Turkmenistan is a landlocked country in Central Asia. The country is ranked 165th freest economy in the world and is 38th out of 39 among the countries in Asia-Pacific. The country sits below regional and world economical averages. Although the country has major gas and oil exports, its internal political corruption and external influence makes it difficult for the country to prosper.
Major economic hubs:
Ashgabat, Turkmenabat, Dasoguz
Skills in demand:
Engineering Professionals, Skilled Labor (Oil and Gas rigs)
Top local universities in Turkmenistan
State Energy Institute of Turkmenistan
RANKING
Local: 1
World : 12569
Oguz Han Engineering and Technology University of Turkmenistan
RANKING
Local: 2
World : 12953
Turkmen State University
RANKING
Local: 3
World : 13060
International Oil and Gas University
RANKING
Local: 4
World : 13128
Turkmen State Institute of Architecture and Construction
RANKING
Local: 5
World : 13148
Number of LinkedIn users:
37, 770
Where to find talent
Top Local Job Boards:
Top Local Job Boards
Number of LinkedIn users:
Number of LinkedIn users
Top Recruitment Agencies:
Top Recruitment Agencies:
Salary Data
Here are some jobs with average monthly salary in Turkmenistan:
Job Title
Average Monthly Salary (in TMT)
Average Monthly Salary (in USD)
Information Technology Manager
9,030.00
2,577.36
Network Engineer
4,780.00
1,364.31
Developer / Programmer
5,080.00
1,449.94
Project Manager
6,130.00
1,749.63
Database Administrator
4,910.00
1,401.42
Business Analyst
6,850.00
1,955.14
Business Development Manager
8,640.00
2,466.04
Employ in Turkmenistan
Employing in Turkmenistan
Hiring in Turkmenistan requires you to be aware of the local employment laws, benefits, payroll, and taxes. Given below is everything you need to know on how to successfully onboard talents from Turkmenistan.
Employee Contract
Contracts in Turkmenistan can either be verbal or written according to the Labour Code. The contract must be written in either Turkmen or Russian.
Probation Period
The probationary period for new employees are up to 6 months.
Public and Provincial Holidays
Date
Name
Type
1 Jan
New Year’s Day
Public Holiday
8 Mar
International Women’s Day
Public Holiday
21 Mar
Nowruz Bayram (Spring Festival)
Public Holiday
22 Mar
Nowruz Bayram (Spring Festival)
Public Holiday
21 Apr
Oraza Bayram (Tentative Date)
Public Holiday
18 May
Constitution Day
Public Holiday
28 Jun
Kurban Bayramy (Tentative Date)
Public Holiday
29 Jun
Kurban Bayramy Holiday (Tentative Date)
Public Holiday
30 Jun
Kurban Bayramy Holiday (Tentative Date)
Public Holiday
27 Sep
Independence Day
Public Holiday
6 Oct
Day of Commemoration and National Mourning
Public Holiday
12 Dec
Day of Neutrality
Public Holiday
Employee Leaves
Type of leave
Time period
Mandatory
Annual leave/Earned Leave
20 – 30 days
Yes
Maternity Leave
112 days
Yes
Sick Leave
Based on requirement
Yes
Probation period
Leave compliance
Public and provincial holidays
Payroll in Turkmenistan
Payroll cycle
Workers are paid either monthly or bi-monthly.
Minimum wage
The minimum wage in Turkmenistan is TMT 1,160 per month.
Overtime pay
Overtime in Turkmenistan is limited for four hours for two consecutive days only. With a maximum of 120 hours of overtime work per year.
How taxes work
Employer Payroll Tax
Contributions
Rate (%)
Pension Insurance Payments
20
Professional Pension Insurance (For Hazardous Jobs Only)
3.5
Total
20 (23.5)
Employee Payroll Tax
Contributions
Rate (%)
Pension Insurance Payments (optional)
2
Employee Income Tax
The usual tax rate is 10% across all income classes.
VAT
The standard VAT in Turkmenistan is 15% while the export of goods (except oil and gas) and services is 0%.
Bonus
13th Month Pay
The 13th-month pay is not mandatory in Turkmenistan.
Employee Benefits
Full-time employees in Turkmenistan are ensured to have insurance benefits such as
Pension and disability
Accident Insurance
Pregnancy and childbirth allowance
Birth of a child allowance
Childcare allowance
State Social benefit
Allowance for participant in the great Patriotic War (WWII)
The severance pay in Turkmenistan depends on the duration of employment which ranges from ½ of a month to two months of salary.
Visa and immigration
In order to get a business visa in Turkmenistan, you first must have a Letter of Invitation (LOI) from the Turkmen State Migration Service. You can get the LOI from the following sources.
Travel Agency
Individual
Turkmen Organization or Company
Educational Institution
When you have the LOI, then you can apply your visa in your country’s Turkmen Embassy or Consulate. The documents will be provided upon your registration.
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