Compliantly hire your distributed team members in
Austria
To hire new employees in
Austria
, your business must have a local legal entity or an Employer of Record like Borderless in place already. Then there’s the management of local employment compliance, taxes, benefits, payroll, and more. Hiring contractors poses similar challenges.
Borderless handles all of that for you, so you can focus on getting to work with your new team member in
Austria
while staying fully compliant with local laws and compliance.
German
Euro
Monthly (14 times per year, with bonuses)
13 days
2%
65.96
25 - 30 days
30 days
8 - 20 weeks
In many countries like
Austria
, the treatment of employees and contractors is different. If you misclassify a new team member, you could be subjected to penalties and fines. Let Borderless get this right for you, so you don’t have to worry.
Although there is no official minimum wage in Austria, an unofficial minimum of around €1,500 is observed.
Workers in Austria use the Working Hours Act, the Working Hours Rest Act, and collective bargaining agreements to manage their hours of work. A typical Austrian workweek is 8 hours per day and 40 hours per week. The maximum daily work allotment is 12 hours, including overtime, which is usually paid at 1.5 times an employee’s regular rate.
Although not legally mandated, it is a market custom for Austrian employees to receive 13th- and 14th-month bonuses. 13th-month salary is paid out at the end of June and 14th is paid in late November. These additional salaries are taxed at a lowered rate of 6%.
For all Borderless customers, employee payments will be made in equal monthly installments on or before the last working day of each calendar month, payable in arrears.
21.03%
18.12%
Austrian employers in general have these options to terminate an employment agreement:
With less than or equal to two years of service, the mandatory notice time for an employer is six weeks, and with more than 25 years of service, it can be up to five months.
In Austria, employment contracts typically stipulate a probationary period of one month during which any side may end the arrangement without cause.
Before providing an employee notice of termination, the employer must give the work council at least one week's notice. The employer must consult the work council before firing somebody, if the council so demands.
Employers in Austria are required by the severance pay scheme to contribute 1.53% of the monthly wage to an employee severance fund. The employee has the option of having the money gathered at the end of their employment period disbursed to them or keeping it in the fund for future investments.
When the world is your competition, it pays to incentivize new hires and existing alike. Borderless benefits packages typically include:
Book your demo of Borderless to help you hire, pay, and take care of new employees and contractors in 170+ countries.
