Discover global hiring strategies from leading recruitment platforms

Learn more

Speed up your global expansion! Expand smartly in 150+ countries with the #1 rated EOR globally.

Explore Multiplier EOR

Book a demo

loading-animtion.gif

Expand your global workforce in Gibraltar

Your guide to the employment landscape, working customs and local labor laws in Gibraltar.

Capital

Gibraltar

Currency

Gibraltar pound (GIP)

Languages

English

GDP per Capita

$92,843

Employer Tax

20%

Payroll Frequency

Weekly or Monthly

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

Top local universities in Gibraltar

Uni1 21

University of Gibral tar

Ranking:

Local: 1

World: 5,377

Top Local Job Boards:

Jobmanji; RecruitGibraltar; SRGEurope

Number of LinkedIn users:

28,100

Top Recruitment Agencies:

CareerFinders; Zestrill

Where to find talent

Top Local Job Boards:

Number of LinkedIn users:

Top Recruitment Agencies:

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

Employ in Gibraltar

Employing in Gibraltar

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.

Employee Contract

Contracts in Gibraltar follow a similar structure to that of the United Kingdom. They must be in writing using the English language.

Probation Period

New employees in Gibraltar are given up to 3 weeks of probation period.

Public and Provincial Holidays

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

Employee Leaves

Type of Leave Time Period Mandatory
Annual Leave 15 days Yes
Sick Leave 2 to 4 weeks Yes
Maternity Leave 14 weeks Yes

Leave Compliance

Payroll in

Tw Payroll Img1

Payroll cycle

Most businesses in Gibraltar pay their employees either weekly or monthly.

Tw Payroll Img2

Minimum wage

The minimum wage in Gibraltar is 8.10 GIB.

Tw Payroll Img3

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

 

How taxes work

Employer Payroll Tax

Category Rate
Social Security 20%

Employee Payroll Tax

Category Rate
Social Security 10%

Employee Income Tax

Employees in Gibraltar have two options if they have an income of up to GBP 25,000:

Gross Income Based System (GIBS)

Taxable income Rate of tax
First GIP 10,000 6 %
Next GIP 7,000 20 %
Balance 28 %

Allowance Based System

Taxable income Rate of tax
First GIP 4,000 14 %
Next GIP 12,000 17 %
Balance 39 %

For income above GIP 25,000, below are the rates:

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 %

VAT

There is no VAT in Gibraltar.

Bonus

13th Month Pay

A 13th month pay is not compulsory in Gibraltar.

Employee Benefits

Gibraltar employees are entitled to the following benefits under a social security scheme:

  • Death Grant
  • Industrial Accident – Disablement Benefit
  • Guardian’s Allowance
  • Industrial Accident or Disease Benefit
  • Injury Benefit
  • Maternity Allowance and Grant
  • Old Age Pension
  • Unemployment Benefit
  • Survivor’s Benefit

Employee offboarding

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. 

Tw Visa Img

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.

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.

Expand into150+ countries