The Compandben International Payroll Partner in Madagascar
The Compandben partner in Madagascar is a company founded in July 2014 and has 11 employees. It is based in Tananarivo and covers Payroll Administration and Employment Services.
Employment Services in Madagascar
The Compandben Employment Services Provider for Madagascar will employ staff on behalf of clients, so that the client does not need to set up a legal entity in Madagascar.
Employer social charges including pension in Madagascar is presently 19% of gross salary, and the EMPLOYEE pays 2%. Basic salary for the social charges calculation is capped at 1 600 000 Ariary (~ 460 usd)
Vacation is accrued at 2.5 days per month and there are normally 13 days of public holiday. For less than one year of seniority, notice periods in Madagascar are from 1 month to 4 months depending on the professionnel group and for above 5 years of seniority, it can go from 1 month and a half to a maximum of 6 months ; if an employee is fired severance pay is calculated accordingly.