Mali is the eighth largest country in the African continent and has an economic freedom score of 55.9. Therefore making the economy of the country 114th freest in 2022. Mali has seen progressive growth in the GDP per capita of the country since 2022, mainly with mining and agricultural exports. Out of 47 countries in the Sub-Saharan Africa region, Mali ranks 18th.
Bamako, Sikasso, Kalabankoro, Koutiala
Developer, Software Engineer, IT professionals
The list of top Universities in Mali are:
Local: 1
World: 7711
Local: 2
World: 11874
Local: 3
World: 12011
Local: 4
World: 12595
Local: 5
World: 12702
The average monthly salary of some jobs available in Mali are as follows:
Job Title | Average Monthly Salary (XOF) | Average Monthly Salary (USD) |
Financial Manager | 643,000 XOF | 1052 USD |
General Manager | 596,000 XOF | 975 USD |
Business Development Manager | 534,000 XOF | 874 USD |
Business Analyst | 432,000 XOF | 707 USD |
Financial Analyst | 411,000 XOF | 672 USD |
Project Manager | 368,000 XOF | 602 USD |
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283,700
Employers must know about the employment laws, benefits, deductions, and benefits to be provided to the employee before hiring. This section contains all the information mentioned above.
The language of the employment contract must be in French or any other language both the employee and employer can understand.
The probation period is 0 to 6 months in Mali.
Date | Name | Type |
1 Jan | New Year | Public Holiday |
20 Jan | Army Day | Public Holiday |
26 Mar | Martyrs’ Day | Public Holiday |
10 Apr | Easter Monday | Public Holiday |
22 Apr | Eid al-Fitr (Tentative Date) | Public Holiday |
1 May | Workers’ Day | Public Holiday |
25 May | Africa Day | Public Holiday |
29 Jun | Eid al-Adha (Tentative Date) | Public Holiday |
28 Jul | Ashura Holiday (Tentative Date) | Public Holiday |
22 Sep | Independence Day | Public Holiday |
27 Sep | The Prophet’s Birthday (Tentative Date) | Public Holiday |
5 Oct | Baptism of the Prophet (Tentative Date) | Public Holiday |
25 Dec | Christmas Day | Public Holiday |
Type Of Leave | Number of Days | Mandatory |
Annual Leaves | 2.5 days of leave for every working month | Yes |
Sick Leaves | Based on requirement | Yes |
Maternity Leaves* | 98 days | Yes |
*Note: The maternity leave is unpaid.
The payroll cycle in Mali is Monthly.
In Mali, the minimum wage is 40,000 XOF.
There is no statutory law for 13th-month pay in Mali.
Type of Contribution | Contribution |
INPS (Institut Nationale de Prévoyance Sociale) – Malian Social Security agency | 19.9% |
Type of Contribution | Contribution |
INPS (Institut Nationale de Prévoyance Sociale) – Malian Social Security agency | 19.9% |
Annual Taxable Income | Tax rate |
From 0 – 175,000 XOF | 0 |
From 175,001 XOF to 600,000 XOF | 5% |
From 600,001 XOF to 1,200,000 XOF | 13% |
From 1,200,001 XOF to 1,800,000 XOF | 20% |
From 1,800,001 XOF to 2,400,000 XOF | 28% |
From 2,400,001 XOF to 3,500,000 XOF | 34% |
Above 3,500,001 XOF | 40% |
In Mali, the standard rate of VAT is 18%.
In Mali, there are strict laws and regulations against unfair dismissal. The employment contract can be terminated only based on irregularities or misconduct. However, in case of dismissal after one year of service, the employer must provide notice and severance pay to the employee.
The notice period in Mali is 7 days to 3 months.
In Mali, the severance is only payable after one year of service. However, there will be no severance pay if the dismissal is due to gross negligence on the employee’s part. The severance pay is calculated as follows;
An individual requires a business visa or work permit to work in Mali. However, to apply for a work visa in Mali, the individual must have a passport issued over six months. Also, it is essential to submit the employment contract with all personal documents.