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Talent Wiki – St. Vincent & Grenadines

Your quick guide on talent and labor compliance norms in St. Vincent & Grenadines

Capital

Kingstown

Currency

Eastern Caribbean dollar (XCD)

Languages

English

Payroll Frequency

Weekly/ Bi-Weekly/ Monthly

GDP per Capita

$8,430.36

Employer Tax

5.5%

Talent Overview

Saint Vincent and the Grenadines is located in the Southern Caribbean Sea surrounded by Saint Lucia and Grenada. It has a free economy and offers promising business opportunities for expanding businesses to its shores. Its economy is based on agriculture and tourism.

Major economic hubs:

Kingstown

Local Universities

The top local universities in St. Vincent & Grenadines are as follows:

Trinity School of Medicine TSOM

RANKING

Local: 1

World : 8956

American University of St. Vincent School of Medicine (AUS)

RANKING

Local: 2

World : 23070

Salary Data

The list below includes some of the common jobs of St. Vincent & Grenadines: 

Job Title Average Monthly Salary (XCD) Average Monthly Salary (USD)
Financial Manager 6,170  2283.03
General Manager 5,550 2053.62
Operations Manager 5,280 1953.71
Financial Analyst 4,060 1502.28
Business Analyst 4,230 1565.19
Project Manager 3,700  1369.08

Talent Sourcing Tips

Top Local Job Boards:

caribbeanjobs, we-xpats

Number of Linkedin users

27,730

Top Recruitment Agencies:

jobseekersinternational

Employing in St. Vincent & Grenadines

It is mandatory to follow employment laws for employers to hire employees in St. Vincent & Grenadines.

Employee Contract

St. Vincent & Grenadines labor laws mandate employers to have a written contract in English and should include all important information and terms and conditions.

Probation Period

The probation period can be a maximum of 6 months.

Public and Provincial Holidays 2023

Date Name Type
1 Jan New Year’s Day Public Holiday
2 Jan Day off for New Year’s Day Public Holiday
14 Mar National Heroes Day Public Holiday
7 Apr Good Friday Public Holiday
10 Apr Easter Monday Public Holiday
1 May National Workers Day Public Holiday
29 May Whit Monday Public Holiday
3 Jul Carnival Monday Public Holiday
4 Jul Carnival Tuesday Public Holiday
1 Aug Emancipation Day Public Holiday
27 Oct Independence Day Public Holiday
25 Dec Christmas Day Public Holiday
26 Dec Boxing Day Public Holiday

Employee Leaves

Type of Leave Time Period Mandatory
Annual Leaves 1-3 weeks Yes
Sick Leave 3 week (varies as per employment sector) Yes
Maternity Leave 4 Weeks (  Only after 2 years of service) Yes

Payroll

Payroll Cycle

Weekly/ Bi-Weekly/ Monthly

Minimum Wage

The minimum wage across various sectors, as given in the table below:

Overtime Pay

The employees are entitled to 1.5% of the normal hourly rate for working extra hours.

Bonus

13th Month Pay

There is no provision of 13th-month pay in St. Vincent & Grenadines.

Employee Benefits

  • Vacation Leave
  • Maternity Leave

Taxes

Employer Payroll Tax

Employer Contribution Rate
National Insurance Services 5.5%

Employee Payroll Tax

Employee Contribution Rate
National Insurance Services 4.5%

Employee Income Tax

Income range (in XCD) Rate
0-5000 10%
5001-10,000 20%
10,001 and above 30%

VAT

The standard VAT rate is 16%; reduced 0% and 11% for hotels.

Offboarding & Termination

Employers have to follow proper employment rules even during the termination of employment. They have to give notice before termination unless they have below reasons to termination:

  • Unsatisfactory performance
  • Any kind of misconduct in the workplace
  • Guilty of a criminal offense
  • Lack of qualification or skill required to perform the job

The notice period varies as per the type of employment and duration of employment.

For weekly employees

Length of continuous employment Notice period
Less than one year 1 week
One to three years 2 weeks
Three to six years 3 weeks
Above six years 4 weeks

For bi-weekly employees

Length of continuous employment Notice period
Less than 2 years 2 weeks
Two to six years 3 weeks
Above six years 4 weeks

 

Monthly employees need to give 4 weeks notice.

If employers want to terminate the employment contract due to redundancy or illness, they must give severance pay. This calculation is based on the number of years an employee worked with the company.

Length of continuous employment Severance Pay
Two to ten years 2 weeks of pay for each year
Eleven to twenty-five years 3 weeks of pay for each year
Above twenty-five years 4 weeks of pay for each year

Visa and Immigration

To work in St. Vincent and Grenadines, foreign nationals need to apply for work permits. Through an entry visa, you can get on arrival also. Non-national employees need to renew work permits annually.

Streamline payroll and compliance for your international workforce

Payroll

Minimum Wage

Sector Minimum Wage
Per Hour (in XCD) Per Day (in XCD) Per Month (in XCD)
Domestic 32 – 38 510 – 635
Farms 5 – 6 36 – 44
Hotels 38 225 – 1,140
Manufacturing 25 – 48 8
Professional Office 640 – 1,500
Restaurant & Bars 32 550 – 775
Security 36.25 870
Shops 600 – 800

Overtime Pay

Visa & Immigration