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Talent Wiki – Seychelles

Your quick guide on talent and labor compliance norms in Seychelles

Capital

Victoria

Currency

Seychellois Rupee (SCR)

Languages

English, French, Seychellois

Payroll Frequency

Monthly

GDP per Capita

$17,117.03

Employer Tax

22%

Talent Overview

The Republic of Seychelles is an archipelago of 115 islands on the Indian Ocean. The country holds a freedom score of 61.1, thus ranking it the 79th freest country in 2022. Seychelles has moderately seen significant growth in the GDP per capita from 2021. The Republic of Seychelles ranks 5th out of 47 in the Sub-Saharan Region in economic development.

Major economic hubs:

Victoria, Anse Boileau, Beau Vallon, Takamaka

Skills in demand:

IT Professionals, Software engineers, and General managers

Map 20

Local Universities

The top local universities in Seychelles are as follows:

Uni1 44

University of Seychelles

RANKING

Local: 1

World : 9524

Salary Data

The average monthly salary of some jobs available in Seychelles are as follows:

Job Title Average Monthly Salary (SCR) Average Monthly Salary (USD)
Financial Manager 37,300 SCR 2917.43 USD
General Manager 33,500 SCR 2620.21 USD
Business Development Manager 28,100 SCR 2197.85 USD
Financial Analyst 23,100 SCR 1806.77 USD
Business Analyst 22,400 SCR 1752.02 USD
Project Manager 20,900 SCR 1634.70 USD
Talentsource 25

Talent Sourcing Tips

Top Local Job Boards:

Jobo, Jobisland, MillionMakers

Number of LinkedIn users:

36,930

Top Recruitment Agencies:

RisingMoon

Employing in Seychelles

While onboarding any individual from Seychelles, it is essential to know about the Labor laws, employment terms, deductions, and benefits. This section contains all the necessary information that employers can use.

Employee Contract

Employee Contracts in Seychelles have to be in any official language i,e, English, French, or Seychellois. Also, it can be in any other language that the employer and employee can understand.

Probation Period

The probation period is up to six months for newly hired employees.

Public and Provincial Holidays 2023

Date Name Type
1 Jan New Year Public Holiday
2 Jan New Year holiday Public Holiday
3 Jan Day off for New Year Public Holiday
7 Apr Good Friday Public Holiday
8 Apr Holy Saturday Public Holiday
10 Apr Easter Monday Public Holiday
1 May Labour Day Public Holiday
8 Jun Corpus Christi Public Holiday
18 Jun Constitution Day Public Holiday
19 Jun Day off for Constitution Day Public Holiday
29 Jun National Day Public Holiday
15 Aug Assumption of Mary Public Holiday
1 Nov All Saints’ Day Public Holiday
8 Dec Immaculate Conception Public Holiday
25 Dec Christmas Day Public Holiday

Employee Leaves

Type of Leave Time Period Mandatory
Annual/Earned Leave 21 days Yes
Sick Leave 21 days Yes
Maternity Leave 112 days Yes

Payroll

Payroll 1

Payroll Cycle

The payroll cycle in Seychelles is Monthly.

Payroll 2

Minimum Wage

The minimum wage in Seychelles is 44.10 SCR per hour for casual employees and 38.27 SCR for all other employees.

Payroll 3

Overtime Pay

Overtime pay above 60 hours is 150% of the basic wage; however, work done on holidays or rest days will increase to 300%.

Bonus

13th Month Pay

The 13th-month pay is compulsory in Seychelles.

Employee Benefits

  • Allowances and Bonus
  • Paid Leaves
  • Provision of Motor Vehicle
  • Food Allowances
  • Medical Treatments

Taxes

Employer Payroll Tax

Fund Contribution
Social Security Contribution 20%
Pension Fund 2%

Employee Payroll Tax

Fund Contribution
Social Security Contribution 2.5%
Pension Fund 2%

Employee Income Tax

For Seychelles residents

Annual Taxable Income Tax Rate
From 0 to 8,555.50 SCR 0%
From 8,555.51 to 10,000 SCR 15%
From 10,001 to 83,000 SCR 20%
Above 83,001 SCR 30%

VAT

The standard rate of VAT in Seychelles is 15%.

Offboarding & Termination

Both employer and employee can terminate the employment letter. If the employee had a fixed contract from the employer, the individual must provide a notice period. However, the employer can terminate the employment contract for reasons of redundancy.

The notice period in Seychelles is 14 days.

The severance pay in Seychelles is mostly the compensation for the notice period provided.

Visa and Immigration

To work in Seychelles, an individual must have a Gainful Occupation Permit (GOP), which allows working within the country. Either the employer or the employee can apply for the GOP. However, for any individual, an approval certificate from the Ministry of Employment, Immigration and Civil Status (MEICS) is required initially.

Visa 26
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Payroll

Minimum Wage

Overtime Pay

Visa & Immigration