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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
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:
Local: 1
World : 833
Local: 2
World : 1181
Local: 3
World : 1395
Local: 4
World : 2010
Local: 5
World : 2042
profesia.sk, kariera.zoznam.sk, azu.sk, studentservis.sk, praca.sme.sk
763,000
Top Local Job Boards:
Top Local Job Boards
Number of LinkedIn users:
Number of LinkedIn users
Top Recruitment Agencies:
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 |
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.
The labor code put emphasis on having a written employment contract between the employer and employee in Slovak language.
The usual probation period followed in Slovakia is one month.
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 |
Type of Leave | Time Period | Mandatory |
Annual Leave | 4 weeks | Yes |
Sick Leave | 10 days | No |
Maternity Leave | 34 weeks | Yes |
Leave Compliance
Payroll cycle
Slovakia follows a monthly payroll cycle.
Minimum wage
As of January 2022, the national minimum wage in Slovakia is €646 per month.
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
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% |
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% |
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%.
A standard rate of 20% is followed in Slovakia.
There is no legal provision for the 13th month salary. Employers may allow bonuses at their discretion.
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.
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.
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Overtime Pay
Minimum Wage
Overtime Pay
Also, there are maximum limits put in terms of working hours for the extra. Beyond 40 hours (on weekdays), the pay is 125% of average salary rate, for overtime during night hours, it is 140% of average salary rate, for hours worked on Saturday, it is 150% of average salary rate and for overtime on Sunday, employees will be given 200% of average salary rate.
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