Georgian Lari (GEL)
Georgian Lari (GEL)
Georgia or Sakartvelo, a country in the Caucasus region of Eurasia, stands as an emerging figure in the global IT landscape. Its unique geographical location at the crossroads of Europe and Asia makes it an attractive spot for business and technological advancements.
Tbilisi, the capital, is becoming the heart of Georgia's technological innovation, hosting an increasing number of tech events, startup accelerators, and R&D initiatives. This vibrant city attracts a diverse group of tech talents skilled in various sectors, from software development to digital communications, contributing to a dynamic tech ecosystem.
The Georgian IT sector, though still in the early stages of development, is gaining momentum, driven by a government committed to digital transformation, an improving educational system, and increasing interest from foreign investors recognizing the country's potential.
Georgia's advantageous geopolitical position, coupled with its growing emphasis on innovation and technology, is gradually establishing it as a noteworthy destination for businesses seeking emerging markets for software development services. The country's dedication to tech evolution, supported by an increasing pool of tech enthusiasts and a developing IT sector, marks Georgia as an up-and-coming hub for technology investments and collaborations.
ALLSTARSIT takes care of everything for you – we have a 360° approach with a full recruitment cycle
In Georgia, the payroll cycle typically follows a monthly schedule, with salary payments issued on a consistent day each month, no later than the final working day of that month.
Any work conducted beyond the standard weekly working hours qualifies as overtime, the specifics of which are governed by employment contracts or collective agreements. There are established limits on the amount of overtime an employee can work, particularly when it involves working on holidays, with the cap set at 48 hours per week. Separate maximum working hour restrictions are in place for underage workers.
Compensation for overtime that exceeds 48 hours a week is set at 150.00% of the employee's standard salary rate.
Full-time employees are entitled to 24 working days of annual leave each year.
Those employed in hazardous positions may qualify for an extra 10 paid calendar days off annually.
After completing 11 months of continuous service with the same employer, employees become eligible for an additional 15 days of unpaid holiday leave.
If taking all entitled leave within the current year is assessed to adversely affect business operations, employees are allowed to carry over unused leave days into the following year, but this cannot extend beyond two consecutive years. Employee agreement is required before implementing such carryovers.
Employers are required to continue regular salary payments in cases of temporary incapacity for up to 40 continuous calendar days, or for a total incapacity not exceeding 60 calendar days within a 6-month span.
To qualify for these payments during leave, employees must provide a sickness certificate from an authorized medical professional starting from the first day of absence.
Public and Provincial Holidays
Both employer and employee are obligated to provide a 30-day calendar notice for termination. During the probation period, however, no notice is mandated.
Any notice given must be documented in writing.
13th Month Bonus
In Georgia, there's no legal obligation for a 13th-month salary. Nonetheless, employers have the latitude to award bonuses as they see fit.
Setting up a separate business entity in every location where you plan to hire employees or a team is time-consuming and incurs high legal fees.
At the same time, navigating local labor laws and adhering to employee expectations can be a complex and challenging task, as is finding accurate and up-to-date employment information for all your potential hiring locations. Not to mention that tracking invoices and managing employee contracts through email and spreadsheets is messy and error-prone.
Compliance is critical in this context, and we must ensure that we follow local guidelines, particularly regarding taxes and legalities.
ALLSTARSIT streamlines the process by offering an integrated solution for finding and hiring employees, managing HR and payroll, and automating compliance across 20+ countries. All simple and hassle-free.
Choose the right expert professionals required for your specific project, saving time and wasted effort.
This service enables software development companies worldwide to meet any technical needs outside their core skill set by adding specialized staff on demand while retaining control of the project's specifications and scope.
Establish R&D / Tech Support / QA & Testing / DevOps / Data Entry Centers in your chosen location.
Forget about investing in facilities, equipment, technology, or human resources. We manage all necessary operations as your specialist. This can help you save money and resources, all while reducing frustration and simplifying internal processes.
Use ALLSTARSIT as your EOR / CM to easily hire employees in new countries without setting up a legal entity.
We act as the employer for your new hire, handling all HR, payroll, tax, and compliance requirements on your behalf, while you maintain control of their workload.
Tap into a wide talent pool of top-tier engineers from our database. We will find the right fit for your business and help you reduce your hiring timeline.
Attract, hire, and retain top talent, building a motivated workforce that drives your business forward.
Managing tech equipment
Retention and risk analysis
Compensation revision & expense returns
1:1 meetings (180-degree)
Performance reviews & periodic surveys
Ongoing client and expert support
Expand your business globally and hire employees or contractors quickly and efficiently by partnering with ALLSTARSIT, who can act as your EOR/CM and handle the administrative and legal aspects of their employment while you control their workload.
Improve your employees' well-being and job satisfaction by offering them a range of corporate benefits through ALLSTARSIT, including wellness consultant sessions, music lessons, workations, gym compensation, and employee recognition programs.
Keep track of your team's progress and satisfaction with ALLSTARSIT's monthly reports and periodic surveys, allowing you to identify any issues and make necessary adjustments to retain top talent.
Enhance your employees' working experience by offering them the possibility of working from an office or securing a seat in a premium co-working space shared area through ALLSTARSIT.
Simplify your HR operations and ensure your employees receive timely and accurate paychecks with ALLSTARSIT's comprehensive payroll solution.
Increase your employees' satisfaction and productivity by providing them with the peace of mind that comes with having access to a reliable and comprehensive health insurance package made possible by ALLSTARSIT.
Invest in your employees' professional development by implementing a comprehensive L&D program that includes access to online education platforms, language classes, and technical meetups, courtesy of ALLSTARSIT.
Build a Customer Care or a Customer Support team to ensure that your business excels in providing exceptional assistance to your customers.
Whether you need a team of professionals that can handle relationship building and product knowledge or a group of Tier 1/2/3 engineers that can help with troubleshooting and other technical issues, ALLSTARSIT can help you find, hire and manage them.