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Seychelles has a population of 99,335 people. It has the highest GDP in Africa ($12.3 billion) and is highly dependent on fisheries and tourism. However, in terms of nominal GDP, it is ranked number 52 in Africa with a nominal GDP of $1.29 billion.
1–2 January- New Year's Day
15 April- Good Friday
16 April- Holy Saturday
18 April- Easter Monday
2 May- Labour Day
16 June -Corpus Christi
18 June- Constitution Day
29 June- Independence Day
15 August -Assumption of Mary
1 November -All Saints' Day
8 December- Feast of the Immaculate Conception
26 December- Christmas Day
Seychelles’ minimum wage rate is SR26.70 per hour and SR 30.78 per hour for casual workers.
Employees in the Seychelles are paid on a monthly basis.
13th Paygrade
The 13th month's pay is the same as the basic wage, thus it does not include any allowances, service charges, or other benefits.
The resident individual tax rates vary depending on annual income as follows;
0% - for SCR 0-8,555.50
15% for SCR 8,555.51- 10,000
20% for SCR 10,001-83,333
30% for SCR 83,333 and above
Seychelles personal income tax rate is 0% to 30% depending on a person’s income.
The income tax is paid through the Pay As You Earn (PAYE) system computed using the personal income tax rates.
Parental Leave
Every female worker is entitled to 16 weeks of fully paid maternity, four weeks before the expected date of birth and at least 12 weeks after birth. The employees are also entitled to 4 weeks of unpaid leave that might be taken either before or after birth. A three-month notice must be given to employers of the expected due date. Male employees can have at least 10 days if they prove and acknowledge paternity. This leave must be within four months of the birth. A notice eight weeks before birth with the specific leave dates two weeks in advance. Seychelles’ social security scheme pays maternity benefits. The difference between social security and maternity benefits and the employee’s full salary is paid by the employer.
The employer can terminate an employment contract with notice for disciplinary procedures. The employee must be informed in writing and allowed to respond. Disciplinary action can include termination without notice although a written copy must be offered to the employee’s union representatives.
Notice Period
Seychelles notice period follows the following guidelines:
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