Georgia, located in eastern Europe, was named the World’s Greatest Economic Reformer by the World Bank in 2007. After 2003, Georgia witnessed a large flow of Foreign Direct Investments that led to its rapid economic growth. Tourism, agriculture, and mining are among the primary industries in Georgia.
Major economic hubs:
Tbilisi, Kutaisi, Batumi, Rustavi
Skills in demand:
Business Management, Electrical Engineering, Mechanical Engineering, Software Development, Exports, Sales
Local Universities
The top local universities in Georgia are as follows:
Ivane Javakhishvili Tbilisi State University
Ranking
Local: 1
World: 1984
Ilia State University
Ranking
Local: 2
World: 3139
The University of Georgia
Ranking
Local: 3
World: 4083
Georgian Technical University
Ranking
Local: 4
World: 4089
International Black Sea University
Ranking
Local: 5
World: 5675
Salary Data
Some of the top jobs and their corresponding monthly salaries are as follows:
Below are the key points an employer must keep in mind while seeking employees in Georgia.
Employee Contract
An employment contract in Georgia must be drafted in a language that both parties can understand. If the agreement is drawn in two languages, one of those must be specified as the priority contract.
Probation Period
The probation period for Georgian employees is up to 24 days.
Public and Provincial Holidays
Date
Name
Type
1 Jan
New Year’s Day
Public holiday
2 Jan
New Year’s (Day 2)
Public holiday
7 Jan
Orthodox Christmas Day
Public holiday
19 Jan
Orthodox Epiphany
Public holiday
3 Mar
Mothers’ Day
Public holiday
8 Mar
International Women’s Day
Public holiday
9 Apr
Independence Restoration Day
Public holiday
3 May
Orthodox Good Friday
Public holiday
4 May
Orthodox Holy Saturday
Public holiday
5 May
Orthodox Easter Sunday
Public holiday
6 May
Orthodox Easter Monday
Public holiday
9 May
Victory Day
Public holiday
12 May
St Andrew’s Day
Public holiday
26 May
Independence Day
Public holiday
28 Aug
Day of the Assumption of Mary
Public holiday
14 Oct
Svetitskhovloba
Public holiday
23 Nov
St George’s Day
Public holiday
Employee Leaves
Type of Leave
Time Period
Mandatory
Annual Leave
24 days
Yes
Sick Leave
30 days
Yes
Maternity Leave
18 weeks
Yes
Payroll
Payroll Cycle
The payroll cycle in Georgia is Monthly or Bi-weekly
Minimum Wage
The minimum wage in Georgia is GEL 115 for public sector employees and GEL 20 for private sector employees.
Overtime Pay
The standard working hours in Georgia are 8 hours per day and 40 hours per week for a five-day workweek. The overtime pay in Georgia is 150% over the employee’s base pay.
Bonus
13th Month Pay
The 13th-month bonus is not mandatory for Georgian employers.
Employment in Georgia can be terminated both by the employee and the employer. The employer can terminate the employment on substantial grounds. If the employment is terminated without any grounds, the employer must pay a severance to the employee.
Severance pay in Georgia is set to at least one month’s salary.
Visa and Immigration
Individuals seeking employment in Georgia can apply for a Type – D visa. The Type – D visa can also be clubbed with a work and residency permit, which is usually valid for one year. Individuals residing in Georgia can apply for permanent residency after six years.
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