Payroll in Grenada
Payroll in Grenada runs in XCD (Eastern Caribbean dollar). Monthly or bi-weekly payroll is common depending on sector. No statutory 13th-month bonus is mandated. Statutory employer contributions apply. Gracemark operates it end-to-end, humans, not tickets.
Two ways to run payroll in Grenada
Own-entity payroll
For long-term presence in Grenada. Gracemark manages statutory filings, pay runs, and year-end reporting under your entity, with a named operator on Caribbean time.
EOR-run payroll
No entity in Grenada? Employ and pay talent under Gracemark's local infrastructure via EOR, onboard in typically 1–3 weeks via eor, no local incorporation.
Compliance essentials in Grenada
- Employment model: EOR vs. contractor vs. local entity for Grenada
- Mandatory benefits, social contributions and any 13th-month obligation
- Termination rules, statutory notice and severance exposure
- Contractor misclassification risk and how local law defines employment
- Currency (XCD), payroll cycle and English-language contract requirements
Get a payroll quote for Grenada
Send your headcount and salary band. We reply with employer burden, net-to-gross, and setup timeline, no sales scripts.
Send the role, a selected worker or an existing-team requirement in Grenada. Get a written recommendation covering the model, cost categories, responsibilities and next steps. One hire is welcome; no meeting required.