Andorra, the sixth smallest European country, shares its border with France and Spain. Though not a member of the European Union, Andorra uses the Euro currency for transactions. It is one of the countries with the highest life expectancy in the world.
Andorra la Vella, les Escaldes, Encamp
Administrative staff, Clerks, receptionists
The top local universities in Andorra are as follows:
World : 5392
The popular jobs and their monthly salaries in Andorra are listed below:
|Job Title||Average Monthly Salary (EUR)||Average Monthly Salary (USD)|
Andorra follows a monthly payroll cycle.
The national minimum wage in Andorra is 1286 EUR per month.
Andorra limits overtime to 2 hours a day, 15 hours in a week, 50 hours during one whole month, and a maximum of 426 hours a year. The compensation for the overtime is as follows: 25% extra for the first 4 hours, 50% for the next four, and 75% beyond these stipulated hours.
It is not mandatory to pay the 13th-month salary in Andorra.
Contribution to social security from the employer side is 15.5% of an employee’s gross monthly salary.
Contribution to social security from the employee side is 6.5% of one’s own gross monthly salary.
The general rate of tax followed is at a flat 10%.
Andorra follows a standard rate of 4.5%.
The circumstances under which an employment contract may be terminated include the following:
Notice period in Andorra will vary depending on the agreement between the employer and employee.
Employees terminated without a valid cause are entitled to severance pay based on the term of their employment.
|Employment term||Severance pay|
|Up to 5 years of service||2 months’ salary + 1 week’s pay for each completed year|
|Above 5 years and less than 15 years||3 months’ salary + 2 weeks’ pay for each completed year|
|Beyond 15 years of service||6 month’s salary + 3 weeks’ pay for each completed year|
The foreign employees need to go through some steps to stay and work in Andorra, which includes: