Guide to Doing Business
The Minimum Wages Act (Wet minimum uurloon) determines the minimum hourly wage that an employee is entitled to as of 10 July 2019, the minimum hourly wage for an employee of 21 years or older is SRD 8,40. The minimum hourly wage is subject to annual change by the government of Suriname. The employer is required to pay employees a salary which at least corresponds with the minimum wage. Aside from the minimum wages, salaries do not have to be adjusted periodically, unless this has been agreed upon between parties.