Definitive Guide to Hiring in Turks and Caicos Islands

Hiring in Turks and Caicos Islands

Hiring employees compliantly in Turks and Caicos Islands means doing it yourself or using an Employer of Record like Global Expansion. You should be careful using independent contractor agreements in Turks and Caicos Islands so that you don’t run afoul of employment laws. To hire an employee compliantly and offer them mandatory benefits and compliant agreements, you can:

(a) Establish your own new legal entity, banking, accounting and payroll service in Turks and Caicos Islands; or

(b) use an Employer of Record like Global Expansion who can handle all of the details for you.

Labor Laws in Turks and Caicos Islands

Employee Probation Period

Annual Leave in Turks and Caicos Islands

• Every employee shall be entitled to 2 weeks of paid annual leave for each completed year of employment

Holidays in Turks and Caicos Islands

Maternity Leave Turks and Caicos Islands

Paternity Leave Turks and Caicos Islands

Sick Leave in Turks and Caicos Islands

• An employee shall be entitled to sick leave with pay on work days, during which he/she is unable to perform work due to illness
• An employee shall receive pay for the first 12 days of sick leave during any period of 12 consecutive months

Working Hours in Turks and Caicos Islands

Overtime in Turks and Caicos Islands

• An employee is paid double the rate for overtime work on public holidays
• An employee is paid at the rate of 1 and a half for overtime work on any other day

Termination of Employment in Turks and Caicos Islands

• An employer is entitled to dismiss summarily without notice or payment of any redundancy or severance payment or terminal benefits to an employee who is guilty of serious misconduct, based on the operational requirement of the enterprise, of such a nature that it would be unreasonable to require the employer to continue the employer relationship
• An employee is entitled to terminate the contract of employment without notice or with less notice than that to which the employer is entitled by any statutory provision or contractual term, where the employer’s conduct has made it unreasonable to expect the employee to continue the employment relationship

• Where a valid reason for termination exists, a contract for an unspecified period of time, shall be terminated by the employer upon giving the following minimum periods of notice in writing
  • One working day where the employee has been employed by the employer for less than one month
  • Two weeks where the employee has been employed by the employer for one month or more, but less than a year
  • One month where the employee has been employed by the employer for one year or more, but less than five years
  • Two months where the employee has been employed by the employer for five years or more
• Where an employee who has been continuously employed for two years by the same or associated employer
  • Is dismissed by his employer by reason of redundancy; or
  • Is laid off or kept on short time
• Then, subject to the following provisions of the labor code, the employer shall be liable to pay him severance pay
• Severance pay shall be paid at the rate of two-week basic wage for each year of service, and pro-rate for each incomplete year

Notice Period in Turks and Caicos Islands

• Where a valid reason for termination exists, a contract for an unspecified period of time, shall be terminated by the employer upon giving the following minimum periods of notice in writing
  • One working day where the employee has been employed by the employer for less than one month
  • Two weeks where the employee has been employed by the employer for one month or more, but less than a year
  • One month where the employee has been employed by the employer for one year or more, but less than five years
  • Two months where the employee has been employed by the employer for five years or more

Severance in Turks and Caicos Islands

• Where an employee who has been continuously employed for two years by the same or associated employer
  • Is dismissed by his employer by reason of redundancy; or
  • Is laid off or kept on short time
• Then, subject to the following provisions of the labor code, the employer shall be liable to pay him severance pay
• Severance pay shall be paid at the rate of two-week basic wage for each year of service, and pro-rate for each incomplete year

Turks and Caicos Islands Salary and Wages

• For individuals, the direct forms of taxation are mandatory contributions to National Insurance (NI) and the National Health Insurance Plan (NHIP). 
• Both National Insurance (NI) and the National Health Insurance Plan (NHIP) are independent of general government revenue and are meant to be self-sustaining. 
• Similar to Social Security in the United States, National Insurance (NI) is a social insurance program which provides death, disablement, injury, maternity, sickness, survivor, and retirement benefits to eligible contributors.
• For employees, contributions are based on a person’s wages, including certain other benefits in included with a job (such as housing allowance).

Immigration Turks and Caicos Islands

Learn about immigration requirements in Turks and Caicos Islands

Mandatory Benefits in Turks and Caicos Islands

• These are mandatory benefits as postulated by law
• These include probationary period, annual leave, public holidays, sick leave, maternity leave, overtime pay, notice period, and severance pay
• Statutory benefits also include social security benefits

Payroll Accrual in Turks and Caicos Islands

Payroll Accruals Additional Information

Accrued Benefits in Turks and Caicos Islands

Why use Global Expansion to hire in Turks and Caicos Islands

Establishing a branch office or subsidiary in Turks and Caicos Islands can be time-consuming, expensive and complex. With such a robust labor market in place, one must pay great attention to detail when structuring employment because Turks and Caicos Islands labor laws are complex.

The company also has a responsibility to comply with specific employment practices dictated by Turks and Caicos Islands law to maintain its good standing as an equal opportunity employer.

Global Expansion makes it easy for you to expand into Turks and Caicos Islands. We'll help you hire your candidate of choice, handle HR matters and payroll, and ensure that you comply with local laws without the burden of setting up a foreign branch office or subsidiary. In addition, you'll have complete control and direction over your employees.

We enable you to stay in control of everything. Our Turks and Caicos Islands Global Professional Employer Organization (PEO) and Employer of Record (EOR) solution provides you with peace of mind to focus on running your company and the security to enter new markets.