Employer of record in Guatemala: costs and rules for 2026

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A Guatemalan employee on Q22,000 a month costs the employer 29.34% on top of the 12-month base, Q77,448.80 a year, and the biggest part is not a tax: it is the aguinaldo and Bono 14, two extra monthly salaries the Ministry of Labor (MINTRAB) requires, with IGSS social security at 10.67% the largest contribution. Your EOR then charges $199 (Payoneer Workforce Management (formerly Skuad)) up to $699 (Oyster) per person each month, based on October 2026 pricing pages. The usual US mistake is quoting an annual salary and dividing it by 12. In Guatemala pay comes in 14 installments, so a Q308,000 package means Q22,000 a month, not Q25,667.

An employer of record in Guatemala is a Guatemalan company that formally employs your worker, pays the aguinaldo and Bono 14 and remits IGSS, IRTRA and INTECAP contributions, while you direct the job.

Employer cost on a sample salary
29.34% over the 12-month base…on top of gross pay
Currency
GTQ
On this page

Fourteen salaries and a fixed bonus

Guatemala's cost structure is built around mandatory bonuses rather than a high contribution rate. MINTRAB lists three:

  • Aguinaldo (Decreto 76-78): one month of ordinary pay for the year running December 1 to November 30, paid in December. The law lets you pay 50% in December and 50% in January.
  • Bono 14 (Decreto 42-92): another month of ordinary pay for July 1 to June 30, based on the last 12 months' average.
  • Incentive bonus (Decreto 37-2001): Q250 a month on top of salary.

Contributions total 12.67% according to Deloitte. IGSS is 10.67% (IGSS service portfolio 2025); our data assigns the other 2 points to IRTRA and INTECAP at 1% each, a split inferred from Deloitte's total. IGSS states no ceiling. The employee pays 4.83% to the IGSS.

Minimum wages differ by zone and sector. In the Department of Guatemala, non-farm work pays Q131.58 a day, Q4,002.28 a month, plus the Q250 incentive bonus (Q4,252.28). In the rest of the country non-farm work is Q3,816.90 a month plus Q250. Farm and maquila rates are lower. The MINTRAB page does not name the 2026 acuerdo or its effective date.

Guatemala's leave, holiday count, probation, notice, pay frequency and dismissal compensation are not yet confirmed from an official source in our data. Before you sign, ask the EOR how it budgets for dismissal pay, and check the terms with MINTRAB.

Employment costs and rules in Guatemala

Employing someone in Guatemala: the rules and costs
ItemGuatemala
Employer social contributions12.67% (IGSS 10.67% + IRTRA 1% + INTECAP 1%)
What the employer paysIGSS social security 10.67% employer (IGSS service portfolio 2025); IRTRA and INTECAP 1% each (implied by Deloitte's 12.67% total)
Caps and ceilingsNo ceiling stated by IGSS
Employee contributions4.83% (IGSS)
Minimum wageDepartment of Guatemala (CE1): non-farm Q131.58/day, Q4,002.28/mo plus Q250 incentive bonus (Q4,252.28); farm Q3,791.20/mo; export and maquila Q3,409.73/mo. Rest of country (CE2): non-farm Q3,816.90/mo; farm Q3,625.89/mo; maquila Q3,221.10/mo (each plus Q250)
Mandatory bonusesAguinaldo: one month's ordinary pay per year (Dec 1 to Nov 30), paid in December (Decreto 76-78; the page also shows a split payment, first half of December and first half of January); Bono 14: one month's ordinary pay per year (Jul 1 to Jun 30), based on the last 12 months' average (Decreto 42-92); Incentive bonus Q250/mo (Decreto 37-2001)
Sample salary usedGTQ 308,000 per year (Q22,000/mo x 14 including aguinaldo and Bono 14), about USD 40,000 at an assumed 7.70 GTQ/USD (rate not fetched)
Employer cost on that salary29.34% over the 12-month base of GTQ 264,000 (12.67% x 264,000 = 33,448.80 + aguinaldo and Bono 14 = 44,000; total 77,448.80); severance reserve (about 8.33% to 11.1%) extra

Checked October 16, 2026. Source type: official (Ministry of Labor) for minimum wage, aguinaldo and Bono 14; secondary (Deloitte) for 12.67% and 4.83%. Sources are listed at the end of this page.

