Compliantly hire your distributed team members in
Serbia
To hire new employees in
Serbia
, 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
Serbia
while staying fully compliant with local laws and compliance.
Serbian
Serbian dinar (din, RSD)
Monthly
12 days
17.40%
$$ (42 out of 140 nations)
20 days
12 months
12 months
In many countries like
Serbia
, 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.
The minimum wage in Serbia is RSD 230 (USD 2.15) per hour and an average 504.829 USD per month in the first quarter of 2023.
Standard working hours in Serbia are 8 hours per day and up to 40 hours per week. Overtime payment is not mandatory, but hours worked outside of standard work hours is considered overtime. The following is considered overtime:
On or before the last working day of the month, all employee payments will be made in equal monthly installments and will be paid in arrears.
If there is just cause, employers can terminate employee agreements. For example, fraud and dishonesty. The employee or the employee's union must be informed of the reason for termination in advance.
The minimum notice period is 8 days and can be up to 30 days in advance. A notion period is only mandatory if the employer is terminating the employee due to inability to perform tasks related to the employment agreement.
The maximum probation period is 3 months.
Severance payments are only necessary if an employee is let go due to redundancy and they are determined by multiplying a third of the employee's annual income by the number of years of employment with the employer.
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.
