* Playroll continues to analyse immediate opportunities and fulfilled roles by recruitment partners, contractors and employers to identify in-demand jobs.

Capital City
Belgrade
Currency

Serbian Dinar (din)

Timezone

CEST (GMT +1)

Payroll
Monthly
Employment Cost

15.15%

Annual Leave

20 days

In-demand Specialties*
Software Development And It, Graphic Design, Technical Support

The Ultimate Guide to Hiring Employees in Serbia

Simplify hiring employees in by partnering with Playroll. Our Employer of Record (EOR) handles hiring, onboarding, payroll, taxes, immigration, benefits administration, and compliance. While you maintain control of day-to-day tasks and responsibilities.

hiring-in-Serbia-guide

Key Considerations Before Hiring In Serbia

Employing in Serbia requires employers to own a legal entity in the country and manage payroll, tax, benefits and compliance through their own in-country resources. Grow your team in Serbia with our Employer of Record solution, ensuring streamlined, compliant business expansion with no entity.

Playroll allows you to hire employee's in Serbia quickly, easily and we even automate tax document collection, benefits, payroll and more.

Good To Know

Serbia is home to diverse multilingual professionals, fluent in languages such as English. This linguistic diversity facilitates effective communication and collaboration with international clients and partners, adding a valuable dimension to the country's workforce.

Serbia has a high unemployment rate, emphasising the competitive nature of the job market. While job seekers may face challenges in finding employment opportunities (especially in industries such as automotive, energy, machinery, agriculture, and mining), there is an abundance of available talent for employers.

Serbia's Information and Communication Technology (ICT) sector has experienced significant growth, positioning the country as an emerging IT hub. For tech companies, Serbia offers an environment conducive to IT development, supported by the government.

Serbia boasts a strong work ethic, with employees known for their loyalty, dedication, and hard work. The cultural similarity to Western Europe, coupled with the country's proximity, makes Serbia an appealing location for companies seeking a workforce with shared values and attitudes.

playroll-good-to-know

Fundamental Aspects of Employment in Serbia

Serbia's employment legislation is designed to safeguard the rights of the workforce. As part of the hiring process, employers must provide employees with a written employment contract outlining wages, hours worked, guaranteed time off and other employment terms.

Probationary Period in Serbia

Probation periods in Serbia depend on the employment contract, but they cannot exceed six months. Within this period, either the employer or employee can terminate the contract with five days' notice.

Working hours in Serbia

Serbia's labour law sets the standard workweek at 40 hours, spread across five days. Employers have the authority to establish daily schedules within specified limits.

Overtime in Serbia

Overtime pay is determined by the employment contract or collective agreements. There are limits for working beyond regular hours or on holidays - up to eight hours per week and four hours per day. Overtime beyond 40 hours per week is compensated at 126.00% of the average salary rate, while overtime on public holidays is compensated at 110.00% of the standard rate.

Navigating Key Aspects of Payroll in Serbia

Serbia has a robust and complex payroll and tax system, and as an employer, it pays to understand payroll process basics.

1 January - 31 December

Fiscal Year in Serbia

1 January - 31 December is the 12-month accounting period that businesses in Serbia use for financial and tax reporting purposes.
monthly

Payroll Cycle in Serbia

The payroll cycle in Serbia is usually monthly, with employees being paid on or before the last working day of each month.
230 RSD p/h

Minimum Wage in Serbia

The minimum wage for employees in Serbia is typically 230 RSD per hour, amounting to ~40,020 RSD per month for a typical 40 hour work week.

Minimum wages and salaries in Serbia

The minimum wage in Serbia per hour is 230 RSD and the minimum salary is 40,020 RSD per month.

Bonus Payments in Serbia

Serbia doesn't mandate 13-month payments. Employers can give bonuses as they see fit.

Comprehensive Overview of Employment Taxes in Serbia

Understanding the tax obligations for both employers and employees is crucial when operating in Serbia's business landscape. This section explains how taxes and statutory fees affect payroll and individual earnings in Serbia.

Employer Tax Contributions

Employer payroll contributions are generally estimated at an additional 15.15% on top of the employee salary in Serbia.

Tax Rate Tax Type

Employee Payroll Tax Contributions

In Serbia, the typical estimation for employee payroll contributions cost is around 19.9%.

Tax Rate Tax Type

Individual Payroll Tax Contributions

Personal income is taxed at 10%, with no influence from factors like marital status or dependents. There's a tax relief of 21,712 RSD applicable to all employees and salaries.