What an EOR charges to employ someone in Guatemala

What EOR providers charge (published list prices)
ProviderEOR fee per employee per monthDepositEntity model (provider claim)
Payoneer Workforce Managementfrom $199None listedClaims owned entities across APAC, MEA, Europe and the Americas
Pebl$399Not listedAbout 90% of employees on Pebl-owned entities
Playrollfrom $399One month's salary per employee, refundableNo clear owned-entity claim
Rivermate$319 to $639Not statedClaims 38 owned entities
Multiplier$459 (annual) or $499 (monthly)Sized from costs, fees and notice period (method published, no fixed amount)Claims owned entities in 160+ countries
Rippling EORQuote only (third-party reference: $499)Not listedClaims Rippling entities; no partner mention
Deel$599Not stated by DeelClaims owned entities in 130+ countries
Remotefrom $599Waived for startups; otherwise not statedClaims 100% owned entities in 90+ countries
Atlasfrom $599Not publishedClaims owned entities in 160+ countries
Papaya Globalfrom $650Refundable deposit, amount not statedUses in-country partners
Oyster$699At least one month of total service cost, refundable (per its terms)Owned entities and partners
Globalization Partners (G-P)Quote onlyNot statedInformation page claims 100+ wholly owned entities

Source: each provider’s pricing page, checked October 16, 2026. Fees are the provider’s charge on top of salary and the employer contributions above. Some providers adjust prices by country.

Q308,000 a year: the worked example

The sample package is Q308,000 a year, paid as Q22,000 x 14. countries.csv puts that at about USD 40,000 using an assumed 7.70 GTQ per USD (the rate was not fetched).

Guatemala: yearly employer cost on Q22,000 a month
LineBasisPer year
Base salary, 12 monthsQ22,000 x 12Q264,000
Aguinaldo (December)one monthQ22,000
Bono 14 (July)one monthQ22,000
IGSS social security10.67% of Q264,000Q28,168.80
IRTRA1% of Q264,000Q2,640.00
INTECAP1% of Q264,000Q2,640.00
Employer cost before incentive bonus and feeQ341,448.80
Incentive bonus (Decreto 37-2001)Q250 x 12Q3,000.00
EOR fee at $599 a month$599 x 12$7,188

Source: Ministry of Labor (MINTRAB) pages for aguinaldo, Bono 14 and the incentive bonus; Deloitte Guatemala Highlights 2026 for the 12.67% employer total; the $599 row is the Deel and Remote list price on Oct 16, 2026. The fee stays in USD because the GTQ rate was not read from an official source.

Line by line: 10.67% x Q264,000 = Q28,168.80, and IRTRA and INTECAP are Q2,640 each, for Q33,448.80 (12.67%). Following countries.csv, contributions are charged on the 12-month base and not on the two bonuses. Adding aguinaldo and Bono 14 (Q44,000) gives Q77,448.80, which is 29.34% of Q264,000. The Q250 incentive bonus adds Q3,000 a year and lifts the on-cost to Q80,448.80, or 30.47%; whether the Q250 sits inside or on top of the Q22,000 depends on how the contract is written, so ask.

The provider fee is a separate dollar bill: $7,188 a year at $599, $2,388 at $199 (Payoneer WFM), $4,788 at $399 (Pebl, Playroll) and $8,388 at $699 (Oyster). Dismissal pay is not in the table. Try your own figures in the international hiring cost calculator.

