Marshall Islands is an archipelago located near the Equator in the Pacific Ocean. It is a part of the Micronesia island group and shares its boundaries with Kiribati, Wake islands, Nauru and Federated States of Micronesia. In 2021, the country recorded a GDP of USD 248 million with a contracted growth rate of 2.5%.
The below table mentions some of the job and average monthly salary in Marshall Islands:
No.
Job Title
Average Monthly Salary (USD)
1
Financial Controller
2,620 USD
2
General Manager
3,840 USD
3
Business Development Manager
3,640 USD
4
Financial Analyst
2,880 USD
5
Business Analyst
2,840 USD
6
Project Manager
2,650 USD
Employ in Marshall Islands
Employing in Marshall Islands
The Labor and Industrial Relations Act regulates the employment relationship between employers and non-resident employees in Marshall Islands. The following sections cover various aspects of the Act, which every employer and employee must comply with to legally work in the country.
Employee Contract:
The employment contract in Marshall islands must be in official language i.e., Marshallese or English.
Probation Period: All permanent employees in Marshall Islands must serve a probation of six months. The probation may be extended a further six months in the first year of employment.
Employers in Marshall Islands are not mandated to pay severance packages to terminated employees.
Visa and immigration
Work permit in Marshall Islands is of five types – Foreign investor, OSL (Occupational Shortages List) professionals, General, Family and Temporary. All the types have various demands which the applicant must fulfil.
The work permit application must be submitted to the Director of the Labour Division. After granting the permit, the Director requests the Immigration Division for a work visa.
Expand into 150+ countries
Expand globally and hire talent in 150+ countries without having to set up an entity. Use Multiplier's Employer of Record to manage the complete employee experience while having the flexibility to enter new markets.