HR & Labor
Minimum wage is RSD 121 per hour.
The employer contributes 11% of the employee’s regular wages.
The employee contributes 13% of the average wages. Contribution ceiling is five times the monthly minimum wage.
No mandatory requirements for a severance payments.
Employee must give minimum of 15 days and maximum of 30 days of advance notice.
Employer must provide the employee with minimum of 8 days and maximum of 30 days of notice.
If the employee’s sick leave is non-work related, they are entitled to 65% of their average salary and if it is work related, they are entitled to 100% of their average salary during the leave. The employer is responsible for the first 30 days of the leave, afterwards the state will reimburse the employee.
Employees are entitled to 20 days of vacation per year.
There are 10 public holidays.
Employer contributes - 5.15%
Employer contributes - 0.75%
Pension and disability insurance -14%
Employee contributes - 5.15%
Employee contributes - 0.75%
Pension and disability insurance - 12%
VAT is 20% standard rate.