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Expand your global workforce in Slovakia

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

Capital

Bratislava

Currency

Euro

Languages

Slovak, Hungarian, Rusyn

GDP per Capita

$19,370

Employer Tax

25.2%

Payroll Frequency

Monthly

Talent overview

Slovakia is a developed nation with an advanced economy. According to the 2021 IMF report, the country ranks the 45th richest country out of the 195 world territories considered. The major share of the Slovakian economy is owned by the service sector, which employs around 69% of the population and contributes about 61% of the country’s gross domestic product (GDP).

Major economic hubs:

Bratislava, Košice

Skills in demand:

Warehouseman, Accountant, Sales representative, receptionist, and administrative jobs.

Top local universities in Slovakia

Uni 1

Univerzita Komenského v Bratislave

RANKING

Local: 1

World : 833

Uni2 4

Slovenská technická univerzita v Bratislave

RANKING

Local: 2

World : 1181

Uni 3

Technická univerzita v Košiciach

RANKING

Local: 3

World : 1395

Uni4 4

Žilinská univerzita v Žiline

RANKING

Local: 4

World : 2010

Uni5 12

Univerzita Pavla Jozefa Šafárika v Košiciach

RANKING

Local: 5

World : 2042

Top Local Job Boards:

profesia.sk, kariera.zoznam.sk, azu.sk, studentservis.sk, praca.sme.sk

Number of LinkedIn users:

763,000

Top Recruitment Agencies:

ManpowerGroup, Grafton, ADECCO Slovakia

Where to find talent

Top Local Job Boards:

Number of LinkedIn users:

Top Recruitment Agencies:

Salary Data

Some of the popular jobs and their average monthly salaries are listed below:

Job Title Average Monthly Salary (in EUR) Average Monthly Salary (in USD)
Software Developer 2,070 2,303
Accountant 1,360 1,513
Sales Manager 3,650 4,060
Administrative Assistant 1,100 1,224
Network Engineer 1,720 1,913
Customer Service Manager 2,750 3,059

Employ in Slovakia

Employing in Slovakia

The employment relations in Slovakia are regulated by the Labor Code. It ensures the right to work, free choice of employment and suitable working conditions, along with protection against arbitrary dismissal of employees. Read forward to gather in-depth information on employment in Slovakia.

Employee Contract

The labor code put emphasis on having a written employment contract between the employer and employee in Slovak language.

Probation Period

The usual probation period followed in Slovakia is one month.

Public and Provincial Holidays

Date Name Type
1 Jan Republic Day National holiday
6 Jan Epiphany National holiday
29 Mar Good Friday National holiday
1 Apr Easter Monday National holiday
1 May Labor Day National holiday
8 May Day of Victory Over Fascism National holiday
5 Jul St. Cyril & St. Methodius Day National holiday
29 Aug National Uprising Day National holiday
1 Sep Constitution Day National holiday
15 Sep Day of Our Lady of Sorrows National holiday
1 Nov All Saints’ Day National holiday
17 Nov Fight for Freedom and Democracy Day National holiday
24 Dec Christmas Eve National holiday
25 Dec Christmas Day National holiday
26 Dec St. Stephen’s Day National holiday

Employee Leaves

Type of Leave Time Period Mandatory
Annual Leave 4 weeks Yes
Sick Leave 10 days No
Maternity Leave 34 weeks Yes

 

Leave Compliance

Payroll in Slovakia

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Payroll cycle

Slovakia follows a monthly payroll cycle.

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Minimum wage

As of January 2022, the national minimum wage in Slovakia is €646 per month.

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Overtime pay

Work done beyond the normal working hours, i.e 40 hours per week, is compensated as per the mutually accepted employment contract.

Read more

How taxes work

Employer Payroll Tax

Employers have to make the following contributions on every employee they maintain.

  Contributed to   Employer payroll tax
Sickness Insurance 1.4%
Old-age pension 14%
Disability insurance 3%
Unemployment insurance 1%
Guarantee insurance 0.25%
Accident insurance 0.80%
Solidarity reserve fund 4.75%
Health insurance 10%
Total cost on employer 35.2%

Employee Payroll Tax

Every employee is entitled to a monthly salary, from which the following contributions will be made.

Contributed to Employee Payroll Tax
Sickness insurance 1.40%
Old-age pension 4%
Disability insurance 3%
Unemployment insurance 1%
Health insurance 4%
Total cost on employee 13.40%

Employee Income Tax

In Slovakia, income tax is levied at progressive tax rates based on an individual’s annual taxable income. This is calculated by subtracting allowable deductions from the total taxable income.

Slab Employee Income tax
Income up to EUR 38,553.01 19%
Above EUR 38,553.01 25%

It has to be noted that dividend income occurring from profits before 2004 and after 1 January 2017 comes under a specific tax base, which is taxable at a 7% rate. Also, income of constitutional authorities arising from dependent activity, apart from the above mentioned, is subject to a special tax rate of 5%.

VAT

A standard rate of 20% is followed in Slovakia.

Bonus

13th Month Pay

There is no legal provision for the 13th month salary. Employers may allow bonuses at their discretion.

Employee Benefits

  • Pension
  • Unemployment insurance
  • Sickness insurance
  • Disability insurance
  • Annual leaves
  • Maternity leave

Employee offboarding

Based on the employment agreement, the termination process varies. The decision will be communicated to the employee in writing.

Slovakia follows a notice period of one month for employees.

It depends on the length of employment and based on what termination is followed. If the termination is with a notice, the employee has to be paid a minimum of four times their average monthly pay.

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Visa and
immigration

To work and reside in the country of Slovakia, employees must have a single permit to work and reside or a work permit and temporary residence. However, citizens of Schengen countries are not required to have a visa to enter Slovakia, irrespective of their visit purpose.

Read more

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