Easily manage employment in

Barbados
barbados flag

Remote's Barbados employment guide will guide you through your compliance responsibilities. Note that Remote's employer of record services are not yet live in Barbados. but you can pay contractors with Remote now.

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Services available in this country:
Contractor Management
  • Capital City

    Bridgetown

  • Currency

    Barbadian dollar ($, BBD)

  • Languages

    English and Bajan Creole

  • Population size

    287,371

Services available in this country:
Contractor Management
Barbados seaside
Grow your teamTaxesTypes of leaveEmployment Termination

Facts & Stats

Barbados
  • Capital City

    Bridgetown

  • Currency

    Barbadian dollar ($, BBD)

  • Languages

    English and Bajan Creole

  • Population size

    287,371

  • Ease of doing business

    Medium

  • Cost of living index

    81.49 (2021)

  • Payroll frequency

    Weekly, bi-weekly, monthly

  • VAT - standard rate

    17.5%

  • GDP - real growth rate

    19.0% (2020)

The island nation of Barbados has been inhabited since the 13th century by the indigenous Kalinago people, prior to the arrival of European explorers, after which the territory rapidly changed hands as a Spanish, Portuguese, and finally a British colony.

In recent times, Barbados holds a place as a popular tourist haven with its pristine beaches, classical architecture, and Caribbean cuisine that draws over a million visitors annually.

Grow your team in Barbados with Remote

You can pay contractors now in Barbados with Remote in some currencies (talk to an expert now for full details).

Note that we are busy building our own entity in Barbados to provide you with the best possible employment solutions for your employees, but our employer of record service is not yet live in this country.

To employ in Barbados, companies must own a local legal entity in the country or work with a global employment solution. Developing the processes required to manage payroll, benefits, taxes, and onboarding in countries like Barbados can get complicated fast, especially without localised expertise.

If you're looking to start hiring in a country like this, partnering with a global employment solution like Remote makes it easy for your company to employ workers quickly, cost-effectively, and in full compliance with all local legislation.

In the countries where we do offer our EOR services, Remote takes on the responsibility and legal risks of international employment so you can focus on hiring great talent and growing your business.

Risks of misclassification

Barbados, like many other countries, treats self-employed individuals or contractors and full-time employees differently. Misclassification of contractors in Barbados may lead to fines and penalties for the offending company.

Employing in Barbados

Provisions for employee protections and workers’ rights are spelled out in the Barbadian Constitution and across several government statutes, such as:

  • the Employment Rights Act,

  • the Trade Unions Act,

  • the Occupational Safety and Health Act, and

  • the Severance Payments Act.

Employees in Barbados generally enjoy protection against discrimination based on age and race.

Common questions that could come up during the hiring process include the minimum wage, overtime rates, and guaranteed paid time off. Remote can help you offer a complete, competitive, and compliant benefits package to your employees in Barbados.

Minimum wage

The Barbadian minimum wage is currently fixed between BDS$ 6.25 - BDS $8.5 per hour, or roughly $3.12 - $4.25 hourly.

Effortless HR in Barbados: Take the Tour

Seamlessly Manage Your Workforce, from First Hire to Final Paycheck

Competitive benefits package in Barbados

At Remote, we’re obsessed with helping you craft the best possible employee experience for your team. We are leading the way in practising “fair equity”, which means making sure employees everywhere have access to both the required and supplemental benefits they need to thrive (and that will allow you to attract the best local talent).

We are still busy building our own entity in Barbados, but our benefits packages for all countries are tailored to fulfil the local needs of your employees. Typically, our packages contain some or all of the following benefits:

  • Health Insurance

  • Dental Insurance

  • Vision Insurance

  • Mental Health Support

  • Pension or 401(K)

  • Life and Disability Insurance

Fair Pricing in Barbados

Contractor Management

Compliantly onboard and pay contractors

£23

per contractor/month

Top features

  • Only pay for contractors you actively work with

  • Work with contractors in 200+ countries

  • Create, edit, and sign tailored, localised contracts

  • Approve contractor invoices with one click or auto-pay

  • Transparent payments with complete visibility

Payroll

Consolidate your multi-country payroll

£24

per employee/month

Top features

  • Simplify: Comprehensive platform that integrates all payroll functions

  • Support: Personalised assistance with a dedicated team and specialists

  • Accuracy: Test runs and parallel pay runs before implementation

  • Compliance: Adhere to local labour laws in every country

  • Timeliness: Accurate and on-time payroll with labour authority reporting handled

  • Experience: Seamless payroll with easy access to payslips and expenses

HRIS

Manage all of your employees in one place

Free

Sign up

Top features

  • Guided onboarding and offboarding

  • Employee profile and document management

  • Time and attendance (time off and tracking)

  • Expense management and reimbursement

  • Employee self-serve on the platform and mobile app