Hiring in Bangladesh
A relatively young country with a rich and diverse past, Bangladesh was founded after the partition of India in 1947. Since then, Bangladesh has faced many issues related to poverty and lack of development, but this is slowly changing as the economy transitions from agriculture and manufacturing to the tertiary sector, all backed up by an emerging middle class.
Despite Bangladesh’s limited size, it boasts the world’s eighth largest population (over 160 million).
English is widely spoken, making Bangladesh a popular nation for call centres and service-based business. Hiring practices and employment law are improving, but agreements are still often piecemeal or offered on an informal basis.
The Bangladeshi government is keen to leverage an increasingly skilled workforce, so there are lots of incentives for foreign investment, especially around IT, communications, manufacturing and finance.
Why use TopSource Worldwide in Bangladesh?
We free your teams from the burden of managing payroll across borders, working diligently to ensure a seamless process across all activities.
We’ll manage the data flow from you to every local market and will return data to you in a readable format for each of your key teams, including payroll journals if needed.
Our services combine process excellence with a human-centric approach, and our top priority is always the care and compliance of your payroll — no matter where in the world you operate.
- Leverage our experience and ensure in-country Payroll compliance.
- Reduce processing and back office time.
- Align processes, reducing complexity and risk
- A single, centrally managed payroll system that delivers a fluid and consistent service to you and your employees.
- Flexibility of service — adapting to your needs, regardless of the market.
- The option to work with other providers you already have in place, if needed.
- Global HR data management and data tracking where required.
- Global payments support for both employees and authorities.
- A dedicated team and account manager so that you always have a central point of contact
What TopSource Worldwide provides in Bangladesh
- Simplicity – we provide one monthly consolidated invoice for the services provided inclusive of salaries, taxes, fees and employee expenses. This reduces banking costs and your finance teams time spent.
- One point of contact – a single Account manager looking after all your Payroll.
- Compliance – all funds payable to the employee are processed through payroll. You receive monthly evidence of taxation paid to the competent authorities in country.
- All services are provided by in-country experts that are professionally qualified in their respective fields.
- Electronic payslips for all employees.
- All Statutory filing completed by TopSource Worldwide.
We appreciate each situation and business is different. That is why we offer a consultative and bespoke solution to every client. We know one size does not ‘fit all’.
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