Your quick guide on talent and labor compliance norms in Gibraltar
Capital
Gibraltar
Currency
Gibraltar pound (GIP)
Languages
English
Payroll Frequency
Weekly or Monthly
GDP per Capita
$92,843
Employer Tax
20%
Talent Overview
Gibraltar, or as most people refer to as “The Rock”, is a British Overseas Territory recognizable due to a huge monolithic limestone that dominates the country’s area. This natural structure is a nature reserve and has been a home to many barbary macaques. This has attracted tourism for their nation, and has greatly contributed to their economic growth.
Aside from the tourism and services sector, the country also owes its success to the finance and banking industry, E-gaming and shipping industry.
Major economic hubs:
Gibraltar
Skills in demand:
Product Manager, IT Manager, Data Scientist, Physician
Local Universities
The top local universities in Gibraltar are as follows:
Local: 1
World: 5,377
Salary Data
Some of the common jobs in Gibraltar with average annual salary are as follows:
Some of the common jobs in Gibraltar with average monthly salary are as follows;
| Job Title | Average Monthly Salary (GIP) | Average Monthly Salary (USD) |
| Technical Engineer | 2,560 | 3,286 |
| Developers/ Programmers | 3,260 | 4,185 |
| Data Analyst | 2,860 | 3,671 |
| UX Designer | 2,730 | 3,504 |
| Project Manager | 3,680 | 4,723 |
| Sales Representative | 2,060 | 2,644 |
| Accounting and Finance | 3,510 | 4,505 |
Talent Sourcing Tips
Jobmanji; RecruitGibraltar; SRGEurope
28,100
Onboarding employees from Gibraltar will require employers to keenly observe the country’s labor laws and regulations. The following section will cover some information that businesses must consider when taking in local employees.
Contracts in Gibraltar follow a similar structure to that of the United Kingdom. They must be in writing using the English language.
New employees in Gibraltar are given up to 3 weeks of probation period.
| Date | Name | Type |
| 1 Jan | New Year’s Day | Public Holiday |
| 19 Feb | Winter Midterm Bank Holiday | Public Holiday |
| 29 Mar | Good Friday | Public Holiday |
| 31 Mar | Easter Sunday | Major Observance |
| 1 Apr | Easter Monday | Public Holiday |
| 28 Apr | Workers’ Memorial Day | Public Holiday |
| 1 May | May Day | Public Holiday |
| 27 May | Spring Bank Holiday | Public Holiday |
| 17 Jun | King’s Birthday Holiday | Public Holiday |
| 26 Aug | Late Summer Bank Holiday | Public Holiday |
| 10 Sep | Gibraltar Day | Public Holiday |
| 24 Dec | Christmas Eve | Major Observance |
| 25 Dec | Christmas Day | Public Holiday |
| 26 Dec | Boxing Day | Public Holiday |
| 31 Dec | New Year’s Eve | Major Observance |
| Type of Leave | Time Period | Mandatory |
| Annual Leave | 15 days | Yes |
| Sick Leave | 2 to 4 weeks | Yes |
| Maternity Leave | 14 weeks | Yes |
Payroll
Payroll Cycle
Most businesses in Gibraltar pay their employees either weekly or monthly.
Minimum Wage
The minimum wage in Gibraltar is 8.10 GIB.
Overtime Pay
| Day of Overtime | Overtime Pay |
| Saturdays and Weekdays | 150% |
| Public Holidays and Sundays | 200% (with the exception of retail workers working in Sundays) |
| Christmas Day and New Year’s Eve | 200% and over |
Bonus
A 13th month pay is not compulsory in Gibraltar.
Gibraltar employees are entitled to the following benefits under a social security scheme:
Taxes
| Category | Rate |
| Social Security | 20% |
| Category | Rate |
| Social Security | 10% |
Employees in Gibraltar have two options if they have an income of up to GBP 25,000:
| Taxable income | Rate of tax |
| First GIP 10,000 | 6 % |
| Next GIP 7,000 | 20 % |
| Balance | 28 % |
| Taxable income | Rate of tax |
| First GIP 4,000 | 14 % |
| Next GIP 12,000 | 17 % |
| Balance | 39 % |
| Taxable income | Rate of tax |
| First GIP 17,000 | 16 % |
| Next GIP 8,000 | 19 % |
| Next GIP 15,000 | 25 % |
| Next GIP 65,000 | 28 % |
| Next GIP 395,000 | 25 % |
| Next GIP 200,000 | 18 % |
| Balance | 5 % |
There is no VAT in Gibraltar.
Offboarding & Termination
When terminating an employee in Gibraltar, an employer must give a notice of termination, seven days prior to dismissal date. Failing to do so might result in a fine amounting to GIP 750.
Employees that are dismissed on grounds of misconduct have the right to appeal their case to their employers. An employer’s obligation is to inform the employee of the allegations and conduct a proper investigation on the matter. A disciplinary hearing might also be necessary in the process.
The notice period will depend on whether the employee is under probation or not. One month’s notice is required for regular employees. For employees under probation, a one week notice is expected.
Employees with a fixed-term contract that are dismissed before their contract expires are entitled to 50% of the salary that would have accrue if the employee follows their end of contract.
Visa and Immigration
Expats in Gibraltar are either non-entitled workers or entitled workers. Below are the distinction between the two and the documents they need to provide when working in Gibraltar:
| Type of worker | Definition | Conditions |
| Entitled Worker | – nationals from European Economic Area (EEA)- non EEA nationals that have been working in Gibraltar since before July 1, 1993- non EEA national that are authorized to work in the country under the Immigration Control Act | – Allowed to stay in the country for 3 months, during which, the foreign national may be allowed to look for employment in Gibraltar. If they are able to seek a job position, they can apply for a residence permit that is valid for 12 months and can be renewed for 5 years. |
| Non-Entitled Worker | – non EEA nationals that do not fall under any exceptions stated above | – a work permit must be secured. This document can be renewed. |
