Georgia

Last Update by Katie, 20 Aug 2024

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Exchange Rate

18 Sep 2024

 

Cost of Living

Indicative value for a working adult in a city: Tbilisi

Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff

Living Requirement Indicative Amount (GEL)
McDonalds Set Meal 22
Monthly Train and Bus Tickets 40
3 Bedrooms Rental (City Center) 3,840
3 Bedrooms Rental (Outskirt) 2,295

Current Inflation Rate

0.5%

Wage

Minimum Wages

  • There is no statutory minimum wage

Median Salary

Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.

Job Level Monthly Salary (GEL)
Entry-Level
Fresh Graduate
 1,500
Mid-Level
5 Years
 2,500
Experienced & Managerial Level
10 Years
 4,000
Specialized & Senior-Level
15 Years
 5,000

Annual Salary Growth

2%

Statutory Contribution

No social security contributions in Georgia

Country Level

Type Employer Rates Employee Rates Notes
Pension 2% 2% Georgia residents up to 60 years old

Other Benefit

Other common employment benefits in Georgia include:

  • 13th salary, usually paid in December

Income Tax

Residents

  • Tax period: 1st January - 31st December
    Filing Due Date: 1st April the following year
  • Flat income tax - 20%

Non-residents

  • Depends on the double taxation agreement between countries. Typically, only income originating in Georgia is taxed, the rate is same as residents

Working Hours

Statutory

40 hours
8 hours a day, 5 days a week

Typical practice

40 hours
Monday - Friday

Overtime

Maximum 8 overtime hours per week

  • All overtime: Paid at 150% of the regular hourly rate

Employment Contract

Permanent

Contract Format

Can be oral or written in Georgian. bilingual contracts in Georgian and another language are permitted, if mutually understood by both parties. Contracts over 1 month must be in writing and sent to staff within 14 business days

Payroll Currency

GEL

Probation

Up to 6 months

Contract Period

No minimum duration

Termination

  • Notice during probation:
    - No notice
  • Voluntary resignation:
    - 30 days notice, in writing
  • Involuntary termination:
    - Long-term incapacity: 3 calendar days
    - Lack of qualifications, professional skills: and collective redundancy: 30 calendar days
  • Severance:
    - Long-term incapacity: 2 month's salary
    - Lack of qualifications, professional skills and redundancy: 1 month salary

Public Holiday

17 days

Country Level

Date Name
01 Jan - 02 Jan New Year's Day
07 Jan Orthodox Christmas Day
19 Jan Orthodox Epiphany
03 Mar Mother's Day
08 Mar International Women's Day
09 Apr Independence Restoration Day
03 May - 06 May Orthodox Easter
09 May Victory Day
12 May St Andrew's Day
26 May Independence Day
28 Aug Day of Assumption of Mary
14 Oct Svetitskholvloba
23 Nov St George's Day

Leave

Leave Type Entitlement Notes
Annual leave 24 working days All staff with 11 months service
Sick leave 60 calendar days every 6 months All staff
Maternity leave 126 calendar days- single birth
143 calendar days- complicated births or twins 		All expectant mothers
Adoption Leave 550 calendar days All staff who are adopting a child under 12 months old
Parental Leave 57 calendar days All mothers and fathers

Reference

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