EOR Service in Bangladesh

Hire, Onboard and Pay Employees in Bangladesh Quickly and Efficiently

Hiring in Bangladesh at a glance

CURRENCY
Bangladeshi Taka (BDT)
working hours
48 hours
public/bank holidays
21 public holidays
capital
Dhaka
language
Bengali (Bangla), English
date format
DD/MM/YYYY
remote workers
1.2M
tax year
July 1 - June 30
minimum hourly salary
No minimum wage
CURRENCY
Bangladeshi Taka (BDT)
working hours
48 hours
public/bank holidays
21 public holidays
capital
Dhaka
language
Bengali (Bangla), English
date format
DD/MM/YYYY
tax year
July 1 - June 30
payroll frequency
Weekly, bi-weekly, or monthly
GDP
USD 460.20 billion

Employer of Record in Bangladesh

An Employer of Record (EOR) can simplify hiring and paying talent in Bangladesh. With EOR services, you follow rules, pay your workers, and provide the right benefits, even if you don’t have a local entity in Bangladesh.


Working with Gloroots' Bangladesh EOR means you can hire people faster, no matter your company's size. You can find talented people in Bangladesh and explore business opportunities without worrying about complicated rules.

Why use Bangladesh EOR?

Bangladesh’s economy has expanded quickly, supported by a skilled workforce. 


To protect the rights of its valuable workforce,  Bangladesh has strong labor laws that protect employees' rights These laws apply to all companies and employees, regardless of citizenship.


While understanding these laws is relatively simple, ensuring compliance, especially as a foreign employer, can be complex in Bangladesh. For example, labor laws for employees and employers within Export Processing Zones are different to that in the rest of the nation. Moreover, Bangladesh has industry-specific wage boards which regulate wages for each sector. Thus, if you're starting a business or looking to hire talent, it is best to employ an EOR to help you stay in compliance with local labor laws.


Gloroots can guide you through these processes and help you navigate the complexities of expanding your business in Bangladesh.

EOR Costs in Bangladesh

PEOs usually have two ways of charging – fixed and variable. In the fixed model, you pay a clear fee for each employee per month.

Gloroots is one of these PEOs. For Bangladesh, our costs start at an affordable rate per employee each month. The final price depends on how complicated the laws are in the employee's location.

Our prices make sure you get the best value for what you spend on your employees. With Gloroots, every employee you hire gets HR support, benefits management, and a live dashboard to track workforce expenses in real-time.

Key Metrics For Foreign Employers

Factors Global Ranking Interpretation
Rule of law 117 Indicates effectiveness of law enforcement
Labour-employer cooperation 101 Indicates positive labor-employee relationships
Reading Maths, and Science n/a Indicates average scores in OECD's survey of 15-year old students
University Ranking 65 Indicates average QS rankings
Labour productivity per employee 84 Indicates total output by the total labor input used to produce that output
Ease of finding skilled employees 102 Indicates findability of skilled talent
Workforce with tertiary education 106 Indicates % of workforce with PG degrees
Digital Skills 81 Indicates prevalence of advanced digital skills in the population

Source: The Global Talent Competitiveness Index 2022

Why work in Bangladesh?

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Grow your team in Bangladesh

Expanding your team in Bangladesh means dealing with local work rules, paying salaries, handling taxes, and benefits, which can be tricky. Gloroots offers a complete global service called Employer of Record (EoR) to make this easier. We manage the payroll, ensure you follow tax rules, and take care of benefits according to local laws. This way, you can focus on your employees and growing your business. Let Gloroots deal with the hard paperwork, making it smooth for you to start hiring in Bangladesh.


Risks of misclassification

Misclassifying employees in Bangladesh can lead to legal and financial problems for employers, including disputes and penalties. To avoid these risks, partnering with a reputable PEO/EOR in Bangladesh is crucial. EORs ensure proper employee classification, accurate payroll management, and compliance with labor laws, protecting employees' rights and benefits while allowing businesses to focus on their core objectives.

Contact Us

Avoid hefty penalties with Gloroots.

Use our free employee misclassification risk calculator to estimate your risk level.

Calculate Now

Employing in Bangladesh

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Tax

INCOME TAX 

Income Range (Tk) Tax Rate Taxpayers' Category Tax-Free Limit (Tk)
Up to 350,000 0% - -
350,001 - 450,000 5 % - -
450,001 - 750,000 10 % - -
750,001 - 1,150,000 15 % - -
1,150,001 - 1,650,000 20 % - -
Above 1,650,000 30 % - -
- - Female Taxpayers 400,000
- - Senior Male Taxpayers (65+) 400,000
- - Individuals with Disability 475,000
- - Gazetted War-Wounded Freedom Fighters 500,000

Other Taxes and Social Security contribution:

Employer Payroll Contributions:

Employers don't have to make any compulsory social insurance contributions.

Employee Payroll Contributions:

Employees are not required to make any mandatory social insurance contributions.

Separation

Termination Process

When ending the employment of someone who has worked with the organization for a year or more, the employer must give a one-month notice or pay them instead.

If the employee is resigning, they need to give a written one-month notice or pay instead.

For employers in Bangladesh, to terminate an employee, they need to give 120 days' written notice for monthly workers and 60 days' notice for others.

Employees can be let go for reasons like physical or mental incapacity, ongoing poor health, major misconduct, or not being able to do the job well. If an employee has worked at least a year, they get 30 days' salary for each year of service.

Gloroots, a PEO / EOR in Bangladesh, can help make the termination process smooth and keep track of new employees' probation period while following the rules of the country.

Notice Period

The duration of the notice period can extend to 120 days, or the option of providing payment instead of notice can be considered, based on the nature of the employment.

Severance Pay

Workers who have been employed by the same employer for a minimum of one year are eligible for a severance payment equivalent to 30 days' wages for every year of service.

Probation Periods

Typically, probationary periods last for six months for clerical staff and three months for other employees.

Start Hiring in Bangladesh today

Hiring employees in Bangladesh can be complex due to various rules to remember. You must understand employment laws, ensure correct payment to employees, follow fairness and data protection regulations, and more. All these factors can make the hiring process seem complicated.

But there's good news – Gloroots can simplify things for you. Our comprehensive solutions provide an easy way to handle all aspects of hiring in Bangladesh. Our experts assist with hiring from different countries and following payment and work rules. We help with employment contracts, timely payments, and benefits, so you can focus on selecting the best candidates.

Count on Gloroots to make hiring from around the world straightforward and stress-free.

Are you Ready to
Experience Seamless Hiring in Bangladesh?

Let us take care of all your employment needs. We guarantee easy onboarding & compliant workforce management in Bangladesh.

Speak to our Expert