Papua New Guinea
- November 4, 2023
- 7:37 am
Papua New Guinea is an excellent destination for businesses looking to expand globally. It has the largest economy in the Pacific Islands and provides significant investment and trade opportunities. The country’s key investment prospects lie in the development of infrastructure and its abundant natural resources in forestry, oil and gas, fisheries, and mining.
What’s more, its young and growing population presents a sizeable potential talent pool for businesses.
However, to draw on this talent pool, there are several factors to bear in mind within Papua New Guinea’s employment framework – particularly for companies planning to build a full local office and HR department. Such challenges can be mitigated by using a locally sourced payroll provider who is fluent in the local laws and regulations for both local and international employees.
This guide provides a comprehensive overview for hiring employees in Papua New Guinea.