 hours per week. Night work is 50% over the regular hourly rate.
Creating a worldwide workforce is a continuous process that extends beyond a contract.
TCWGlobal surpasses the typical employer of record (EOR) by ensuring that your team receives personalized attention, ranging from smooth payrolling management to customized benefits based on your specific needs and location.
