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Expand your global workforce in Austria

Your guide to the employment landscape, working customs and local labor laws in

Capital

Vienna

Currency

Euro (EUR)

Languages

German

GDP per Capita

$58,155.20

Employer Tax

29.78%

Payroll Frequency

Monthly

Talent overview

The landlocked nation of Austria is a federation of nine states, one of which, Vienna, is the capital. Austria, considered as one of the richest countries in terms of GDP per capita, has a high standard of living, and was ranked 11th in the Legatum Prosperity Index 2021 on account of its journey to prosperity. Along with a highly developed industry, tourism is also an essential part of the Austrian economy.

Major economic hubs:

Vienna, Upper Austria, Lower Austria

Skills in demand:

Construction joiners, Nursing professionals, Data processing, Mechanical Engineering, Power Engineering.

Top local universities in Austria

Uni1 14

Universität Wien

Ranking

Local: 1

World: 106

Uni2 12

Technische Universität Wien (Vienna University of Technology)

Ranking

Local: 2

World: 181

Uni3 14

Universität Innsbruck

Ranking

Local: 3

World: 369

Uni4 13

Technische Universität Graz

Ranking

Local: 4

World: 503

Austria Uni

Karl-Franzens-Universität Graz

Ranking

Local: 5

World: 570

Top Local Job Boards:

Monster, StepStone, TheLocal

Number of LinkedIn users

2,154,000

Top Recruitment Agencies

Michael Page, Hays, Mondial Recruitment

Where to find talent

Top Local Job Boards:

Number of LinkedIn users:

Top Recruitment Agencies:

Salary Data

Some of the common jobs found in Austria, along with their monthly salary, are listed below:

Job Title Average Monthly  Salary ( EUR) Average Monthly Salary ( USD)
Corporate Treasurer 5,030 5,601
Financial Manager 8,090 9,009
Office Manager 3,440 3,831
Database Administrator 3,970 4,421
Sales Manager 6,630 7,383

 

Employ in Austria

Employing in Austria

Austrian employment laws safeguards the rights of its employees. It is a combination of EU and Austrian laws. Know more about employment regulations followed in Austria below.

Employee Contract

It is not mandatory to have written agreements for employment and even oral agreements are acceptable. Language of collective agreements or contracts can be in German and English.

Probation Period

The probationary period followed in Austria ranges between one to four weeks.

Public and Provincial Holidays

Date Name Type
January 1 New Year’s Day Nationwide holiday
January 6 Epiphany Nationwide holiday
March 19 Saint Joseph’s Day Carinthia, Styria, Tyrol, Vorarlberg
April 21 Easter Monday Nationwide holiday
May 1 Labor Day / May Day Nationwide holiday
May 4 Saint Florian’s Day Upper Austria
May 29 Ascension Day Nationwide holiday
June 9 Whit Monday Nationwide holiday
June 19 Corpus Christi Nationwide holiday
August 15 Assumption of Mary Nationwide holiday
September 24 Saint Rupert’s Day Salzburg
October 10 Plebiscite Day Carinthia
October 26 National Day Nationwide holiday
November 1 All Saints’ Day Nationwide holiday
November 11 Saint Martin’s Day Burgenland
November 15 Saint Leopold’s Day Lower Austria, Vienna
December 8 Immaculate Conception Nationwide holiday
December 25 Christmas Day Nationwide holiday
December 26 St. Stephen’s Day Nationwide holiday

Employee Leaves

Type of leave Time Period Mandatory
Annual leave/Earned Leave 25 days Yes
Sick Leave 6 weeks Yes
Maternity Leave 16 weeks Yes

Leave Compliance

Payroll in Austria

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Payroll cycle

The employee must be paid monthly. See Austria Payroll

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Minimum wage

Austria does not follow statutory minimum wage and depends on the employment agreement. On the whole, the employees will not be paid less than 1500 EUR.

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Overtime pay

Overtime hours in excess of those stated in the work contract would be paid at a rate of 150% of the employee’s salary. Overtime on Sundays, public holidays and work between 12:00 AM to 7:00 AM will be compensated at a rate of 200%.

How taxes work

Employer Payroll Tax

Category Contribution (From Monthly Gross Salary)
Sickness 3.78%
Unemployment 3%
Pension 12.55%
Accident 1.20%
Miscellaneous 0.7%

Employee Payroll Tax

Category Contribution (From Monthly Gross Salary)
Sickness 3.87%
Unemployment 3%
Pension 10.25%
Miscellaneous 1%

Employee Income Tax

Income over (EUR) Income up to (EUR) Tax Rate (%)
0 12,816 0
12,816 20,818 20
20,818 34,513 30
34,513 66,612 42
66,612 99,266 48
99,266 1,000,000 50
Above 1,000,000 55

VAT

The standard VAT rate in Austria is 20%.

Bonus

13th Month Pay

The 13th month salary is customary and is normally paid at the end of June.

Employee Benefits

  • 13th-month salary
  • 14th-month salary
  • Health Insurance
  • Accident Insurance
  • Old-age Pension Insurance
  • Insolvency Guarantee Fund

Employee offboarding

Termination in Austria can be done on a mutual consent basis, which can be communicated in verbal or written format, of which the latter is preferred. There can also be dismissal of the employee by the employer on the grounds of a justified reason. When an employee decides to resign, the employment is terminated with immediate effect. In case of expiration of a fixed contract, no action is required. See: Austria Employment Laws

The notice period for both probationary and permanent employees in Austria ranges from 6 weeks to 5 months.

Employers must provide severance pay at the rate of 1.53% of their gross monthly salary to the severance pay fund, known as ‘Abfertigungskasse’.

Tw Visa Img

Visa and
immigration

The citizens of the Switzerland and European Economic Area (EEA) can work in Austria. For other non-Austrian nationals, immigration permission and a work permit are required.
Non-European citizens need a Schengen Visa to enter Austria. If one receives employment during the visa tenure, they can apply for Red-White-Red card.

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