The employer cost is generally estimated at 16.49% of the employee's salary.
*Some costs have minimum and maximum limits for the calculation, so contributions may vary.
Standard working hours are 8 hours per day, 40 hours per week. The standard work week is from Monday to Friday.
Overtime payment is mandatory. Hours outside of standard work hours are considered overtime. Employees can work a maximum of 2 hours of overtime a day and 12 hours over a month. For additional hours, employees are paid 150% of the hourly rate.