Strategically located in Africa, close to European markets, Morocco is a fast-growing economy with political stability. Investments across various sectors of the economy are being set up to support the energy, telecommunications, and other service industries to boost the economy and create jobs.
As the economy develops, the rise of employment outsourcing is also in the agenda of several organisations. Expanding to a new country can be a challenge to be in line with all the processes, laws, and policies and ensure a smooth transition. This is where Africa HR Solutions can help – we are your go-to HR outsourcing partner providing a comprehensive Morocco HR outsourcing service including Professional Employer Organisation (PEO), Employer of Record, payroll outsourcing, and other solutions to ensure you have time to focus on your business strategy while our experts manage your HR-related work.
Country Profile - Morocco
Population: 36 mn
Gross Domestic Product (GDP): $10.91 bn
GDP Growth: 3%
Inflation: 1.9%
Foreign Direct Investment (% of GDP): 3.1%
Unemployment Rate: 9 %
Capital: Rabat
Currency: Moroccan dirham
Languages: Arabic
Morocco's Economy
Morocco boasts a typical Mediterranean climate, with hot summers and mild wet winters. Tourism is a major boost to the economy which was affected by the Covid-19 pandemic. Morocco is dependent on agriculture, representing in turn between 13% and 16% of the nation’s GDP, and employing 40% of the workforce. The economic recovery roadmap has been initiated by the government to ensure a rebound effect post-pandemic and find the balance again to demand and supply. The Casablanca Finance City is also well positioned to act as a springboard for investments into Africa and be a destination of choice for foreign investments.
Public Holidays in Morocco
New Year’s Day
Anniversary of the Independence Manifesto
Labour Day
Feast of the Throne
Anniversary of the Recovery Oued Ed-Dahab
Anniversary of the Revolution of the King and the People
Youth Day
Anniversary of the Green March
Independence Day
Eid ul Ftr
Eid ul Adha
1er Moharram
Eid ul MaoulidAnnabaoui
Employment in Morocco
Morocco has a large amount of Muslim population, and the working schedule is 44 hours per week. Employees are entitled to vacation, sick and parental leaves. Probation periods differ based on the hierarchy of work, ranging from 15 days to 3 months. Employment agreements are also terminated based on the length of service of the employee. Both employers and employees contribute to taxation. Many other benefits are provided to employees namely Company pensions additional holidays, childcare allowance, transport, insurance, and training. Employers are recommended to have a written agreement with employees detailing all the related information about the job.
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