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How To Hire New Remote Employees | Mali

Hire employees in

Mali

, easily

Whether you're looking for an independent contractor, a remote team member, or a full-time employee in

Mali

, Workpay can help. Say goodbye to worrying about local laws, complex tax systems or managing international payroll. We take care of it all in over 50 countries.

Book a discovery call
country featured image
Country flag

How To Hire New Remote Employees | Mali

Hire employees in

Mali

, easily

   Whether you're looking for an independent contractor, a remote team member, or a full-time employee in

Mali

, Workpay can help. Say goodbye to worrying about local laws, complex tax systems or managing international payroll. We take care of it all in over 50 countries.

Book a discovery call
Hire employees in
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, hassle-free

With Workpay, your business can easily hire employees in

Mali

.
No more worrying about local laws, complex tax systems or
managing international payroll. Workpay takes care of everything
in 150+ countries.

Book a discovery call
capital city
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currency
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language spoken
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payroll frequency
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employer taxes
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vat - standard rate
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cost of living index
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gdp - real growth rate
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termination process
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employee protections
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Overview

Mali's financial freedom score is 55.9, ranking it at 114 in the 2022 Index. Mali is categorized as 18th of 47 countries in Sub-Saharan Africa, it has a general score greater than the zonal standards. From 2017, the country's financial growth slowed, rose in 2019, fell in 2020, and recovered in 2021. The government enhances economic diversity and overall financial growth, thus, monetary freedom is strong.

capital city
Bamako
currency
West African CFA franc (CFA, XOF)
language spoken
French
payroll frequency
Weekly, bi-weekly, and monthly
employer taxes
3.5%
vat - standard rate
18%
cost of living index
West African CFA franc 162,159.98
gdp - real growth rate
-1.6% (2020)
termination process
Varies
employee protections
Moderate

Public Holidays

DATE
HOLIDAY NAME

DATE

01 Jan

20 Jan

26 Mar

10 April

22 April

01 May

25 May

29 June

22 Sept

27 Sept

25 Dec

HOLIDAY

New Years Day

Army Day

Martyrs Day

Easter Monday

Korite

Workers’ Day

Africa’s Day

Tabaski

Independence Day

Prophet Mohammed’s Birthday

Christmas Day

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Minimum wage

In Mali, the minimum wage is government-mandated, no employee is eligible for lesser compensation than the minimum pay rate. Companies in Mali that do not meet the minimum wage requirement can be sued.

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Payroll cycle

The payroll is done monthly, weekly, and bi-weekly.

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Taxation

In Mali, there are now two income tax rates: 30% and 3%.

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Leaves

Annual leave

A full-time worker's monthly paid leave obligation is 2.5 days monthly which is equivalent to  30-days of annual paid leave, including working weekdays and weekends. 

Maternity Leave

Female employees that have worked for 9 months are allowed a 14-week unpaid maternity leave and can receive six weeks unpaid and eight weeks unpaid leave post-birth. However, for eligibility, the employees must possess the required documents.

Paternity Leave

Male employees are entitled to  seven days of paid paternity leave.

Sick Leave

Workers are eligible for paid sick leave if they present the healthcare provider's certificate. Particular sick-leave rates are not established. 

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Termination process

A company can cancel an employment contract when it ends, with or without grounds. A company may end a fixed-term agreement, but the worker is eligible for mandatory compensation under the law. Either party may stop a permanent contract with a written notice. If the company decides to end after three months of work, they must notify the Labor Inspector. The notice period length should be the same as the probation period.

Notice Period

If collective contracts lack, the duration of the notice period is: 

  • Eight days for daily or weekly paid workers.  
  • One month for monthly paid workers.
  • Two months for supervisors and transformed workers. 
  • Three months for directors and administrators. 

Severance

Workers are eligible for severance pay of 20% to 30% of the monthly payment based on the employment duration.

Probationary Period

In Mali, the probation period is six months.

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Heading

Hire employees in

Mali

, hassle-free

With Workpay, your business can easily hire employees in

Mali

. No more worrying about local laws, complex tax systems or managing international payroll. Workpay takes care of everything in 50+ countries.

Book a discovery call
country featured image
capital city
Bamako
currency
West African CFA franc (CFA, XOF)
language spoken
French
payroll frequency
Weekly, bi-weekly, and monthly
employer taxes
3.5%
vat - standard rate
18%
cost of living index
West African CFA franc 162,159.98
gdp - real growth rate
-1.6% (2020)
termination process
Varies
employee protections
Moderate

Overview

Mali's financial freedom score is 55.9, ranking it at 114 in the 2022 Index. Mali is categorized as 18th of 47 countries in Sub-Saharan Africa, it has a general score greater than the zonal standards. From 2017, the country's financial growth slowed, rose in 2019, fell in 2020, and recovered in 2021. The government enhances economic diversity and overall financial growth, thus, monetary freedom is strong.

Public Holidays

DATE

01 Jan

20 Jan

26 Mar

10 April

22 April

01 May

25 May

29 June

22 Sept

27 Sept

25 Dec

HOLIDAY

New Years Day

Army Day

Martyrs Day

Easter Monday

Korite

Workers’ Day

Africa’s Day

Tabaski

Independence Day

Prophet Mohammed’s Birthday

Christmas Day

Minimum wage

In Mali, the minimum wage is government-mandated, no employee is eligible for lesser compensation than the minimum pay rate. Companies in Mali that do not meet the minimum wage requirement can be sued.

Payroll cycle

The payroll is done monthly, weekly, and bi-weekly.

Taxation

In Mali, there are now two income tax rates: 30% and 3%.

Leaves

Annual leave

A full-time worker's monthly paid leave obligation is 2.5 days monthly which is equivalent to  30-days of annual paid leave, including working weekdays and weekends. 

Maternity Leave

Female employees that have worked for 9 months are allowed a 14-week unpaid maternity leave and can receive six weeks unpaid and eight weeks unpaid leave post-birth. However, for eligibility, the employees must possess the required documents.

Paternity Leave

Male employees are entitled to  seven days of paid paternity leave.

Sick Leave

Workers are eligible for paid sick leave if they present the healthcare provider's certificate. Particular sick-leave rates are not established. 

Termination process

A company can cancel an employment contract when it ends, with or without grounds. A company may end a fixed-term agreement, but the worker is eligible for mandatory compensation under the law. Either party may stop a permanent contract with a written notice. If the company decides to end after three months of work, they must notify the Labor Inspector. The notice period length should be the same as the probation period.

Notice Period

If collective contracts lack, the duration of the notice period is: 

  • Eight days for daily or weekly paid workers.  
  • One month for monthly paid workers.
  • Two months for supervisors and transformed workers. 
  • Three months for directors and administrators. 

Severance

Workers are eligible for severance pay of 20% to 30% of the monthly payment based on the employment duration.

Probationary Period

In Mali, the probation period is six months.

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