# Employer of record (EOR) in Bermuda: costs and regulations

> Machine-readable page from EOR Select (https://eorselect.com/), the data-driven employer of record comparison site.
> Canonical page: https://eorselect.com/countries/bermuda/
> Scoring: every provider runs the same transparent AI rating system, documented at https://eorselect.com/methodology/ and built by Robbin Schuchmann.
> Disclosure: EOR Select is free to use. We may earn a referral fee from some providers; this never affects a score or ranking position (https://eorselect.com/disclosure/).
> Every figure below carries its source and reference date. Values come from primary and harmonized statistical sources (OECD, ILO, World Bank, national governments and others), resolved by a documented priority chain.
> Data last verified: 2026-09-17

Bermuda: ISO BM, region Americas, currency BMD (Bermudian dollar), languages English. 10 EOR providers on record cover Bermuda.

Employer burden: Bermuda ranks #135 of 192 in the Global Employer Burden Index 2026 (Employ Borderless, DOI 10.5281/zenodo.21211464, https://employborderless.com/hiring-intelligence/employer-burden-index/).

## Employment and pay

| Fact | Value | Source | As of |
|---|---:|---|---|
| Minimum wage | 2,968/mo | National government | 2025-09-01 |
| Statutory weekly hours | 40 hrs/wk | National government | 2026-09-12 |
| Actual weekly hours | 42 hrs/wk | ILOSTAT | 2010-01-01 |

## Cost and taxes

| Fact | Value | Source | As of |
|---|---:|---|---|
| Employer social security | 5% | ISSA Country Profiles | 2024-01-01 |
| Employee social security | 5% | ISSA Country Profiles | 2024-01-01 |
| Corporate tax | 15% | PwC Worldwide Tax Summaries | 2026-02-19 |

## Termination

| Fact | Value | Source | As of |
|---|---:|---|---|
| Severance | 10.7 weeks | National government | 2026-09-12 |
| Notice period | 4.3 weeks | National government | 2026-09-12 |

## Leave

| Fact | Value | Source | As of |
|---|---:|---|---|
| Maternity leave | 13 weeks | National government | 2026-09-12 |
| Paternity leave | 0.7 weeks | National government | 2026-09-12 |
| Annual leave (minimum, once eligible) | 10 | National government | 2026-09-12 |
| Public holidays | 10 | National government | 2026-01-01 |

## Labour market

| Fact | Value | Source | As of |
|---|---:|---|---|
| GDP per capita | $142,250 | World Bank Open Data | 2024-01-01 |
| GNI per capita | $139,370 | World Bank Open Data | 2024-01-01 |
| Union density | 21.9% | ILOSTAT | 2018-01-01 |
| Retirement age | 65 yrs | National government | 2026-09-12 |

## EOR providers in Bermuda

The providers that operate an EOR in Bermuda, ranked by Select Score, with each provider's lowest published EOR rate.

| # | Provider | Select Score | EOR from | Markdown profile |
|---:|---|---:|---:|---|
| 1 | [Pebl (formerly Velocity Global)](https://eorselect.com/providers/pebl/) | 80/100 | from $399/mo | https://eorselect.com/providers/pebl.md |
| 2 | [Deel](https://eorselect.com/providers/deel/) | 73/100 | from $599/mo | https://eorselect.com/providers/deel.md |
| 3 | [Borderless AI](https://eorselect.com/providers/borderless-ai/) | 71/100 | from $579/mo | https://eorselect.com/providers/borderless-ai.md |
| 4 | [Papaya Global](https://eorselect.com/providers/papaya-global/) | 68/100 | from $499/mo | https://eorselect.com/providers/papaya-global.md |
| 5 | [Thera](https://eorselect.com/providers/thera/) | 65/100 | — | https://eorselect.com/providers/thera.md |
| 6 | [Mauve Group](https://eorselect.com/providers/mauve-group/) | 65/100 | — | https://eorselect.com/providers/mauve-group.md |
| 7 | [Oyster](https://eorselect.com/providers/oyster/) | 65/100 | from $699/mo | https://eorselect.com/providers/oyster.md |
| 8 | [Signature Back Office Solutions](https://eorselect.com/providers/signature-back-office-solutions/) | 64/100 | — | https://eorselect.com/providers/signature-back-office-solutions.md |
| 9 | [Express Global Employment](https://eorselect.com/providers/express-global-employment/) | 62/100 | — | https://eorselect.com/providers/express-global-employment.md |
| 10 | [Swapp Agency](https://eorselect.com/providers/swapp-agency/) | 61/100 | — | https://eorselect.com/providers/swapp-agency.md |

## Related

- Full country record with provenance chains and revision history: https://eorselect.com/countries/bermuda/
- Ranked best EOR in Bermuda: https://eorselect.com/best/eor-bermuda/
- All countries: https://eorselect.com/countries/
- All machine-readable pages: https://eorselect.com/llms.txt