Remuneration structure in Panama

Hello everyone,

Understanding the remuneration structure when living and working in Panama will help you better navigate professional life. In order to help other expats and soon-to-be expats grasp everything from gross pay to net pay, we invite you to share your experience.

How is your remuneration structured in Panama: basic salary, commissions, 13th month, etc.?

What are the common or mandatory allowances included such as transports, health insurance, pension contributions…?

What are the taxes and social contributions to be considered, especially if deduction is made at source?

What is the regular salary payment frequency in Panama: monthly, bi-montlhy, weekly…?

Is it acceptable or common to negotiate salary or benefits?

Are there any specific differences in remuneration structure between expats and locals?

Share your insights and experience.

Thank you for your contribution.

Cheryl
Expat.com Team