Want to Hire Employees in Panama?
Looking to hire employees in Panama? Usually, when employing Panamanian workers, you need to establish a local entity and research local employment laws, which can be complex and time-consuming.
How Workwell Global’s Employer of Record Panama Services Help
You can simplify this process and use a specialised Employer of Record Panama service, like Workwell Global, to facilitate the processing of payroll and provision of insurance and benefits to your Panamanian employees.
If you want to employ someone in Panama quickly and lack local expertise, an Employer of Record may be the best option to achieve your global business growth goals.
Download our guide to learn more about how an EOR works.
What to Consider When Hiring Employees in Panama?
Employment
In Panama, employees are engaged under the Panamanian Labour Code and are entitled to various benefits, including paid annual leave, sick leave, and parental leave. Notice periods vary depending on the length of service, and there are strict rules regarding termination.
Benefits
Panama has a public healthcare system, and employers can offer supplementary private medical coverage. By using Workwell Global's Employer of Record Panama solution, you can attract candidates by offering supplementary benefits plans.
Law
Employment laws vary between regions, with minimum employment standards set by federal law. Employers must comply with these regulations, including the Panamanian Labour Code and the Panamanian Social Security Law.
Panama Payroll. We make it work, for you.
We Facilitate the Employment of Your Team in Panama
Trying to get to grips with employment in a new country can be a real headache. We get it. We’ve been helping businesses establish themselves internationally by removing the barriers of global employment. By utilising Workwell’s Employer of Record Panama solution, we take on the responsibility of processing payroll and helping keep your business compliant from an employment perspective, so you can achieve your global growth objectives.
Hire Anywhere Across Panama
By using Workwell Global as your Employer of Record in Panama, your business can hire employees on a short-term or project basis without committing to long-term contracts. With the flexibility of an EOR, you can easily scale your workforce up or down as needed, avoiding the cost and complexity of onboarding and terminating employees on your own. This can be particularly useful if your business has fluctuating staffing needs.
So whether you want to hire one employee in Panama City or a whole team in Colón, rest assured that Workwell Global has you covered.
We Take Care of the Employment Compliance
The legal requirements for onboarding and managing employees in Panama can be complex and time-consuming. As your EOR in Panama, we can handle these legal requirements, such as payroll, taxes, employment standards, and benefits, ensuring that your business is in compliance with these regulations.
With an EOR, businesses can rest assured that their employees are classified and paid correctly, and that all necessary taxes and deductions are being handled in accordance with Panamanian laws. This allows businesses to focus on their core competencies and operations without worrying about the complexities of employment laws and regulations.
Our Employer of Record Panama Solution
Payroll
Employment Tax
Employee Benefits
Comprehensive Insurances
Employment Compliance
Seamless Onboarding
No Local Entity Required
No hidden feees
Companies We’ve Helped Employ Workers Globally
We feel our case studies do the talking for us. See how we've helped our clients around the world enter new global markets by using our Employer of Record solution.
Launching an Established Recruitment Agency into the US Staffing Market
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Ready to Start Hiring Employees in Panama?
Schedule a quick half-hour chat with one of our friendly consultants to be one step closer to hiring employees in Panama with our Employer of Record solution.
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