Hire a remote team in Djibouti

Hiring a remote team in a country as Djibouti comes with a lot of overhead, such as compliance, local laws, taxes, etc. As a company, you don't want to worry about knowing all the local laws. Instead you want to focus on your remote team and the business. Rivermate's Employer of Record (EOR) solution helps companies hire remote employees in Djibouti. We take care of global payroll, taxes, benefits, compliance and HR activities. So you can focus on growing your business.

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1. Hire a remote team in Djibouti with Rivermate

Payroll, benefits, taxes, and compliance can be difficult to manage in Djibouti, particularly if you don't have established local relationships. You can hire employees in Djibouti effectively, conveniently, and in full compliance with all relevant labor laws using Rivermate's global Employer of Record (EOR) solution. We handle the responsibilities and legal risks associated with foreign employment so you can concentrate on growing your company.

Table of contents

Hire a remote team with Rivermate
Introduction
Hiring a remote team in your country
Cost of living
Cost of renting
Major industries
Hiring cost
Employment laws
Top skills
Economic landscape
Market size
Minimum wage

2. Introduction

Rivermate is a global employment solutions company that provides Employer of Record services in Djibouti.As an employer of record, we help you hire employees and run payroll services in Djibouti, allowing you to avoid the necessity of first establishing a branch office or subsidiary in Djibouti.It is not necessary to establish an entity in order to hire an employee. We can hire your employee in any country with a few mouse clicks. Using our Employer of Record solution, you can have full compliance, benefits, and automated payments.If you wish to hire a remote team in Djibouti or individually hire remote employees in Djibouti, Rivermate’s global employer of record services will make sure that the process will be as seamless as possible for you.Send us a message so we can talk about how Rivermate’s Employer of Record Djibouti services can best help your company!

3. Hire a remote team in Djibouti

Djibouti, also known as Djibouti, is a small country in the Horn of Africa. It is a country that was recently upgraded to lower-middle-income status. Despite its small population, the country has a high unemployment rate, estimated to be around 10.32% in 2020. The country is ideal for history buffs and is often referred to as a "little piece of heaven for nature." Djibouti has some of the most peaceful communities in the world, and the country has mountains on one side and the sea on the other, which adds to its beauty.There have been developments in the country's agricultural and industrial sectors. One of the country's economic assets is its location between the Red Sea and the Gulf of Aden. The country's economy is growing at a moderate pace, but it still faces numerous challenges. The macroeconomic stability has significantly improved.

4. Cost of living in Djibouti

Djibouti's cost of living is $548, which is 1.7 times less expensive than the global average. Djibouti was ranked 159th out of 197 countries in terms of cost of living and 174th in terms of quality of life.In Djibouti, the average after-tax salary is $383, which is enough to cover living expenses for 0.7 months.

5. Cost of renting in Djibouti

The cost of renting in the country varies depending on a variety of factors such as location, size, and the quality of lifestyle and facilities. A one-bedroom apartment costs around US $602, and a three-bedroom apartment costs around US $1,324. This could change depending on the upgraded facilities.

6. Major industries in Djibouti

Due to the lack of agricultural and industrial activities, the country's major industry is the service industry. One of the country's main economic assets is the location that connects the Red Sea and the Gulf of Aden. The country's port service helps the economy. Around 76% of the country's GDP is generated by the service sector. This industry has job opportunities.Over the years, the country's fishing industry has grown. It is the only industry that is unaffected by climate change. As it stands, this industry has enormous potential in the coming years. In fisheries, there is no large-scale production. The country also exports fish to markets in the European Union.Tourism is another important and rapidly growing sector in Djibouti. The majority of visitors come from France and other European countries. Djibouti's economy benefits greatly from the country's many tourist attractions. The development of the tourism industry has the potential to raise these industries to a higher level.

7. Hiring cost in Djibouti

Employee recruitment is a time-consuming and exhausting process. Employers must be prepared to cover the costs of hiring. The cost of hiring is affected by a number of factors. Among them are: -- Training and onboarding costs- The cost of orientation- Procedures for hiring- Invested time

8. Employment laws Djibouti

Djibouti's employment system is regulated. It offers basic benefits to employees as well as bonuses. Working hours, wages, and termination are all determined by the industry. Djibouti's National Labour Law governs the following aspects:- 47 working hours per week- No minimum wages- Paid and unpaid leaves; paternity/maternity leave, vacation- Employee protection- Anti-discrimination- Security Laws

9. Top skills Djibouti

Djibouti's economy is in the lower-middle income range. The country is short on skilled labor. There are opportunities in various sectors throughout the country. There are opportunities for expats in the country ranging from IT professionals to customer service specialists. Djibouti hires people with the necessary hard and soft skills.The most in-demand job skills in Djibouti are the following:- IT- Construction- Tourism- Mining- Fishing- FinancialDjibouti: It is the capital of Djibouti and has a sizable population. The city is home to Djibouti's largest telecommunications company. It is the country's financial center, with many industries such as tourism, construction, import and export, banking, and tourism. The city also has many well-known hotels in the country.Ali Sabieh: It is the country's second-largest city. The city's economy is based on industries such as agriculture, tourism, trade, and transportation. The tourism industry is rapidly expanding. There are opportunities in the city for motivated job seekers.Dikhil is a town located on Djibouti's western coast. It serves as the administrative center for the Dikhil region. The city's economy is heavily reliant on agriculture and farming. It also serves as a commercial hub between Ethiopia and Djibouti City. The tourism industry is also important in the city.

10. Economic landscape in Djibouti

The country's GDP growth rate has been reduced by 1.5% in 2020 and is expected to rebound to 9.2% in 2021 before falling back to 8% in 2022 to 2025. Despite its small population, the country has a high unemployment rate and faces numerous economic challenges. The unemployment rate is expected to fall at a very slow rate.

11. Market size in Djibouti

The country is small and has recently been updated to a lower-middle-income economy. Economically, it has been improving, albeit slowly. Due to a lack of agricultural and industrial activities, the country's economy has been heavily reliant on the service sector. Fishing, port services, and tourism are the other major industries.

12. Minimum wage in Djibouti

As part of the 2006 Labor Code, Djibouti abolished its national minimum wage in favor of occupational categories. Wages are now set by employers and employees as part of an employment contract. The minimum wage in the public sector is 35,000 DJF, or about $198 per month. The last time this was changed was in 2015.