Basic information
Capital:Bratislava
Time zone: GMT+2
Languages: Slovak
Currency code:EUR
Human Resources at a Glance
Contract Terms
Contracts must be in Slovak and can be bilingual. They must be in writing and signed by both parties, and the employee and employer must keep a signed copy. A contract must include:
- Name
- Start date
- Length of the employment
- Job description
- Termination conditions
Guidelines Regarding Probation Period/Trial Period
Probation periods are not mandatory. The maximum probation period is 90 days, and 180 days for managerial positions.
Regulations and Rules Regarding Working Hours
Standard working hours are 8 hours per day, 40 hours per week. The standard workweek is from Monday to Friday.
Overtime payment is not mandatory and may be included in the salary or granted as leave. Hours outside of standard work hours are considered overtime.
Minimum Wage Requirements
In Slovakia the minimum wage ranges from EUR750 to EUR1330 per month. The monthly minimum wage changes according to the degree of work intensity and responsibility and there are 6 degrees of work.
Termination
Grounds
Terminations in Slovakia can be terminated by either party with or without cause providing written notice.
Compliant terminations include:
- Voluntarily by the employee
- By mutual agreement
- Unilaterally by the employer based on:
- Probation period
- Objective grounds
- Disciplinary dismissal
- Performance due to unsuitability for the job
- By the expiration of the contract
Notice Period
Notice will depend on the length of employment and if the employee resigns or is dismissed.
- Termination by the employer:
- 30 days for up to one year of employment
- 60 days for one to five years of employment
- 90 days for over five years of employment
- Termination by the employee:
- 30 days for up to one year of employment
- 60 days for more than one year of employment
Payment & leave Compensation & Holidays
SalaryPayment
Remuneration is paid in arrears by the 15th day of the following month.
Payslip
Payslips must be provided two days at the latest following the pay date, either in hard copy or electronically.
Annual Leave
Both full-time and part-time employees are entitled to 20 working days of paid time off (PTO) a year. PTO and accrual rates vary depending on the age of the employee.
Age | PTO days | Monthly accrual |
Up to 32 years | 20 | 1.66 days |
Over 32 years | 25 | 2.08 days |
Employees of any age with children | 25 | 2.08 days |
Sick Leave
Employees are entitled to paid sick leave for up to 52 weeks. This leave is paid at different rates and by different payers depending upon length:
Period | Pay | Payer |
1 – 3 days | 25% of base salary | Employer |
4 – 10 days | 55% of base salary | Employer |
11 days+ | 55% of base salary | Social Security |
Maternity & Parental Leave
Pregnant employees who have worked for 60 consecutive days with the same employer are entitled to 34 weeks of paid leave. Six to eight weeks must be taken before the child’s birth.
Social Security pays 75% of the daily measurement base for this time. The daily measurement base is calculated as: sum of the gross wages from the previous year divided by 12 months divided by 365 days multiplied by the number of days of maternity leave. The maximum daily payment for maternity leave is €55.87.
The employee can’t extend leave.
Employees are entitled to up to 3 years of parental leave until the child reaches the age of three. Either parent can take parental leave. Social Security will pay EUR 275.90 per month during this period.
Employees can’t extend parental leave.
Tax and Social Security Information
Personal Income Tax
The individual income tax ranges from 19% to 25%. Income tax is calculated according to gross annual income.
Gross Annual Income | Tax Rate (%) |
Up to EUR 37,163.36 | 19% |
Over EUR 37,163.36 | 25% |
Social Security
Both the employer and employee must pay social security contributions.
Payment | Employee Contribution (%) | Employer Contribution (%) | Maximum Assessment Base (EUR) |
Sickness Insurance | 1.4 | 1.4 | 8,477.00 |
Disability Insurance | 3.0 | 3.0 | 8,477.00 |
Retirement Insurance | 4.0 | 14.0 | 8,477.00 |
Unemployment Insurance | 1.0 | 1.0 | 8,477.00 |
Work Injury Insurance | 一 | 0.8 | No limit |
Solidarity reserve fund (part of the retirement insurance) | 4.75 | 8,477.00 | |
Guarantee Fund | 一 | 0.25 | 8,477.00 |
Health Insurance | 4.0 | 11.0 | No limit |
TOTAL | 13.4 | 36.2 |
Public Holidays 2024
Occasion | Date |
Republic Day | 1.1 |
Epiphany | 1.6 |
Good Friday | 3.29 |
Easter Monday | 4.1 |
Labour Day | 5.1 |
Liberation Day | 5.8 |
St.Cyril and Methodius Day | 7.5 |
Slovak National Uprising Anniversary | 8.29 |
Day of the Constitution of the Slovak Republic | 9.1 |
Day of Our Lady of the Seven Sorrows | 9.15 |
All Saints’Day | 11.1 |
Freedom and Democracy Day | 11.17 |
Christmas Eve | 12.24 |
Christmas Day | 12.25 |
Second Day of Christmas | 12.26 |
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