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Hiring, Paying and Caring for Talent in More Than 150 Nations

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Hire Workers in Panama

Looking to conquer the world of business without getting tangled up in international employment complexities?

Look no further than TCWGlobal! The best payrolling and global employer of record in Panama.

No cultural barrier or legal obstacle will stand in your way with us by your side. We will tailor our services to fit your unique needs and help you shine no matter where you want to operate in the world.

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Fixed-Term Contracts

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.)

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Probationary Periods

Probationary periods are allowed for a maximum of 3 months. The process for termination is notification by the employer, it takes immediate effect.

Holidays

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.

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Vacation

After 11 months, 30 days. Unused leave will carry over year to year and is paid at the time of termination.

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Sick Leave

18 Days are paid by the employer. The employee needs to get a medical certificate issued by a doctor.

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Overtime

25% over the regular hourly rate. Limited to 9 hours per week. Night work is 50% over the regular hourly rate.

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Employer of Record

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.

  • Hire compliantly in 150 countries
  • Provide customized service and benefits
  • Remove the risk from your organization

Lets talk about payrolling.

No hidden fees. Our software is free when we manage your payrolling needs.