VAT is 20% standard rate.

Salary employees: Employees working 1-2 years in the company are required to receive 6 weeks notice, 3-5 years receive 2 months notice, 6-15 years receives 4 months and 25+ years receive 5 months. Blue collar workers: Employees working in the company for at least 4 weeks receive 1 week notice, 1 year receives 2 weeks notice, 5 years receive 4 weeks notice and 10 years receive 6 weeks notice.

Advance notice is one month for white collar workers and two weeks for blue collar workers.

Employees are entitled to severance pay even if he/she terminated their contract. Payment is offered in two structures: either a lump sum of cash at the time of termination or disbursed payments.

There is no official minimum wage. The unofficail excepted amount is 1200 EUR Monthly.

Austria folllows the three pillar model for pension contribution. 1. The public pilar: 20% tax and 80% contribution. 2. Occupational: contributions by employer and employee based on collective agreements. 3. Independent retirement provision. Under the occupational contributions - employer contributes 12.55%. The employee contributes 10.25%.

"Employers contribute a total of 8.93% of workers salary to funds for sickness, unemployment, accidental insurance and other. Employees contribute a total of 7.87% of their salary. The minimum monthly earnings used to calculate contributions are €415.72. The maximum monthly earnings used to calculate contributions are €5,130. "

There are 14 salary payment annually, 12 monthly salary payments, one months pay for christmas bonus, and one months pay for holiday bonus.

"- Employer cont. to family assistance fund: 3.9%
- Surcharge to employer contribution to family assistance fund: 0.36% - 0.44%.
- Employee provision fund: 1.53%
- Municipal tax: 3%
- Metro tax (only for Vienna): 2 Eur per employee/per week "

After 6 months of employment, 30 vacation days (5 weeks) are allotted. After 26 years working in the same company, 36 vacation days (6 weeks) are allotted.

After 3 days (on the 4th day) of sick leave, workers can claim sickness cash benefits. As rehabilitation allowance, from 6 weeks to 16 weeks, employee will receive full payment of regular wages.

Expecting mothers are entitled to receive 8 weeks leave before birth and 8 weeks after birth.

No specific allotment.

Parents are entitled to parental leave up until 24 months after birth of the child, provided they live in the same household as the child.

Full time employment is considered 8 hours daily, and 40 hours weekly. Ocertime is compensated with an additional 50% in time or money balance.