Employer of Record in Georgia
The country of Georgia boasts a skilled workforce and remains an untapped market for many businesses. While there is an unprecedented demand for competent professionals, hiring the best talent in the country of Georgia can be challenging. And this is where you can choose an EOR solution to overcome those challenges. This blog will guide you in finding and hiring the top talent in the country of Georgia, ensuring they can propel your company to success. After reading this blog, you will also know how you can leverage Global Squirrels’ Employer of Record solutions.
Key things to note when you hire in the country of Georgia
1. No mandatory social security contributions
There are no social security contributions required from employers, which reduces the overall cost of hiring. However, there is a mandatory pension scheme funded by employers and employees.
2. Low labor costs
The cost of labor in Georgia is relatively low compared to many Western countries, making it an attractive destination for businesses looking to minimize operational costs.
3. Time zone alignment
The optimum time zone for global operations is the Georgia Standard Time (GET) region, which offers a reasonable overlap with commercial enterprise hours in the UK and Europe.
4. Maternity leave entitlements
Female employees are entitled to six calendar months of maternity leave. In cases of multiple births or complicated pregnancies, this extends to 200 calendar days of full compensation.
What laws are to be aware of when hiring in the country of Georgia?
Georgia Labor Code
The foundational text outlining the rights and obligations of employers and employees in the country of Georgia is the Labor Code. It addresses topics including working conditions, termination, pay and benefits, and employment contracts.
Minimum salary
There is no official minimum wage in the country of Georgia. Nonetheless, the minimum wage in the private sector is GEL 20, whereas it is GEL 115 in the public sector.
Hours of work and overtime
In Georgia, a workweek typically consists of 40 hours. If a non-exempt employee works more than 40 hours in a workweek, their employer is required to pay overtime at a rate that is 1.5 times more than their usual pay rate.
Salary insights for hiring talent in the country of Georgia
| Talent type | Average annual salary | Average rate per month | ||
| in GEL | in USD | in GEL | in USD | |
| Cyber security analyst | 96,000 | 35,888.98 | 8,000 | 2,990.75 |
| Project manager | 72,000 | 26,916.73 | 6,000 | 2,243.06 |
| Software engineer | 84,000 | 31,402.85 | 7,000 | 2,616.90 |
| Architect | 36,000 | 13,458.37 | 3,000 | 1,121.53 |
| Social Media Manager | 24,000 | 8,972.24 | 12,000 | 4,486.12 |
| Content Specialist | 12,000 | 4,486.12 | 6,000 | 2,243.06 |
What are the payroll policies?
Monthly payments
Salary payments must be made by employers at least once a month. The last working day of the month is the deadline for payments, which must be made on the same day of the month.
Late payments
If a company doesn’t pay an employee on time, they have to provide them an extra 0.07% of the amount that was supposed to be paid for each day that the payment was delayed.
Notice period
Both employees and employers must provide at least 30 days written notice before terminating an employment agreement.
Unused leave compensation
Upon termination, employees are entitled to payment for any unused leave, regardless of the reason for termination, unless it involves gross misconduct.
Challenges you could face when you hire in the country of Georgia
1. Administrative complexity
Hiring remotely in the country of Georgia could take weeks and can be complicated, especially for senior roles. This may discourage applicants and make it more difficult for firms to hire new employees.
2. Skills mismatch
There is a noticeable discrepancy between the abilities that job seekers possess and the abilities that companies require. Many jobless people have advanced degrees, yet because of this mismatch, they are still unable to obtain acceptable employment.
3. Untapped territory
Traditional hiring in the country of Georgia may not be effective in reaching untapped talent. Employers may rely on conventional methods that overlook diverse candidates, including those from underrepresented backgrounds—making this country untapped.
How can Global Squirrels an employer of record in the country of Georgia, help you hire talent?
An Employer of Record in Georgia simply refers to a company hiring a third party to legally act as the employer of the workers. Our platform offers Employer of Record in Georgia handles various employment-related tasks, including:
Payroll processing
Global Squirrels, as your Employer of Record in Georgia, will oversee employee payments, ensure that remuneration is correct and paid at the right time, and handle issues related to deductions and other employee benefits.
Tax compliance
Our software ensures compliance with local tax laws, including the determination, withholding, and payment of taxes as required by the government.
Benefits administration
Our platform will also manage human resources benefits, such as medical care, pensions, and any other incentives that may be given to employees.
Legal compliance
Our SaaS platform will handle compliance with all legislation and policies relating to employment and termination of employees, as well as occupational health and safety standards, among other things.
Onboarding and offboarding
The Global Squirrels platform manages the recruitment and onboarding of new employees, as well as offboarding employees—or the process of conducting exit interviews and resolving employee remuneration issues.
Human resources support
Our Employer of Record solution in Georgia will provide hands-on HR support, including maintaining employees’ records, solving disputes that may arise between employees, and handling performance issues.
Choose Global Squirrels as your Employer of Record in the country of Georgia
Global Squirrels offers Employer of Record solutions in Georgia that will help you hire and pay your employees seamlessly. Our staffing platform does this by managing the sourcing of candidates, payroll, benefits, compliance, onboarding procedures, and more.
As an Employer of Record in Georgia, we will ensure smooth operations as everything is handled in a single staffing platform. Unlike other staffing agencies and BPOs, no middleman is involved, and our platform works on a unique flat-fee pricing, allowing you to save huge on hiring costs! To begin using our EOR solution to hire in the country of Georgia, simply sign up on our platform, choose your hiring plan, and mention the job description for the role you want to hire for. Request a demo to experience our latest remote employee management functionalities.
