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Hire in TURKMENISTAN

Employer of Record Services (EOR)in Turkmenistan

Turkmenistan, with its abundant natural gas reserves and a strategic geographic location, presents unique opportunities for businesses seeking to expand. However, navigating the intricacies of local labor laws and regulations can be a challenge. Truss, as your Employer of Record (EOR), simplifies hiring in Turkmenistan. We handle all aspects of employment, from recruitment and onboarding to payroll, benefits administration, and ensuring compliance with local legislation. This allows your company to focus on its core competencies while confidently expanding its operations in Turkmenistan.

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Quick Facts About Turkmenistan

1
US Dollar
=
3.50
Turkmen Manat (TMT)
*revised May 28, 2024
A computer with a calculator and a coin
ADDITIONAL INFORMATION

Payroll + Taxation

PAYROLL CYCLE

In Turkmenistan, payroll is typically processed on a monthly basis, with salaries paid by the end of the month.

There is no legal requirement for a thirteenth-month payment in Turkmenistan. However, employers may choose to provide bonuses based on company policy or individual performance.

INCOME TAX

Employee income tax in Turkmenistan is a flat rate of 10%.

EMPLOYER COST

In Turkmenistan, employers are responsible for contributing 20% of an employee’s total remuneration to the pension insurance fund. These payments cover retirement and disability benefits.

ADDITIONAL INFORMATION

Minimum Wage + Working Hours

MINIMUM WAGE

The minimum wage in Turkmenistan is set by the government and is subject to change. Currently, by presidential decree, the minimum monthly wage in Turkmenistan is TMT 1,280. Please consult with Truss or a legal expert for the most up-to-date information.

WORKING HOURS + OVERTIME

The standard workweek in Turkmenistan is 40 hours, typically spread over five days. Some industries may have specific regulations regarding working hours.

In Turkmenistan, overtime work is limited to four hours over two consecutive days and a maximum of 120 hours annually. Overtime pay is double the employee’s regular hourly wage. Alternatively, employees can request time off in lieu of extra pay, up to the number of overtime hours worked.

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leave

Paid Time Off

After one year of continuous employment, employees in Turkmenistan are entitled to a minimum of 24 calendar days of paid annual leave. The duration of paid leave can vary based on the industry and specific job type.

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TURKMENISTAN NATIONAL HOLIDAYS 2024
  • January 1 New Year’s Day
  • January 27 Defender of the Fatherland Day
  • March 8 Int’l Women’s Day
  • March 21-22 Nowruz
  • April 10 Eid al-Fitr
  • May 18 National Flag and Constitution Day
  • June 17 Eid al-Adha
  • August 11 Melon Day
  • September 27 Independence Day
  • October 6 Day of Remembrance
  • October 12 Day of Neutrality
SICK LEAVE

Employees with the necessary medical documentation are entitled to paid sick leave. However, the specific duration and percentage of salary paid during sick leave can vary depending on the employee’s length of service and company policy.

PATERNITY LEAVE

There is no statutory provision for paternity leave in Turkmenistan.

OTHER LEAVE

Unpaid leave may be granted for specific reasons such as education, personal matters, or military service. The terms and duration of such leave are usually determined through agreement between the employer and employee.

MATERNITY LEAVE

Female employees are entitled to 112 days of social leave for pregnancy and childbirth, with 56 days before and 56 days after the expected date of delivery. This leave is typically paid at a percentage of the employee’s salary.

NOTICE + PROCESS

Termination

TERMINATION PROCESS

The termination process in Turkmenistan is governed by the Labor Code and the employment contract. Notice periods and severance pay entitlements vary depending on the circumstances and the reason for termination.

NOTICE PERIOD

Law requires at least 14 days of notice. However, notice periods generally range from 14 to 30 calendar days. However, specific requirements can vary based on the employment contract or collective agreement.

SEVERANCE PAY

Severance pay may be required in certain termination scenarios, such as redundancy or dismissal without cause. The typical amount for severance in Turkmenistan is equal to two week’s average salary.

PROBATION PERIOD

In Turkmenistan, the probationary period for most employees is three months, but it can be six months for senior roles.

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