G-P’s Employer of Record (EOR) model allows your company to start hiring talent in minutes via our global entity infrastructure. Unlike a Professional Employer Organization (PEO), G-P allows your company to expand your global footprint without the hassle of entity setup and management.
Our global employment products, including G-P Meridian Prime™ and G-P Meridian Core™, are backed by the largest team of HR and legal experts in the industry. We handle the growing complexities of compliant global expansion — so you can focus on opportunities ahead.
As a global EOR expert, we manage payroll, employment contract best practices, statutory and market norm benefits, employee expenses, as well as severance and termination. You’ll have peace of mind knowing you have a team of dedicated employment experts assisting with every hire. G-P allows you to harness the talent of the brightest people in 180+ countries around the world, quickly and easily.
Hiring in Nigeria
Nigeria is located in West Africa on the Gulf of Guinea and is the most populous country in Africa. The country’s official language is English. When negotiating terms of an employment contract and offer letter with an employee in Nigeria, it may be useful to keep the following in mind.
Employment contracts in Nigeria
Fixed-term contracts are permitted in Nigeria.
It is legally required to put a written employment contract in place in Nigeria, in the local language, which spells out the terms of the employee’s compensation, benefits, and termination requirements. An offer letter and employment contract in Nigeria should always state the salary and any compensation amounts in Nigerian naira rather than another currency.
Working hours in Nigeria
The labor law requires a 24-hour rest period every 7 days and 1-hour break per 6 hours of work.
Holidays in Nigeria
Nigeria celebrates the following public holidays:
- New Year’s Day
- Good Friday
- Easter Monday
- Labor Day
- Democracy Day
- Id el Fitri
- Id el Kabir
- National Day
- Id el Moulud
- Christmas Day
- Boxing Day
Vacation days in Nigeria
Employees in Nigeria are generally entitled to 6 days of paid annual leave after 1 year of employment.
Nigeria sick leave
In general, employees are entitled to 12 days of paid sick leave per year.
Maternity/paternity leave in Nigeria
Expecting employees are generally entitled to 12 weeks of maternity leave at 50% of pay.
Health insurance in Nigeria
It’s mandatory to provide healthcare to employees in Nigeria. Life insurance is also mandatory in Nigeria.
Nigeria supplementary benefits
Common benefits in Nigeria include:
- Pension plans
- Car allowance
- Mobile phone
- Private insurance
Bonuses
Some companies pay a 13th-month bonus, but it is not statutorily required. Annual bonuses and performance-based bonuses are common in Nigeria.
Termination/severance in Nigeria
In general, employers should provide written notice of dismissal and give the employee an opportunity for defense.
Probationary periods of up to 3 months, or longer if negotiated, are permitted. There is no statutory severance pay.
Paying taxes in Nigeria
Employees who make more than NGN 3,000 contribute 2.5% of their wages to the National Housing Fund.
Contributory pension scheme:
- Employers contribute at least 10% of employee monthly emolument.
- Employees contribute at least 8% of monthly emolument.
Why G-P?
At G-P, we help companies unlock the power of the everywhere workforce through our industry-leading global employment platform. Let us handle the complex and costly tasks involved in finding, hiring, onboarding, and paying your team members, anywhere in the world, with the speed and guaranteed global compliance your business needs.
Contact us today to learn more.