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
$8,666.40
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 universities of St. Vincent and Grenadines are mentioned below:
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:
Number of Linkedin users
27,730
Top Recruitment Agencies:
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
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.
