Trinidad & Tobago
Found some great remote talent you’d like to hire in Trinidad & Tobago? It’s a good thing you’re here. On this page, you’ll learn exactly what you need to know before making hires in Trinidad & Tobago: Legal obligations, risks, and the easiest path to hiring great talent overseas.
Country snapshot
CURRENCY
Trinidad and Tobago Dollar (TTD)
EMPLOYER TAXES
Unknown
PAYROLL FREQUENCY
Monthly
OFFICIAL LANGUAGE
English
It’s the fastest way to hire globally
Hiring employees takes months, at the minimum. When you hire with Thera's locally-generated contracts, it’s a matter of days or weeks. This means you can hire the best talent, fast, without losing them to a hellish procession of paperwork.
It’s a lot cheaper
It costs just $0 to sign up for Thera, then $25 per month to hire your contractors with Thera. If you hired employees manually (or did contracting on your own), you’d likely be on the hook for thousands of dollars each month. Setting up an entity alone can cost tens of thousands of dollars.
It’s more flexible for you & your team
Can be less risky than hiring employees
Hiring employees is a bigger commitment, and can open you up to increased liabilities and regulations. When you hire contractors overseas, your biggest risk is misclassification—but laws surrounding contractor classification are often significantly more straightforward.
Some people want to be employees
The contractor life isn’t for everyone—some people want the security that being an employee often appears to provide. Though it’s rare, this does happen, and it’s one disadvantage of manage an all-contractor team.
You might not have as much control over your talent
Most countries’ contractor-employer relationship laws stipulate that the employer can’t set fixed working hours, among other things. These laws give contractors more freedom over how and when they do their work than an employee would have. In reality, however, most contractors are willing & able to work on the company’s schedule—it’s a matter of setting expectations beforehand.
So you want to hire in Trinidad & Tobago. That means you’ll have to make a decision: Do you want to hire your new remote talent as employees, or do you want to hire them as contractors? Conventional wisdom might say employees, but hiring abroad is hardly conventional—below, we’ll cover what you need to know about your options.
Hire talent as contractors
Hire talent as employees
If you’ve read up until this point, you’ll know that it’s easier, cheaper, and more flexible to hire contractors in Trinidad & Tobago than employees. Still, there are valid reasons why you might want to hire employees instead. The content below is for you—we’ll cover employer taxes and obligations in Trinidad & Tobago.
Employer tax
Unknown
Paid Time Off (PTO)
Employees with at least 1 year of continuous service are entitled to 2 weeks of paid vacation.
Public Holidays
There are 13 public holidays. Employees are entitled to paid time off for each of them.
Sick Days
Employees are entitled to 14 days of sick leave.
Maternity Leave
Pregnant employees are entitled to 14 weeks of paid maternity leave. During the leave, the employer is responsible for paying the employee 1 month fully and 2 months at half pay.
Paternity Leave
There is no law that provides paternity leave.
Parental Leave
There is no law that provides parental leave.
Termination Process
To terminate an employee, an employer must provide sufficient reasons as well as the proper written notice.
Notice Period
The notice should be presented in writing at least 45 days before termination.
Severance Pay
Severance is not required unless an employee has been made redundant or retired.
In cases where severance is required:
- More than 1 year but less than 5 – 2 weeks’ pay for each year of service
- More than 5 years – 3 weeks’ pay for each year of service
Probation Period
The first 3 to 6 months are typically designated probationary periods.
Working Hours
A normal workday is 8 hours and a normal workweek is 40 hours.
Overtime
Overtime as any work in excess of 8 daily hours. For the first 4 hours of overtime, an employee is entitled to 150% of their normal hourly rate. Work performed after the first 4 hours of overtime is entitled to 200% of their normal rate. Any overtime after this is 300% of their normal rate.
Employees who work on public holidays and off days are entitled to be paid 200% of their normal wage.
%5B1%5D.avif)
Run your global workforce on autopilot with Thera
Book a demo to get started.