Payroll Cycle
Minumum Wage
Overtime Pay
Visa Immigration

Talent Wiki - Guam

Your quick guide on talent and labor compliance norms in Guam
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Capital
Hagåtña
Currency
United States Dollar
Languages
English, Chamorro
Payroll Frequency
Weekly, Semi-Monthly, Monthly
GDP per Capita
34,624.30 USD (2022)
Employer Tax
7.65%

Supplementary Guide for Employment and Expansion in Guam

Talent Overview

Guam’s economy relies heavily on the military expenditures of the United States and their tourism industry. Most of their food and industrial goods are imported that’s why they rely heavily on outside expenditures. Tourists, mainly from Japan and South Korea, bolster the economy of Guam’s pristine island.

Major Economic Hubs: 

Hagåtña

Skills in Demand:

Logistics Professionals, Customer Service Professionals, Medical Professionals, Legal Professionals, Marketing Professionals, Tourism Professionals

Local Universities

The top local universities in Guam, along with their world rankings, are added below:

University of Guam

RANKING

Guam : 1

World : 2827

Salary Data

Some of the common jobs and their monthly salaries in Guam are listed below:

No. Job Title Monthly Salary Average (in USD)
1 Business Analyst 1,620.00
2 Business Development Manager 2,020.00
3 Database Adminstrator 1,310.00
4 Information Technology Manager 2,100.00
5 Developer / Programmer 1,240.00
6 General Manager 2,330.00
7 Project Manager 1,560.00

Talent Sourcing Tips

Top Local Job Boards: 

GuamTemps, GuamJobsOnline

Number of LinkedIn users:

70,800

Top Recruitment Agencies:

None Available

Employing in Guam

Hiring employees in Guam is fairly straightforward when you have a strong grasp on its employment laws, benefits, payroll, and tax systems. Most of their policies reflect the United States Federal Government’s national labor laws but also have their own particular policies. You can better your knowledge for hiring and onboarding talents in Guam successfully.

Employee Contract

Employment contracts in Guam are required by law and must be in English and the language the other party is familiar with. Documentation is important in hiring employees in Guam and must be adhered to.

Public and Provincial Holidays

Date Name Type
1 Jan New Year Public Holiday
17 Jan Martin Luther King Jr. Day Public Holiday
7 Mar Guam History and Chamorro Heritage Day Public Holiday
30 May Memorial Day Public Holiday
4 Jul Independence Day Public Holiday
21 Jul Liberation Day Public Holiday
5 Sep Labor Day Public Holiday
2 Nov All Souls' Day Public Holiday
11 Nov Veterans Day Public Holiday
24 Nov Thanksgiving Public Holiday
8 Dec Santa Marian Kamalen Day Public Holiday
25 Dec Christmas Day Public Holiday
26 Dec Christmas Day observed Public Holiday

Payroll

Payroll Cycle:

The employees are paid on alternate payroll schedules (weekly, semi-monthly and monthly).

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Minimum Wage:

The minimum wage in Guam is USD 9.25 since September 1, 2022.

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Overtime Pay:

Overtime in Guam is considered after 40 hours of work in a week. The overtime pay is 150% of the standard rate.

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Health Examination Clause

Bonus

13th Month Pay: 

There is no provision for a 13th-month pay in Guam.

Employee Benefits: 

  • ~Life insurance
  • ~Medical and dental insurance
  • ~Retirement Plan
  • ~Pension
  • ~Sick Pay
  • ~Travel expense benefit
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Taxes

Payroll taxes depend on the choice whether the employee chooses the Defined Benefit Plan or Defined Contribution plan.

Employer Payroll Tax:

Type Rate
Defined Benefit Plan 6.2%
Medicare (for income below and above USD 200,000) 1.45%

Total

7.65%

Employee Payroll Tax:

Type Rate
Defined Benefit Plan 6.2%
Medicare (for income below USD 200,000) 1.45%
Medicare (for income above USD 200,000) 2.38%

Total (with medicare below USD 200,000)

7.65%

Total (with medicare above USD 200,000)

8.58%

Employee Income Tax: 

Algeria follows a progressive income tax structure for individual taxpayers.

Annual Taxable Income (USD) Income Tax Rates (%)
Up to 9,700 10
9,701 - 39,475 12
39,476 - 84,200 22
84,201 - 160,725 24
160,726 - 204,100 32
204,101 - 510,300 35
510,301 and above 37

VAT:

There is no VAT rate but considered as a General Sales Tax of 2%.

Offboarding & Termination

Termination Process

An employment contract can be terminated with just cause (including work quality), the company is closing down or the ending of the contract agreement. The notice period comes to an agreement between the employee and employer.

Notice Period

A notice of termination or resignation must be given 14 days before its effect.

Severance Pay

There is no severance pay in Guam.

Visa and Immigration

For United States citizens, a Visa is not required to enter Guam. Under the Guam-Commonwealth of the Northern Marianas Visa Program (Guam-CNMI VWP), no business visa is required for up to 45 days. After 45 days, visitors must apply using ESTA to extend their stay on the island.

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