HR & Labor
Minimum wage is 365 EUR per month.
Employees contribute 20% of their wages which is withheld by the employer, with contribution ceiling of 5,066EUR per month.
Employee who has been working in the company for more than 2 years is entitled to a severance pay. The amount is calculated by the number of years employee has been employed in the company. The minimum amount is one third of the average monthly salary earned during the last three months prior to termination. The severance pay can be maximum of six months average monthly salary.
The length of advance notice varies from company to company depending on the initial agreement between the employer and employee.
Employer can terminate a fix term contract by giving the following reasons - business, personal or worker's’ misconduct. If it is an open ended agreement, employer can terminate the employee without a reason.
Employee is entitled to up to seven days of sick leave and then if necessary, it can be extended by collective agreements or employment rules. Employee can also receive unpaid leave.
There are 14 public holidays.
Employees are entitled to minimum of four weeks of paid leave after working in the company for six months.
It is common practice to offer expats benefits such as relocation cost coverage, accommodation reimbursements and language trainings. Benefits vary from company to company.
Contributions consist of pension contributions at a rate of 20% from the gross salary, and a health and employment contribution at the rate of 17.2% from the gross salary.
VAT is 25% standard rate.