Tax Rate Income Bracket

Pension in Serbia

To be eligible for an old-age pension in Serbia, individuals must meet age and insurance requirements defined by the law. Men aged 65 and above with at least 15 years of pensionable service or those with 45 years of pensionable service regardless of age qualify. For women, eligibility starts at 63 years and two months with a minimum of 15 years of pensionable service or with 45 years of pensionable service, regardless of age. In Serbia, contributions for old-age and disability pensions are combined, with employers contributing 11% to both retirement and disability insurance.

The tax-related information provided in this guide is intended for general guidance and informational purposes only. Reach out to our dedicated team for insights on remote hiring in Serbia tailored to your needs.

Easily navigate payroll, taxes and contributions with Playroll.

Grow your distributed workforce today!

Understanding the Protocols for Termination of Employment in Serbia

When it comes to terminating employment in Serbia, understanding the legal obligations regarding severance pay and contributions is essential. Below is a detailed overview of the key considerations for both employers and employees.

Termination Process

Termination processes in Serbia are determined by employment and collective agreements. Employers must provide a written explanation for dismissal at least eight days before taking action. Employees have the right to respond to the notice, and not granting this opportunity may result in the court invalidating the dismissal. Valid reasons for dismissal in Serbia include:

  • Fraud
  • Negligence
  • Dishonesty
  • Other work-related offenses

Notice Period

Employers need to give eight days' notice before dismissal (five days during probation). If an employee terminates the contract, a 15-day notice is required. In cases of layoffs, a 30-day notice period is necessary.

Severance Pay

Severance payments are mandatory only for employees laid off due to redundancy. The calculation involves multiplying one-third of the annual salary by the number of years worked with the employer.

Annual Leave Entitlements and Company Policies in Serbia

The annual leave entitlement in Serbia is 20 days for a full time worker. These can include public holidays on top of that or within those days, which would otherwise be unpaid.

Public Holidays in Serbia

Employees get paid for public holidays, and if a holiday falls on a weekend, it shifts to the next workday.

Holiday Date

Paid Time Off in Serbia

Maternity Leave in Serbia

Paternity Leave in Serbia

Sick Leave in Serbia

Bereavement Leave

Wedding Leave

Parental Leave In Serbia

Serbia's Benefits Built Into Playroll

Competitive benefits package in Serbia

Playroll is committed to providing tailored, competitive benefits packages that are designed not only to attract but also retain top talent worldwide. Our global team of benefits experts build custom local packages to ensure your employees in Serbia's needs are met. Typically our packages contain some or all of the following benefits.

Health Insurance
Pension or 401k
Life and Disability Insurance
Vision Insurance
Dental Insurance
Discounts & Perks

Playroll Supplementary Benefits For Employment In Serbia

Make your benefits package in Serbia a talent magnet with Playroll's local plans. We offer benefits that are compliant, comprehensive, and flexible — all at competitive rates. Speak with our local territory experts to explore the localized benefits we can offer you, while you scale your team.

  • Health Insurance
  • Pension
  • Long-Term/Disability Insurance
  • Background Checks
  • IT Equipment Sourcing

Statutory benefits for employment in Serbia

Playroll allows you to provide localized benefits for employees in Serbia within minutes. All in one manageable online dashboard. If you'd like specific information about our benefits packages in Serbia create an account or contact our global expansion team, today.

Playroll Benefit Services

Playroll's Expertise in Facilitating Work Visas for Serbia

At Playroll we're all about empowering employees to work anywhere, making mobility possible for global teams. We sponsor visas and hire the employee for you, so you don’t have to worry about payroll, taxes, and more.

It's important to note, visa support can be complicated. There are many variables that affect whether sponsorship is possible, including one’s nationality, education, marital status, and the immigration policy for the country in question.

Unfortunately, this means we can’t support visas everywhere - with that being said, we handle the entire visa process in-house, and dig into your situation to give you an overview of what to expect if we're able to help with visa sponsorship in Serbia.

Playroll Immigration Support

Integrated EOR Platform

Legal and compliance experts are readily available to provide guidance and case-by-case Q&A support.

Accelerated Immigration Timeline

By leveraging dedicated support from in-house legal and compliance experts for case by case questions and more.

Hire in 50+ Countries

Accelerated Immigration Timeline

Acquiring a visa without an entity has never been easier, leverage Playroll's global coverage to sponsor and hire employees.

Playroll Visa Services

Hiring International Employees is Complex.

Playroll makes it easy!