Explore our EOR&PEO services in SLOVAKIA

As your Slovakia EOR, we would support your growth by contracting personnel and handling their payment without establishing a local branch office or subsidiary.

 

In compliance with regional labor laws, your individual is employed by a Slovakia PEO and can be onboarded in days as opposed to the usual months. Your new employee will start working for you soon, similarly to the rest of your team.

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A piece of peace in Central Europe
ufo bratislava - Slovakia PEO and EOR

Country Overview

Slovakia is a landlocked country in Central Europe. Neighboring countries include Austria, Czech Republic, Hungary, Poland, and Ukraine. The geography of Slovakia is known for its mountains, with the Carpathian Mountains extending across most of the northern half of the country. The government system is a parliamentary democracy; the chief of state is the president, and the head of government is the prime minister. Slovakia has a mixed economic system in which there is a variety of private freedom, combined with centralized economic planning and government regulation. Slovakia is a member of the European Union (EU).

General Information

  • Population: ~5.500.000

 

  • Capital City: Bratislava (population: ~425.000)

 

  • GDP: ~$105.5 billions

 

  • GDP per capita: ~$20.000
  • Currency: Euro (EUR)

 

  • Unemployment: ~6.79%

 

  • Employer Taxes: ~

 

  • Employee Taxes: ~

SLOVAKIA EOR SPECIFICS

Employment contracts in Slovakia

Slovak law allows employers and employees to agree upon one of two basic types of job contracts:

 

  • Fixed-term employment contract is limited to up to two years, can be prolonged or renewed, but only twice within two years.

 

  • Employment contract for unlimited time does not state a fixed period for the contract’s validity.

 

An employment relationship shall be established by a written employment contract.

Probation period in Slovakia

Probation period: an employment contract may specify a probationary period which should not be more than 3 months (some senior managerial positions can have 6 months probationary period); the probation period may not be extended.

Working hours in Slovakia

Working time of an employee shall be 40 hours. An employee’s average weekly working time including overtime may not exceed 48 hours. There are certain exceptions to the given rule related to the planning of working time, nature of work, age of an employee.

Vacation days in Slovakia

Employees are entitled to 20 working days of vacation (25 days from the age of 33 per legal provision).

Sick leave in Slovakia

Income compensation provided by employer:

 

  • From the first to the third day of temporary incapacity: 25% of the ‘daily measurement basis’; 

 

  • From the fourth to tenth day of temporary incapacity: 55% of the ‘daily measurement basis’.

 

Sick pay from the state social insurance system from the 11th day of temporary incapacity for work:

 

  • From the 11th day of temporary incapacity: 55% of the ‘daily measurement basis’.

 

Sick pay is paid up to a maximum of 52 weeks from the first day of temporary incapacity for work.

Maternity / Paternity leave in Slovakia

Maternity leave – lasts for 34 weeks (37 weeks for a single mother or 43 weeks if the mother has two or more babies at the same time). As a rule, the entitlement to maternity leave starts at a minimum of six and a maximum of eight weeks before the due date.

 

Parental leave – employees may request parental leave from their employer in order to spend more time looking after their children. Employers must grant such a request. Parental leave is provided for as long as the parent requests it (as a rule for at least one month) until the child reaches three years of age. If a child suffers long-term ill health requiring special care, employers must approve a request for parental leave until the child reaches six years of age.

Wages and Salary Payment in Slovakia

In 2021, the national minimum wage in Slovakia remained fixed at 623 euro per month, that is 7,476 euros per year, taking into account 12 payments per year.

 

As per the provisions of the Payment of Wages Act, 1936, wages need to be paid to employees before the expiry of the 7th day of the last day of the wage period, where the number of employees is less than 1000. In case the number of employees is less than 1000, wages must be paid before the expiry of the 10th day of the last day of the wage period.

Benefits in Slovakia

There are 13th and 14th salaries in place in Slovakia:

 

The 13th salary must be paid out at least in the amount of the average monthly earnings of the employee, and in June. As of 30 April of the respective calendar year, the employee must have worked for the employer at least 24 months in a row;

 

The 14th salary must be paid out at least in the amount of the average monthly earnings of the employee, and in December. As of 31 October of the respective calendar year, the employee must have worked for the employer at least 48 months in a row.

Bonuses / Expenses in Slovakia

In the case of business trips, an employee is entitled to reimbursement of travel expenses and travel per diems according to the valid regulations (the amount differs according to the length and the country of a business trip).

Employer Taxes in Slovakia

Social Security contribution: Employers pay 6.2 percent of wages up to the taxable maximum of $142,800 (in 2021).

 

Medicare’s Hospital Insurance: 1.45 %.

Employee Taxes in Slovakia

Annual taxable income up to EUR 37,163.36 is taxed at 19%.

 

Annual taxable income above EUR 37,163.36 is taxed at 25%.

Notice Period in Slovakia

The minimum notice period is one month.

 

But the notice period is at least two months for the employee that has been in service for at least one but less than five years and at least three months for the employee that has been in service for at least five and more years if the employer terminates the employment relationship:

 

  • for economic reasons (the organization or its part is abolished or relocated and the employee does not agree with the change in his or her agreed place of work or the employee became redundant from technical or organizational reasons) 

 

  • or due to changes in the health condition of the employee.

 

An employer can give immediate notice when the employee has breached the work discipline or was condemned for a premeditated criminal act.

Termination / Severance in Slovakia

Severance pay must only be paid if the employment has been terminated  by notice of the employer or by agreement between the employer and  the employee for the reasons of winding-up or relocation of the employer or a part thereof, the redundancy of the employee, the employee’s long-term medical inability to perform work, or the inability to perform work due to accident at work, occupational disease or its threat or due to reaching the maximum exposure at work set by the public health authority.

 

The employee has the right to severance pay amounting to one monthly salary if his/her employment relationship has lasted more than two years. The employee obtains twice his average monthly earnings if he/she has worked from five to ten years for the employer.

Reviews on our service

5/5
Our business's crucial aim for a quick employment of three in Bratislava was completed in time.
Tommy Wright
avatar ba86dad746963720a5ddfe54d68793c0 150x150 - Slovakia PEO and EOR
5/5
I've had a ton of pleasure while consulting with Acvian on our hiring process in Slovakia. Efficient and fast.
Carlos Martin
avatar c575f6e17a67a71be4e9650233f7111f 150x150 - Slovakia PEO and EOR
City Business Center I V 10.jpg e1653647565660 300x276 - Slovakia PEO and EOR

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