Myanmar PEO & Employer of RecordReading Time: 2 minutes
Globalization Partners provides employer of record services for clients that want to hire employees and run payroll without first establishing a branch office or subsidiary in Myanmar. Your candidate is hired via Globalization Partners’ Myanmar PEO 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.
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Our Global Employer of Record Platform™ and Global PEO service enables clients to run payroll in Myanmar while HR services, tax, and compliance management matters are lifted from their shoulders onto ours. As a Global PEO 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 Myanmar.
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. Globalization Partners allows you to harness the talent of the brightest people in 170 countries around the world, quickly and painlessly.
Overview of Myanmar
Myanmar is located in the Southeast Asia and has a population of 54.2 million. The capital city of Myanmar is Naypyidaw which has a population of 930,000.
Myanmar (or Burma as it was known then) was colonized by the British in 1824 and remained under their rule until the Second World War, when Japan invaded and it became a major battleground. Burma achieved independence in 1948. The country was later renamed as Myanmar after the suppression of an uprising in 1989.
When negotiating terms of an employment contract and offer letter with an employee in Myanmar, it may be useful to keep the following in mind:
Employment Contracts in Myanmar
In Myanmar, employment contracts can be oral or written, but it best practice to put a strong, written contract in place, in Burmese, which spells out the terms of the employee’s compensation, benefits, and termination requirements. An offer letter and employment contract in Myanmar should always state the salary and any compensation amounts in Burmese Kyat rather than a foreign currency. The employment contract template is part of the service with Globalization Partners; no need to draft a separate template if you use our employer of record and PEO service in Myanmar.
- Independence Day
- Union Day
- Peasants’ Day
- Armed Force’s Day
- Winter Festival
- Kayin New Year’s Day
- Labor Day
- Martyrs’ Day
- Christmas Day.
Why Globalization Partners
Establishing a branch office or subsidiary in Myanmar to engage a small team is time-consuming, expensive and complex. Myanmarian labor law has strong worker protections, requiring great attention to detail and an understanding of local best practices. Globalization Partners makes it painless and easy to expand into Myanmar. We can help you hire your candidate of choice, handle HR matters and payroll, and ensure that you’re in compliance with local laws, without the burden of setting up a foreign branch office or subsidiary. Our Myanmar PEO and Global Employer of Record Platform provides you peace of mind so that you can focus on running your business.
If you would like to discuss how Globalization Partners can provide a seamless employee leasing or PEO solution for hiring employees in Myanmar, please contact us.