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Payroll in Nicaragua
Payroll in Nicaragua runs in NIO on a bi-weekly / monthly cycle, with statutory employer contributions and aguinaldo — 13th salary (dec). Gracemark operates it end-to-end — humans, not tickets.
Currency
NIO — Nicaraguan córdoba
Payroll cycle
Bi-weekly / Monthly
Working week
48 hrs
Minimum wage
Sector-set
13th-month
Aguinaldo — 13th salary (Dec)
Employer cost
~20.5–24.5% (INSS+INATEC)
Probation
30 days
Notice period
Severance-based
Two ways to run payroll in Nicaragua
Own-entity payroll
For long-term presence in Nicaragua. Gracemark manages statutory filings, pay runs, and year-end reporting under your entity — with a named operator on Central America time.
EOR-run payroll
No entity in Nicaragua? Employ and pay talent under Gracemark's local infrastructure via EOR — onboard in 2–3 weeks, no local incorporation.
Compliance essentials in Nicaragua
- Aguinaldo (13th salary) is mandatory and paid in December
- Generous statutory leave accrues at 2.5 days per month
- INSS social security is the main employer contribution
- Cost-effective labor for support and back-office work
- US Central-time overlap
Get a payroll quote for Nicaragua
Send your headcount and salary band. We reply with employer burden, net-to-gross, and setup timeline — no sales scripts.
Deeper guide
Hiring guide: Nicaragua →
Employ without entity
EOR services →
All countries
Global payroll overview →