【Overview of Labor Cost in Bangladesh】
Although the labor cost in Bangladesh is generally in the low level, but it is still increasing. According to the research of Statistical Office, the salary increases 18.9% compared with the last year. No matter the city area or country area, the price level has increased because of the increasing of salaries. The followings are the salary examples of different occupations in Dhaka.
Occupations monthly salary (BDT)
Middle managers 26,102
Store staff of apparel 3,000~6,000
Staff of non-manufacturing industry 23,000
Store staff of restaurant 2,000~12,000
Managers of non-manufacturing industry 66,250
The allowances in Bangladesh include house rent allowance, conveyance allowance and medical allowance. The three allowances are tax-deductible and it is always paid at the upper limit of tax-deductible. Except the three allowances, if the basic salary below 200,000Tk is also tax deductible. For the females and elder people, the limit is 250,000Tk.
【Our Payroll Services in Bangladesh】
In the management of a corporation, the most important is the cost down. It is possible to reduce the cost of corporations using our payroll services. The costs reduced include the following costs.
① The labor cost of human resources
② The labor cost of system managers
③ The response to reviews of laws and regulations related to labor
④ The employment and training of capable persons who will be the successors
⑤ To increase staffs for the temporarily busy period
【The classifications of payroll services】
① Payroll and a year-end tax adjustment
② Management of human resource database
③ Human resource work
To learn more about our incorporation assistance and a range of services of payroll in Bangladesh, send us a message or call us at +81-3-5369-2930.