Which EOR for a Guatemala hire

Multiplier, at 79, and Oyster, at 64, are the two best performers in our scoring. In a country where two bonus months land in July and December, on-time pay is the thing to test. Oyster reviewers on Trustpilot describe held wages (July 29, 2026) and a SWIFT payment about 20 days late (April 2, 2026); Remote's visible reviews include praise for on-time pay, though we could not check its low-star reviews. Ask each provider for its Guatemala pay date and how it funds the aguinaldo.

Read the Oyster review, Remote review and Deel review, or the best EOR comparison.

Contractors in Guatemala

A Guatemalan contractor paid Q22,000 a month carries no aguinaldo, no Bono 14 and no IGSS, which saves Q77,448.80 a year against the employee in the table. That gap is also the exposure: a full-time contractor who works only for you may be treated as an employee, and the back pay includes both bonus months. Use a contractor management tool for real project work, or a contractor of record if you want the classification risk shared.

A Guatemalan entity versus an EOR

Your own company means IGSS registration, bonus accruals and a local payroll provider. At $599 a month, three hires cost $21,564 a year in EOR fees. If you plan to grow past that, our entity versus EOR guide lays out the trade. Nearby markets to compare are El Salvador and Honduras.

Frequently asked questions

How much does an employer of record cost in Guatemala?
A provider charges $199 (Payoneer Workforce Management (formerly Skuad)) to $699 (Oyster) a month at October 2026 prices. On a Q22,000 monthly salary, the employer also pays Q77,448.80 a year in aguinaldo, Bono 14 and 12.67% contributions, plus Q3,000 in incentive bonus.
What is Bono 14 in Guatemala?
Bono 14 is a mandatory extra month of ordinary pay under Decreto 42-92, earned from July 1 to June 30 and based on the last 12 months' average pay, according to the Ministry of Labor (MINTRAB).
When is the aguinaldo paid in Guatemala?
The aguinaldo, one month of ordinary pay under Decreto 76-78, covers December 1 to November 30 and is paid in December. MINTRAB notes the law allows 50% in December and 50% in January.
What are employer contributions in Guatemala?
12.67% in total according to Deloitte: IGSS social security 10.67%, with the remaining 2 points split 1% each to IRTRA and INTECAP. IGSS states no ceiling. Employees pay 4.83% to the IGSS.
What is the minimum wage in Guatemala City in 2026?
For non-farm work in the Department of Guatemala, MINTRAB lists Q131.58 a day or Q4,002.28 a month, plus the Q250 incentive bonus, for Q4,252.28. Other zones and sectors have lower rates.
Sources (15)
  1. Payoneer Workforce Management (formerly Skuad): Skuad pricing (checked Oct 16, 2026)
  2. Pebl: Pebl EOR pricing (checked Oct 16, 2026)
  3. Playroll: Playroll pricing (checked Oct 16, 2026)
  4. Multiplier: Multiplier pricing (checked Oct 16, 2026)
  5. Deel: Deel pricing (checked Oct 16, 2026)
  6. Remote: Remote pricing (checked Oct 16, 2026)
  7. Oyster: Oyster pricing (checked Oct 16, 2026)
  8. Trustpilot: Oyster HR reviews (checked Oct 16, 2026)
  9. Trustpilot: Remote reviews (checked Oct 16, 2026)
  10. mintrabajo.gob.gt/?page_id=1404 (checked October 16, 2026)
  11. mintrabajo.gob.gt/?page_id=1237 (checked October 16, 2026)
  12. mintrabajo.gob.gt/?page_id=1389 (checked October 16, 2026)
  13. deloitte.com/content/dam/assets-shared/docs/services/tax/2026/dttl-... (checked October 16, 2026)
  14. igssgt.org/wp-content/uploads/2025/11/Portafolio-de-Servicios-IGSS-... (checked October 16, 2026)
  15. banguat.gob.gt/cambio/tc/tccc.asp (checked October 16, 2026)

This page is general information, not tax, legal or accounting advice. Rules and rates change, so check the official source linked above before you file or sign a contract. Read our disclaimer.

Checked Oct 17See Multiplier pricing on Multiplier’s site