Labor Costs Serbia offers well educated labor force at competitive prices in terms of salaries and employer’s contribution in the Balkan region.
Average Labor Costs per Month
Bulgaria
Romanija
Serbia
Slovakia
Hungary
Czech Rep.
Croatia

Gross Salary
Employers Contribution
Source: National Statistical Offices
Labor Costs in Serbia only count for additional 21,6% of employees gross salary, and is one of the lowest in the region.
Basis: Average Salary Percentage in EUR
Labor Costs Employer 121,60% 583,68
Tax for Benefit Working 3,70% 17,76
Social Security 17,90% 85,92
Gross Salary Employee 100,00% 480,00
Social Security 17,90% 85,92
Tax on Income 10,25% 49,20
Net Salary Employee 71,85% 344,88

Statistical Office
of the Republic of Serbia
March 2011

Labor Law
and Trade Unions		 A new labor law gives companies high flexibility for negotiations with employees and trade unions for their special industries and needs. Trade Unions are rare in recently founded companies.
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