G-P provides employer of record services for customers that want to hire employees and run payroll without first establishing a branch office or subsidiary in the Bahamas. Your candidate is hired via G-P’ Bahamas EOR in accordance with local labor laws and can be onboarded in days instead of the months it typically takes. The individual is assigned to work on your team, working on your company’s behalf exactly as if he or she were your employee to fulfill your in-country requirements.

Thus, our solution enables customers to run payroll in the Bahamas while HR services, tax, and compliance management matters are lifted from their shoulders onto ours. As a Global EOR expert, we manage employment contract best practices, statutory and market norm benefits, and employee expenses, as well as severance and termination if required. We also keep you apprised of changes to local employment laws in the Bahamas.

Your new employee is productive sooner, has a better hiring experience and is 100% dedicated to your team. You’ll have peace of mind knowing you have a team of dedicated employment experts assisting with every hire. G-P allows you to harness the talent of the brightest people in more than 185 countries around the world, quickly and painlessly.

Hiring in the Bahamas

The Bahamas is located in the Caribbean and has a population of nearly 400,000. The capital city of the Bahamas is Nassau which has a population of approximately 275,000. International banking and investment management augment the economy, with more than 400 banking institutions from 36 countries.

When negotiating terms of an employment contract and offer letter with an employee in the Bahamas, it may be useful to keep the following in mind:

Employment Contracts in the Bahamas

In the Bahamas, employment contracts can be oral or written, but it is best practice to put a strong, written contract in place, in English, which spells out the terms of the employee’s compensation, benefits, and termination requirements. An offer letter and employment contract in the Bahamas should always state the salary and any compensation amounts in Bahamian dollars rather than a foreign currency. The employment contract template is part of the service with G-P; no need to draft a separate template if you use our employer of record services in the Bahamas.

Holidays in the Bahamas

  • New Year’s Day,
  • Majority Rule Day
  • Good Friday
  • Easter Monday
  • Whit Monday
  • Randol Fawkes Labour Day
  • Independence Day
  • Emancipation Day
  • National Heroes Day
  • Christmas Day
  • Boxing Day

Why G-P EOR for global hiring?

G-P EOR is the recognized leader in global employment, ranked No. 1 in every industry analyst report. G-P’s global employment platform delivers everything companies of all sizes need to manage the full employee lifecycle with its trusted Global HR Agent, G-P Gia, and AI-powered Employer of Record (EOR) and Contractor products. G-P supports teams in 180+ countries with more than a decade of global employment experience, the largest team of in-country HR, legal, and compliance experts, and its unmatched proprietary knowledge base.

G-P is also the preferred partner for leading HCM, PEO, and payroll platforms. Bring your workforce data together in one place to maintain existing workflows while guaranteeing consistent and accurate data across your integrated systems.

Request a proposal today to start hiring.