Cayman Islands
Cayman Islands Dollar · CI$
The Cayman Islands has no personal income tax, making payroll relatively simple. Employers must provide mandatory pension contributions (5% employer, 5% employee) and health insurance while ensuring compliance with WORC employment regulations.
Country Quick Facts
Financial Calculators
Calculate statutory deductions, contributions, and obligations for Cayman Islands.
Pension Contribution Calculator
Calculate mandatory pension contributions
Monthly Salary
CI$5,000.00
Mandatory pension contributions under the National Pensions Law.
Employer Contribution
CI$250.00
5% of salary
Employee Contribution
CI$250.00
5% of salary
Total Contribution
CI$500.00
10% combined
*Note: This pension calculation is an estimate. For exact payroll and pension compliance calculations, please visit the official government website.
Country Overview
Key employment regulations and payroll requirements at a glance.
Minimum Wage
CI$8.75 / hour (CI$6.56/hour for tipped/gratuity-scheme service employees)
Payroll Cycle
Monthly
Income Tax
Not applicable
Social Security
Not applicable
Mandatory Pension
10% total (5% employer + 5% employee)
Health Insurance
Mandatory, employer covers minimum 50%
Employment Contract
Written contract recommended
Payslip
Required
Government Filing
Monthly statutory submissions
Leave & Labour Compliance
Employment terms and leave entitlements for Cayman Islands.
Annual Leave
Cayman Islands statutory entitlement
10
days
Compliance Highlights
- Employees are entitled to 10 days of annual leave after completing the qualifying service period.
- Employees can receive up to 10 days of paid sick leave with a valid medical certificate.
- Eligible employees are entitled to 12 weeks of maternity leave.
- Fathers are entitled to 20 working days of paternity leave (10 days on normal pay, the remainder unpaid).
- Employees observe 12 public holidays each year.
- A 6-month probation period is commonly applied.
- Notice periods generally range from 1 to 2 weeks, depending on service length.
- The standard work schedule is 45 hours per week.
- Overtime is generally compensated at 1.5 times the regular hourly rate.
- Employers should provide a written employment contract outlining terms and conditions.
Government Registrations
Required registrations and regulatory authorities for Cayman Islands.
Employer Registration
Department of Employment Relations
Tax Authority
N/A - No income tax
Pension Authority
National Pensions Fund
Insurance Authority
Health Insurance Authority
Labour Department
Department of Employment Relations
Submission Frequency
Monthly
Online Portal
Ready to run HR the right way?
Book a 30-minute demo and see how HR HUB Pro works for your business.