The coastal country of Western Africa, Republic of Guinea, has an economy dependent on agriculture and mineral resources. The country is the second largest producer of Bauxite in the world. Almost 75% of the population is engaged in agriculture. The GDP of the country is expected to reach 18 billion USD by the end of 2022. The country has an economic freedom score of 54.2, making it the 129th freest economy.
Conakry, Nzérékoré, Kankan
Accountant, Mining related jobs, Human Resource Management
The top local university in Guinea is as follows:
Local: 1
World: 10,700
Some of the popular jobs and their monthly salaries are listed below:
Job title | Average Monthly Salary (GNF) | Average Monthly Salary (USD) |
Business development manager | 10,600,000 | 1,233 |
Financial analyst | 8,780,000 | 1,021 |
Office manager | 5,890,000 | 685 |
Accountant | 4,450,000 | 520 |
Secretary | 2,940,000 | 340 |
Top Local Job Boards:
180,000
The employment laws in Guinea are governed by many laws including Amended Labor Code of Republic of Guinea 1991, Labor Code of Republic of Guinea 2014, Social security code 1994, and other conventions. Read forward to gather information on the regulations on working conditions in the country.
It is mandatory to have a written contract of employment in the local language, which is French.
The usual probationary period followed in Guinea is from 30 days to three months.
Date | Name | Type |
1 Jan | New Year’s Day | Public Holiday |
3 Apr | Second Republic Day | Public Holiday |
10 Apr | Easter Monday | Public Holiday |
17 Apr | Lailat al-Qadr | Public Holiday |
22 Apr | Eid al-Fitr (Tentative Date) | Public Holiday |
1 May | Labour Day | Public Holiday |
25 May | Africa Day | Public Holiday |
29 Jun | Eid al-Adha (Tentative Date) | Public Holiday |
15 Aug | Assumption of Mary | Public Holiday |
27 Sep | The Prophet’s Birthday (Tentative Date) | Public Holiday |
2 Oct | Independence Day | Public Holiday |
1 Nov | All Saints’ Day | Public Holiday |
25 Dec | Christmas Day | Public Holiday |
Type of Leave | TimePeriod | Mandatory |
Annual Leave | 30 days | Yes |
Sick Leave | Up to 6 months | Yes |
Maternity Leave | 14 weeks | Yes |
Guinea follows a monthly payroll cycle.
Guinea follows a statutory minimum wage of GNF 550,00
According to the Labor Code of the Republic of Guinea, the extra hours of work beyond the regular 40 hours a week is considered overtime. The working hours, including overtime, is limited to 10 hours a day and 48 hours a week. The weekly overtime pay is as follows:
The 13th month pay is not mandatory in Guinea.
Tax item | Tax contribution |
Social security (from annual salary) | 18% |
Tax item | Tax contribution |
Social security (from annual salary) | 5% |
Guinea follows a personal income tax rate of 40%.
VAT is followed at a standard rate of 18%.
Except in case of serious misconduct, employees are entitled to at least a 5-day notice stating reasons for dismissal, followed by an interview. Fixed term employees are terminated at the end of the contract period, while infinite term employees’ termination can be initiated by either party.
The notice period for permanent and probationary employees is 5 days.
Employees with a service period of at least 1 year are entitled to severance pay of:
To work long term in Guinea, foreign employees need a long term visa. The necessary documents are: