Free Webinar: Learn everything you need to know about building a team in India. Register now

hire in Peru

Peru PEO &
Employer of Record

SALARY PAYMENT IN Peruvian Sol (PEN) 

CONTRACT LANGUAGES Spanish  / English

PAYROLL TAX 9.00%

PAYROLL CYCLE Monthly

TIME TO HIRE 24 hours

Hire and pay talents
with Horizons in
180+ countries

Simple, compliant hiring with Horizons PEO

Hire in Peru

Horizons ensures day-to-day guidance to help your business navigate Peru labor laws and regulations. Horizons also ensures Peru payroll is processed on time, and that taxes are withheld as required.

As the Peru Employer of Record, Horizons is responsible for employee income tax withholding, payment of payroll taxes to state authorities, and submission of tax returns to the Peru Tax Office. 

Partnering with our Peru PEO is the quickest and most cost-effective way to enter the Peru market.

Facts & Stats

PEO Platform Hire in Peru, and pay employees through our platform or app. PEO Cost Our Peru PEO solution is the most affordable on the market. Time-to-hire Fast onboarding in Peru, hire in as little as 24 hours.
Contracts We draft labor contracts compliant with Peruvian labor law. Local Benefits We administer all mandatory benefits and contributions in Peru. 180+ Countries It doesn’t stop with Peru — we are an international PEO
stay compliant with Peru labor laws

Employment Laws

Employment contracts in Peru

Employment contracts in Peru can technically be either oral or written, but we strongly recommend using written contracts for all employees. These contracts should include any relevant details of employment, such as benefits, salary, working hours, and so on. They should also be written in Spanish and use the Peruvian sol as currency.

Fixed-term
Probationary period3 months (standard)
Termination notice period

6 days: employer notice to employee

30 days: employee notice to employer

SeveranceNot required, except in cases of unjust termination (up to 12 months’ salary)
Indefinite
Probationary period3 months (standard)
Termination notice period

6 days: employer notice to employee

30 days: employee notice to employer

SeveranceNot required, except in cases of unjust termination (up to 12 months’ salary)

Working hours in Peru

A normal working week in Peru is a maximum of 48 hours long. Overtime is generally 1.25x normal salary.

Hire compliantly in Peru without a local entity.

Quick, compliant hiring in 24 hours—no subsidiary required.

Public holidays in Peru

Peru celebrates several major public holidays. Most employees receive the following days off work:

Peru has a range of national public holidays that are celebrated annually. In 2024 these holidays are:

DateHoliday name
1 Jan, 2024New Year’s Day
28 Mar, 2024Maundy Thursday
29 Mar, 2024Good Friday
1 May, 2024Labor Day / May Day
29 Jun, 2024St Peter and St Paul
28 Jul, 2024Independence Day
29 Jul, 2024Independence Day (day 2)
30 Aug, 2024Santa Rosa De Lima
8 Oct, 2024Battle of Angamos
1 Nov, 2024All Saints’ Day
8 Dec, 2024Feast of the Immaculate Conception
9 Dec, 2024Battle of Ayacucho
25 Dec, 2024Christmas Day

Peru vacation leave

Employees in Peru are usually entitled to 30 days of paid vacation leave annually.

Peru sick leave

Employees in Peru are entitled to five days of paid sick leave annually, but some employers choose to offer more.

Maternity and paternity leave in Peru

Female employees in Peru are entitled to 14 weeks of paid maternity leave, with half to be taken before they give birth and half after.

Male employees are entitled to ten days of paid leave.

Taxation in Peru

Employers and employees in Peru must both make mandatory contributions to various social funds. Employers must contribute 9% of salaries to the health service (RPS), but can receive some of this back if they choose to provide private insurance as well. They must also contribute 11.5% to funds that cover things like pensions, disability insurance, and more. Some employers also need to pay for workplace accident insurance.

Employees must contribute 13% of salary to the national pension system, or choose to use a private pension.

Health coverage in Peru

Peru does have a public healthcare system, but many people in the country also use private services. For this reason, many employers choose to offer private medical insurance as a benefit to workers.

Terminations and severance payments in Peru

Employees in Peru are entitled to between six and 30 days of notice prior to termination. The exact length depends on the circumstances of termination. For termination without proper cause, employees are generally entitled to a severance payment of roughly one and a half months of pay for every year of service, up to one year of pay.

Probation periods can be up to one year in length.

hassle-free Peru compensation & benefits

Compensation & Benefits

Compensation Laws in Peru

The minimum wage in Peru is PEN 1,025 per month for full-time workers.

Minimum Wage Country Comparison Chart (Per month in USD)
Switzerland (Geneva) $4,000
Italy $2,255
Australia $1996
Algeria $156
Uzbekistan $22
Benefit management in Peru

It is common for employers in Peru to offer benefits packages to their workers. However, establishing a benefits system in Peru can be complicated, especially if you are unfamiliar with the country’s unique set of labor laws and administrative procedures.

At Horizons, we specialize in building and running Peruvian employee benefits systems. We’ll handle everything, using our experience to ensure you are ready to commence your Peru operation as quickly as possible.

Hire in Peru in 24h
without your own local entity.

With Horizons, you get quick service, transparent pricing, and expert support.

FAQs

A Peru PEO and a Peru EOR are two types of companies which specialize in providing human resources services to businesses in Peru.

The main difference between a Peru PEO and a Peru EOR is in the scope of their services.

Peru PEOs provide a full range of HR services, including payroll, benefits administration, and employee recruiting—all under one roof as a co-employer. Engaging a Peru PEO is essentially outsourcing your HR duties in Peru.

Peru EORs actually take over as the legal employer of your employees based abroad. Peru EORs become responsible for labor compliance for your employees in Peru.

At Horizons, we offer both PEO and EOR services in Peru. Get in touch now and let us know what service you are seeking.

A PEO in Peru can feasibly hire both local and foreign nationals to work in Peru.

However, the ability of Horizons to sponsor your foreign national employee in Peru may be limited due to visa quotas practiced in many countries.

Contact us with your requirements and our Global Mobility team with review the case and get back to you within 2 business days.

In most cases, Horizons’ Peru PEO can hire & onboard your employee within 24 hours. The actual start date of the employee will depend on their notice period obligation to their previous employer as well as any relevant hiring rules in Peru.

It is possible to get a work visa in Peru. Horizons’ Global Mobility team is a dedicated team of work visa experts. They assess the details of each case to determine feasibility and costs before Horizons applies for the work visa on behalf of your employee. If the Global Mobility team determines that your case is feasible, the process is smooth and transparent. Visa spots in Peru are limited, however—get started today to secure your employees’ visa spot.