Job candidates in the Kyrgyz Republic, commonly known as Kyrgyzstan, are likely considering many different factors when applying for open roles, but compensation and benefits are usually top priorities, regardless of location.
As a company, you need to meet the Kyrgyz Republic’s compensation laws and provide the statutory minimums to ensure compliance. However, it’s hard to focus on benefits and compensation when you’re also trying to hire employees, add them to your payroll, and run your company’. Here are a few things you should know about compensation and benefits in the Kyrgyz Republic.
Kyrgyzstan compensation laws
The Kyrgyz Republic’s minimum wage as of januari 2024 is KGS 12,234 per month. The Kyrgyz Republic’s compensation laws require companies to pay employees in cash instead of using a promissory note, debt instrument, ration card, or other money substitutes.
Keep in mind that your employment contract needs to meet the minimum requirements, whether those come from Kyrgyzstan labor laws or a Collective Bargaining Agreement (CBA). Hoewel collectieve arbeidsovereenkomsten niet erg gebruikelijk zijn in het land, moet u nog steeds zien of uw sector er een heeft, omdat het afzonderlijke wetten kan beschrijven.
Guaranteed benefits in Kyrgyzstan
Employees in the Kyrgyz Republic celebrate 11 national holidays, during which they are entitled to time off. Companies should also provide 4 weeks of paid annual leave that employees can take all at once or 2 weeks at a time. Your Kyrgyz Republic benefits management plan should include paid sick leave, but the amount is up to every company to determine.
Zwangerschapsverlof is een andere belangrijke wettelijke uitkering. Expecting employees should get 136 calendar days of maternity leave — 70 before the birth and 56 after the birth. The state social insurance pays for this leave instead of the employer but expecting employees may also be eligible for unpaid maternity leave until a child reaches 18 months old.
Kyrgyzstan benefits management
Een van de beste manieren om werknemers te laten zien dat u hen waardeert, is door aanvullende secundaire arbeidsvoorwaarden te bieden als onderdeel van uw beheerplan voor secundaire arbeidsvoorwaarden in Kirgizië. Overweeg het uitdelen van prestatiebonussen of een 13e-maandbonus en neem de voorwaarden op in een arbeidsovereenkomst.
The Kyrgyz Republic provides free, primary healthcare to all citizens, but you can offer supplemental health insurance through a private plan or provide a stipend for employees to find their own.
Beperkingen voor secundaire arbeidsvoorwaarden en vergoedingen
In order to distribute compensation and benefits, companies must first establish a subsidiary. You’ll need a registered entity in the Kyrgyz Republic to legally provide benefits and compensation for employees unless you work with an EOR like G-P. With us, you won’t have to worry about setting up an entity. We streamline payroll, manage benefits, and assure compliance, so you can expand quickly and confidently in the Kyrgyz Republic.
Werk samen met G-P om je personeel overal op te bouwen.
Als uw partner in wereldwijde expansie zal G-P de salarisadministratie en naleving afhandelen, zodat u zich kunt concentreren op de groei van uw team en het opschalen van uw bedrijf. Het toonaangevende Global Employment Platform wordt aangedreven door het eerste volledig aanpasbare pakket van wereldwijde werkgelegenheidsproducten en wordt ondersteund door het grootste team van HR- en juridische experts in de sector om het salarisadministratiebeheer te stroomlijnen en je te helpen concurrerende, conforme lokale secundaire arbeidsvoorwaarden te bieden.
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