The minimum wage is GTQ 2959.24 per month.

The individual income tax ranges from 5% to 7%. Income tax is calculated according to progressive rates.

The employer cost is generally estimated at 29.3% of the employee's salary.

• Social Security (IGSS): 10.67%
• Workers Recreational Institute (IRTRA): 1%
• Professional Training Institute (INTECAP): 1%
• 13th Bonus: 8.33%
• Christmas bonus: 8.33%

• One-off administrative registration costs: USD 45

• One-off Mandatory Wet Ink Employment Agreement Handling Fee - 80 USD

Standard working hours are 8 hours per day, 40 hours per week. The standard work week is from Monday to Friday. However, it is also common practice for employees to have a working week of 44 hours.

Overtime payment is mandatory and may be included in the salary. Hours outside of standard work hours are considered overtime. Employees can work a maximum of 4 hours of overtime a day. For additional hours, employees are paid:

• 150% of the hourly rate
• 200% of the hourly rate for work on official holidays, annual leaves, or regular leaves and an additional day of leave