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NOVEMBER 21, 2023
Salaries are often negotiated based on the cost of living in the city, and factors such as housing allowances and bonuses are common components of packages. Understanding the local salary benchmarks for your role and industry is crucial for effective negotiation. The tax rates are progressive, with the maximum rate capped at 17%.
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APRIL 1, 2024
Additionally, Lebanon has a relatively high unemployment rate, which stood at around 25% as of recent data, making it crucial for businesses to attract and retain skilled talent. It’s essential for candidates to conduct research on salary benchmarks and industry standards to negotiate effectively.
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JANUARY 11, 2024
Employers are required to compensate employees for overtime at a higher rate, and employees have the right to refuse overtime in certain circumstances. Overtime: Overtime work is subject to additional payment, usually at a higher rate than regular working hours. These incentives can include reduced tax rates or exemptions.
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DECEMBER 11, 2023
Workmen’s Compensation Act: This Act outlines the compensation for employees who suffer from work-related injuries or diseases during the course of employment. Occupational Safety and Health Act: The Act focuses on ensuring the safety and health of employees at the workplace.
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JANUARY 25, 2024
Government Initiatives: Staying informed about government initiatives related to employment and workforce development is essential. Employers should be aware of any incentives, training programs, or policies that could impact hiring decisions. Pension Contributions: Some employers may offer pension schemes to their employees.
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DECEMBER 5, 2023
Employers are required to pay at least the minimum wage to their employees. The employment relationship automatically terminates at the end of the agreed-upon term. Employers must ensure that their employees are paid at least the minimum wage, which varies depending on the region.
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DECEMBER 17, 2023
Employers are required to pay at least the minimum wage to their employees. Contracts and Probation: Employment contracts are mandatory, and they should be in writing. Probation periods are allowed, during which both employers and employees have the right to terminate the contract without prior notice.
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