Guinea Conakry
Introduction
General overview & country facts, as well as labour regulations.
Employer Contributions
These are additional costs incurred by employers over and above the employee’s monthly gross salary and/or bonus.
Employee Contributions
These are costs incurred by employees that reduce their monthly gross salary and/or bonus to determine their net “take home” pay.
Employment Terms
All you need to know about salary & bonuses, working hours & overtime, probation period, notice period & severance pay, as well as all leave types.
COUNTRY PLAYBOOK
Guinea Conakry
Everything you need to know about payroll, benefits & hiring top talent in Guinea Conakry
Currency
Guinea Franc (GNF)
Salary payment frequency
Monthly
Capital
Conakry
Time Zone
UTC+00:00
Official Languages
French
Is English spoken?
No
Quick Links
Introduction
General Overview & Economic Facts
- Guinea Conakry is a country located in Africa.
- Guinea Conakry is known for its rich deposits of minerals, including bauxite, which is the country’s main export. Mining plays a significant role in the country’s economy.
- Guinea Conakry is ranked 163rd out of 191 countries in terms of nominal GDP and133rd out of 191 countries in terms of PPP.
Why Employ In Guinea Conakry?
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- Top industries: Mining, agriculture, manufacturing, tourism.
- Guinea Conakry has a public education system that is free and compulsory for children ages 6-16. The quality of education is variable, but it is improving.
- The population of Guinea Conakry is young and growing. This means that there is a large pool of potential employees available.
- The cost of employment in Guinea Conakry is relatively low compared to other countries in Africa. This is a major factor that attracts foreign investors to the country.
Overview Of The Labour Law
- The country has many natural resources, which is the main source of employment. Mining and agricultural production offer professionals the chance to find jobs.
- The labor law in Guinea Conakry is generally considered to be weighted towards employees. This is due to the fact that the law guarantees a number of employee rights and benefits, such as the right to safe working conditions, social security coverage, annual leave, maternity leave, and sick leave.
- The government of Guinea Conakry is committed to protecting its workers. The government has taken a number of steps to improve labour law enforcement, and it is working to raise awareness of labour rights among workers and employers.
Fun Country Facts
- Guinea Conakry is the world’s largest producer of bauxite, the raw material for aluminum.
- The national dish of Guinea Conakry is called “thiakri.” It is a rice dish made with meat, vegetables, and spices.
- The national language of Guinea Conakry is French, but there are over 20 other languages spoken in the country.
Why Use Playroll Services For Guinea Conakry?
- Employing in Guinea Conakry requires companies to have their own legal entity in the country as well as to manage payroll, employee benefits, taxes and legal compliance.This can get quite complicated, especially with the complexity of employment laws inGuinea Conakry.
- With Playroll’s Employer of Record services, your team will be employed by our established legal entities in each country.
- We will take care of payroll, employee benefits, taxes, legal compliance and provide ongoing employee support, so that you can focus on growing your team.
Employer Contributions
These are additional costs incurred by employers over and above the employee’s monthly gross salary and/or bonus.
Social Security (CNSS)
Calculated on a minimum salary of GNF 440,000 and a maximum salary of GNF 2,500,000 per month
Family Allocation
6.00 %
Medical Expenses and Disability
4.00 %
Work Injury Insurance
4.00 %
Old Age Pension & Death Benefits
4.00 %
Payroll Tax
Calculated on total gross income after deduction of employer contributions for CNSS family allowance.
6.00%
Apprenticeship Levy
Calculated on total gross income after deduction of employer contributions for CNSS family allowance.
2.00%
Employee Contributions
These are costs incurred by employees that reduce their monthly gross salary and/or bonus to determine their net “take home” pay.
Social Security (CNSS)
Calculated on a minimum salary of GNF 440,000 and a maximum salary of GNF 2,500,000 per month
Old Age Pension & Death Benefits
2.50 %
Medical Expenses & Disability
2.50 %
Income Tax
Employees are taxed on Worldwide Income
Income bracket per annum
0 – 1,000,000
0.00%
1,000,001 – 3,000,000
5.00%
3,000,001 – 5,000,000
8.00%
5,000,001 – 10,000,000
10.00%
10,000,001 – 20,000,000
15.00%
20,000,001 – above
20.00%
Employment Terms
General
Minimum Wage
- GNF 550,000 per month
Working Hours
- Maximum of 8 hours per day and 40 hours per week
- Employees are entitled to a one-hour break for lunch, which is usually taken between 12:00 and 1:00 pm.They are also entitled to a 15-minute break in the morning and afternoon.
- Typical working hours start at 8h00 and end by 17h00, Monday to Friday
Overtime
- The maximum number of overtime hours per day is 2 hours, and the maximum number of overtime hours per week is 10 hours. Overtime work is paid at a premium rate, which is typically 130% of the employee’s regular hourly rate.
- An employer can unilaterally require a worker to work 100 hours of overtime per year. Beyond this limit, a certificate to perform overtime work must be obtained from Labour Inspector.
- Night work is the work performed between 20h00 and 06h00. Night work is paid at a premium rate of 160% of the employee’s regular hourly rate.
Notice Period
Middle Managers & Similar – 3 months’ notice
Supervisors & Foremen – 1 month notice
Operational Staff – 1/2 month notice
Severance Pay
- Employees on an indefinite term contract and have worked at least 1 year at the company are entitled to severance pay equal to 25% of 1 months wages
- Employees on a fixed term contract are entitled to 5% of total wages for the contracted period
Probation Period
There is no statutory probation period
- The probation period is determined in the employment contract.
- It is common to have a probation period between 3 and 6 months.
Bonus
- There is no statutory bonus
Public Holidays
Public holidays 2023
- January 1st – New Year’s Day
- April 1 – Easter Monday
- April 3 – Second Republic Day
- April 5 – Lailat al-Qadr (Night of Destiny)
- April 10 – Eid al-Fitr (Tentative Date)
- May 1 – Labour Day
- May 25 – Africa Day
- July 9 – Eid al-Adha (Tentative Date)
- August 15 – Assumption of Mary
- October 2 – Independence Day
- November 1 – All Saints’ Day
- December 25 – Christmas Day
Leave
Paid Leave / Vacation Days
- The Labour Code provides 30 working days paid annual leave after completion of 12 months of continuous service.
Sick Leave
- The maximum duration of sick leave is six months. However, the initial duration of sick leave is 13 weeks, but it may be extended up to 26 weeks if a worker had at least 300 days of employment in the last year.
Maternity Leave
- Female workers are entitled to 14 weeks of fully paid maternity leave. In the case of multiple births, maternity leave can be extended by 2 weeks.
Paternity Leave
-
There is no statutory paternity leave in Guinea Conakry
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