* Playroll continues to analyse immediate opportunities and fulfilled roles by recruitment partners, contractors and employers to identify in-demand jobs.
* Playroll continues to analyse immediate opportunities and fulfilled roles by recruitment partners, contractors and employers to identify in-demand jobs.
When hiring in Bangladesh, it's crucial to follow specific formalities outlined by The Bangladesh Labour Act of 2006 and the Bangladesh Labour Rules of 2015. Contracts need to be in writing and signed by both parties. Key aspects include:
Probation periods are mandatory. The minimum probation period is 3 months and the maximum probation period is 6 months.
Labour regulations stipulate a maximum weekly working hours limit of 48. A standard workday is 8 hours, and the regular workweek lasts 5 days, from Sunday to Thursday.
Section 102 of the Labor Act sets the maximum weekly working hours at 48. Overtime pay is usually calculated by dividing the total salary (including benefits) by 208, then doubling the result and multiplying it by the overtime hours worked.
Every five years, the National Minimum Wage Board of Bangladesh sets the minimum wage for various sectors. The present minimum salary stands at BDT 12,500 per month, subject to potential adjustments based on industry variations.
There is no legal obligation to offer a 13th-month salary in Bangladesh, but some employers may provide a festive bonus of 20%.
The individual income tax in Bangladesh follows a progressive rate structure, ranging from 0% to 25%. Overarching tax rates may vary according to different factors, including household status and the number of dependents. In addition, the lesser of 450,000 BDT or one-third of the total taxable income is exempt from Income tax. For foreign residents, a flat tax rate of 30% applies.
There are no mandatory pension contributions in Bangladesh.
In Bangladesh, employers are not permitted to terminate employment at will, except during the probationary period. Termination must be justified by valid reasons. These reasons may include:
Employers are obligated to give advance notice to employees being terminated without cause. This notice period varies, extending to 60 days for general workers and 120 days for those receiving monthly compensation. Alternatively, payment in lieu of notice can be given though this depends on the type of employment.
Employees who have served a minimum of one year with an employer are eligible to receive severance pay equivalent to 30 days' wages for each year of service.
Bangladesh recognizes several national holidays, comprising of: