Easily manage employment in

Nicaragua
nicaragua flag

Make employment in Nicaragua easy. Let us handle payroll, benefits, taxes, compliance, and even stock options for your team in Nicaragua, all in one easy-to-use platform.

Services available in this country:
Employer of Record ProductContractor Management
  • Capital City

    Managua

  • Currency

    Nicaraguan córdoba (C$, NIO)

  • Languages

    Spanish and English

  • Population size

    6,486,201

Services available in this country:
Employer of Record ProductContractor Management
An aerial view of a church near the ocean.
Grow your teamTaxesTypes of leaveEmployment Termination

Employment termination in Nicaragua

Termination process

Any decision to dismiss an employee must be approved by the Nicaraguan labor inspection authorities & the worker in question must be paid any accrued vacation and annual bonuses.

Notice period

Workers should be notified 15 days in advance before they’re dismissed.

Severance pay

Employees who’re dismissed without just cause are entitled to severance benefits calculated as one month’s salary for the first three years, plus 20 days wages for each following year.

Under Nicaraguan law, severance payments are capped at five months’ wages.

Probation periods

Nicaraguan law limits probations to 30 days and either party can end the employment agreement without notice.