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Expand your global workforce in Guyana

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

Capital

Georgetown

Currency

Guyanese Dollar (GYD)

Languages

English, Guyanese Creole

GDP per Capita

$17,044.79

Employer Tax

8.4%

Payroll Frequency

Monthly

Talent overview

Guyana has one of the fastest-growing economies in the world, with a GDP growth of 43.5% from 2019 to 2020 due to a recently discovered offshore oil field 120 miles from Georgetown. Guyana’s main focal points of industry are bauxite, sugar, rice milling, timber, textiles, gold mining, and oil making up 30.7% of its total GDP.

Major economic hubs:

Georgetown, Linden

Skills in demand:

Mining Professionals, Oil Refinery Professionals, Education professionals, ICT Professionals

Top local universities in Guyana

Uni2 61

Texila American University

Ranking

Local: 1

World: 6667

Uni1 72

University of Guyana

Ranking

Local: 2

World: 6971

Uni3 52

Lincoln American University

Ranking

Local: 3

World: 10894

Uni4 50

American International School of Medicine

Ranking

Local:

World: 11869

Uni5 46

GreenHeart Medical University

Ranking

Local: 5

World: 12523

Top Local Job Boards

Excel Jobsgy, Guyana Worx, Jobs Micro

Number of LinkedIn users

105,800

Top Recruitment Agencies

Airswift, Excel Guyana

Where to find talent

Top Local Job Boards:

Number of LinkedIn users:

Top Recruitment Agencies:

Salary Data

Some common jobs in Guyana with average monthly salaries are as follows:

Job Title Average Monthly Salary (GYD) Average Monthly Salary (USD)
Information Technology Manager 287,000.00 1374.21
Network Engineer 142,000.00 679.92
Developer / Programmer 161,000.00 770.90
General Manager 293,000.00 1402.94
Database Administrator 158,000.00 756.53
Chief Financial Officer 331,000.00 1584.89
Sales Manager 297,000.00 1422.09

Employ in Guyana

Employing in Guyana

Hiring in Guyana requires you to know the local employment laws, benefits, payroll, and taxes. Below is everything you need to know to successfully onboard Guyana talents.

Employee Contract

Contracts in Guyana can either be written or oral between the employer and employee. However, written contracts are advisable and practiced for better agreement between both parties. Contracts must be written in English.

Probation Period

The probationary period for employees is up to 3 months.

Public and Provincial Holidays 2023

Date Name Type
2 Jan New Year’s Day Holiday Public Holiday
23 Feb Mashramani (Republic Day) Public Holiday
7 Mar Phagwah (Holi) Public Holiday
7 Apr Good Friday Public Holiday
10 Apr Easter Monday Public Holiday
1 May Labor Day / May Day Public Holiday
5 May Arrival Day Public Holiday
26 May Independence Day Public Holiday
28 Jun Eid al-Adha (Tentative Date) Public Holiday
3 Jul CARICOM Day Public Holiday
1 Aug Emancipation Day Public Holiday
27 Sep Youman-Nabi (Mawlid) (Tentative Date) Public Holiday
12 Nov Deepavali Public Holiday
25 Dec Christmas Day Public Holiday
26 Dec Boxing Day Public Holiday

Employee Leaves

Type of leave Time period Mandatory
Maternity Leave 13 weeks Yes
  • Annual leaves are earned and are equal to 1 day for every 20 days worked for daily paid workers. For hourly paid workers, the annual leave is equal to one day for every 160 hours worked.
  • Sick leave is not mandatory in Guyana. However, employees are entitled to both certified and uncertified sick leave.

Leave Compliance

Payroll in

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Payroll cycle

Workers are paid on a monthly basis in Guyana.

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Minimum wage

The minimum wage in Guyana is GYD 60,147 per month.

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Overtime pay

The standard working hours in Guyana are 8 hours a day. The overtime pay in Guyana is 1.5 times the regular rate of pay while employees at work-sites such as a factory are paid a premium for all hours worked on a Sunday or Holiday.

How taxes work

Employer Payroll Tax

Type of Contribution Contribution
National Insurance Scheme 8.40%

Employee Payroll Tax

Type of Contribution Contribution
National Insurance Scheme 5.60%

Employee Income Tax

Residents in Guyana (present in the country for at least 183 days in the calendar year) benefit from a personal allowance of GYD 780,000.00 or ⅓ of their income per annum, whichever is greater.

Tax Bracket (GYD) Rate (%)
Less than 1,560,000.00 28
More than 1,560,000.00 40

VAT

VAT in Guyana is 0% for foods, export services and certain medical supplies, and 14% for others.

Bonus

13th Month Pay

The 13th-month pay is not mandatory in Guyana, but it is customary for employees to provide it.

Employee Benefits

  • Maternity Benefit
  • Old age pension
  • Old age pension
  • Old-age grant
  • Disability pension
  • Disability grant
  • Disability public assistance
  • Survivor pension
  • Survivor grant
  • Funeral grant
  • Permanent disability benefits

Employee offboarding

Termination in Guyana for a contract of employer for an unspecified time can be terminated any time if there is mutual consent of both parties, redundancy or a notice is given to serve for another party. Termination must be good for sufficient cause to avoid unfair dismissal.

The notice period before termination for probationary and regular employees ranges from two (2) weeks to one (1) month.

An employee in Guyana who has completed one or more years of employment with an employer is entitled to a severance pay equivalent to:

  • One (1) week’s wage for each year of services for the first five years
  • Two (2) weeks’ wages for each year after the fifth to the tenth year
  • Three (3) week’s wages for each year after ten (10) years of employment (up to a maximum of fifty-two (52) weeks of wages)
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Visa and
immigration

Business visas in Guyana are issued for a maximum of 1 year, applicable for multiple entries (€130). Visas are non-refundable. To apply for a business visa, you need the following documents:

  • Two completed application forms
  • Two passport-sized photos
  • Passport (with at least 6 months of validity)
  • Travel Itinerary
  • Proof of accommodation in Guyana (confirmed reservation or address for stay)
  • Proof of financial means of support (bank statement, job letter, pay slip)
  • Letter of Support from sponsor or overseas company
  • Letter of Invitation from host or recipient company
  • Business Registration and TIN Certificat of the host or recipient company

The application process can take five working days but can vary depending on each case.

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