🇵🇪
Payroll in Peru
Payroll in Peru runs in PEN on a usually monthly cycle, with statutory employer contributions and two statutory gratuities plus cts funding. Gracemark operates it end-to-end, humans, not tickets.
Currency
PEN, Peruvian sol
Payroll cycle
Usually monthly
Working week
Up to 48 hours
Minimum wage
A statutory minimum applies in Peru and is reset periodically. We confirm the figure in force on your start date.
13th-month
Two statutory gratuities plus CTS funding
Employer cost
Employer health contribution is 9%, but total employment cost must also accrue CTS, two statutory gratuities, leave and applicable insurance
Probation
Three months generally; written extensions may apply to qualified or managerial roles within statutory limits
Notice period
Dismissal must follow legally recognized grounds and procedure or indemnity exposure can arise
Two ways to run payroll in Peru
Own-entity payroll
For long-term presence in Peru. 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 Peru? Employ and pay talent under Gracemark's local infrastructure via EOR, onboard in 2–3 weeks, no local incorporation.
Compliance essentials in Peru
- Two statutory bonuses per year (Fiestas Patrias and Christmas)
- CTS severance deposits twice a year
- Growing pool of cost-effective bilingual talent
- Probation of three months is standard
- Profit sharing applies above certain headcount
Get a payroll quote for Peru
Send your headcount and salary band. We reply with employer burden, net-to-gross, and setup timeline, no sales scripts.
Deeper guide
Hiring guide: Peru →
Employ without entity
EOR services →
All countries
Global payroll overview →