Exclusive Webinar - Paying global teams: Strategic compensation and compliant payroll
Save your spot
Speed up your global expansion! Expand smartly in 150+ countries with the #1 rated EOR globally.
Explore Multiplier EOR
Your guide to the employment landscape, working customs and local labor laws in Trinidad and Tobago
Capital
Port of Spain
Currency
Trinidad and Tobago dollar (TTD)
Languages
English
GDP per Capita
$14,480.27
Employer Tax
Maximum 276.20 TTD
Payroll Frequency
Monthly
Trinidad and Tobago is a high-income island country in the Caribbean and is currently the 3rd wealthiest country in the region. Their economy is primarily industrial, as the island is known for its natural gas and oil reserves. The petroleum and petrochemical industries alone account for 37% of the country’s GDP.
Major economic hubs:
Port of Spain, Chaguanas, Saint Augustine
Skills in demand:
Local: 1
World : 1,700
Local: 2
World :5,699
Local: 3
World : 7,866
Local: 4
World : 8,505
Local: 5
World : 11,661
obsTT.com, Trinidad Job, JobIsland
485,500
Regency Trinidad, Caribbean Resourcing Solutions, Eve Anderson Recruitment Limited
Top Local Job Boards:
Top Local Job Boards
Number of LinkedIn users:
Number of LinkedIn users
Top Recruitment Agencies:
Some common jobs of Trinidad and Tobago with average monthly salary are mentioned below;
Job Title | Average Monthly Salary (in TTD) | Average Monthly Salary (in USD) |
Accountant | 10,100 | 1487.73 |
Software Engineer | 9,950 | 1465.63 |
Financial Analyst | 12,700 | 1870.71 |
Graphic Designer | 6,150 | 905.89 |
Project Manager | 11,700 | 1723.41 |
Sales Manager | 16,500 | 2430.45 |
Customer Care Representative | 3,790 | 558.27 |
Employing in Trinidad and Tobago will require employees to be knowledgeable with the labor laws and regulations. Below are some information to help businesses get started when hiring employees in the country.
Employment Contracts in Trinidad and Tobago may be expressed or implied in writing or orally. It must be in the language that all the concerned parties understand.
Newly hired employees have to undergo a probationary period of three to six months.
Date | Name | Type |
1 Jan | New Year’s Day | Public holiday |
2 Jan | New Year’s Day observed | Public holiday |
30 Mar | Spiritual Baptist Liberation Day | Public holiday |
7 Apr | Good Friday | Public holiday |
10 Apr | Easter Monday | Public holiday |
22 Apr | Eid al-Fitr (Tentative Date) | Public holiday |
30 May | Indian Arrival Day | Public holiday |
8 Jun | Corpus Christi | Public holiday |
19 Jun | Labour Day | Public holiday |
1 Aug | Emancipation Day | Public holiday |
31 Aug | Independence Day | Public holiday |
24 Sep | Republic Day | Public holiday |
25 Sep | Republic Day observed | Public holiday |
12 Nov | Diwali/Deepavali (Tentative Date) | Public holiday |
13 Nov | Diwali/Deepavali observed (Tentative Date) | Public holiday |
25 Dec | Christmas Day | Public holiday |
26 Dec | Boxing Day | Public holiday |
Type of Leave | Time Period | Mandatory |
Annual Leave | Depends on the collective bargaining agreement | No |
Sick Leave | Depends on the collective bargaining agreement | No |
Maternity Leave | 13 weeks | Yes |
Leave Compliance
Payroll cycle
Salaries in Trinidad and Tobago are paid every month
Minimum wage
The National minimum wage for employees is TTD 17.50 per hour
Read more
Overtime pay
Overtime pay rates vary when the extra work is performed. Below are the following
Read more
Type of Contribution | Tax (in TTD) |
National Insurance | Maximum 276.20 (rates depending on the employee’s monthly earning) |
Type of Contribution | Tax (in TTD) |
National Insurance | Maximum 138.10 (rates depending on the employee’s monthly earning) |
Health Surcharge | 8.25 per week (for employees earning more than TTD 470 per month) |
Income Bracket (TTD) | Tax Rate |
0 – 1,000,000 | 25% |
1,000,000 and above | 30% |
The VAT rate in Trinidad and Tobago 12.5%
A 13th month pay is not mandatory in Trinidad and Tobago
Employees in Trinidad and Tobago are entitled to the following benefits:
Termination of employment contract may be done by either the employee or employer. The grounds for termination may be due to just cause, resignation, contract expiration or unsatisfactory performance.
Notice period for employees in Trinidad and Tobago is typically a month.
According to the Retrenchment and Severance Benefits Act, below are the severance pay rates based on their years of service:
A work permit must be applied for by foreign employees seeking to work in Trinidad and Tobago. However, for foreign workers staying in the country for less than 30 days in a year for work, a work permit will no longer be required.
Read more
Expand globally and hire talent in 150+ countries without having to set up an entity. Use Multiplier's Employer of Record to manage the complete employee experience while having the flexibility to enter new markets.
Overtime Pay
Minimum Wage
Overtime Pay
Overtime pay rates vary when the extra work is performed. Below are the following
Visa and Immigration
By use case
By team
By company size