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Payroll in Ecuador
Payroll in Ecuador runs in USD on a monthly cycle, with statutory employer contributions and 13th (dec) + 14th (regional). Gracemark operates it end-to-end — humans, not tickets.
Currency
USD — United States dollar
Payroll cycle
Monthly
Working week
40 hrs
Minimum wage
~US$482/mo (SBU)
13th-month
13th (Dec) + 14th (regional)
Employer cost
~12.15% (IESS)
Probation
90 days
Notice period
Severance-based
Two ways to run payroll in Ecuador
Own-entity payroll
For long-term presence in Ecuador. Gracemark manages statutory filings, pay runs, and year-end reporting under your entity — with a named operator on South America time.
EOR-run payroll
No entity in Ecuador? Employ and pay talent under Gracemark's local infrastructure via EOR — onboard in 2–3 weeks (eor), no local incorporation.
Compliance essentials in Ecuador
- Both a 13th (décimo tercero) and 14th (décimo cuarto) salary are mandatory
- The US dollar is the official currency — no FX risk on pay
- IESS social security is the core employer contribution
- Severance and desahucio apply on termination
- Cost-effective, growing bilingual support and tech talent
Get a payroll quote for Ecuador
Send your headcount and salary band. We reply with employer burden, net-to-gross, and setup timeline — no sales scripts.
Deeper guide
Hiring guide: Ecuador →
Employ without entity
EOR services →
All countries
Global payroll overview →