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SALARY PAYMENT IN Euro (EUR, €)
CONTRACT LANGUAGES Slovak / English
PAYROLL TAX 35.20%
PAYROLL CYCLE Monthly
TIME TO HIRE 24 hours
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Horizons provides compliance solutions to ensure your business in Slovakia operates in line with Slovakia labor laws and tax regulations. Businesses benefit from hiring in, investing in, or job outsourcing to, Slovakia in a range of industries, from customer service, to accounting services, to software development.
We also process monthly payroll, and, as an Slovakia Employer of Record, absorb all local employer liabilities. Partnering with our Slovakia PEO is the quickest and most cost-effective way to enter the Slovakia market.
PEO Platform Hire in Slovakia, and pay employees through our platform or app. | PEO Cost Our Slovakia PEO solution is the most affordable on the market. | Time-to-hire Fast onboarding in Slovakia, hire in as little as 24 hours. |
Contracts We draft labor contracts compliant with Slovakian labor law. | Local Benefits We administer all mandatory benefits and contributions in Slovakia. | 185+ Countries It doesn’t stop with Slovakia — we are an international PEO |
In Slovakia, it is a legal requirement to produce written contracts of employment for all of your employees. These contracts should be written in Slovakian, use the Euro currency, and include details such as salary, parental leave, vacation allowance, and any other relevant details.
Probationary period | 3 months: operational roles 6 months: managerial roles |
Termination notice period | 1 – 3 months minimum, depending on seniority 2 months is most common |
Severance (high) | 4 months’ average salary per year of service |
Probationary period | 3 months: operational roles 6 months: managerial roles |
Termination notice period | 1 – 3 months minimum, depending on seniority 2 months is most common |
Severance (high) | 4 months’ average salary per year of service |
The normal working week in Slovakia is 40 hours. Including overtime, a week cannot usually exceed 52 hours.
Quick, compliant hiring in 24 hours—no subsidiary required.
There are several major public holidays in Slovakia:
Slovakia has a range of national public holidays that are celebrated annually. In 2023 these holidays are:
Date | Holiday name |
---|---|
1 Jan Sunday | Republic Day |
6 Jan Friday | Epiphany |
7 Apr Friday | Good Friday |
10 Apr Monday | Easter Monday |
1 May Monday | Labor Day |
8 May Monday | Day of Victory Over Fascism |
5 Jul Wednesday | St. Cyril & St. Methodius Day |
29 Aug Tuesday | National Uprising Day |
1 Sep Friday | Constitution Day |
15 Sep Friday | Day of Our Lady of Sorrows |
1 Nov Wednesday | All Saints’ Day |
17 Nov Friday | Fight for Freedom and Democracy Day |
24 Dec Sunday | Christmas Eve |
25 Dec Monday | Christmas Day |
26 Dec Tuesday | St. Stephen’s Day |
Employees in Slovakia are usually provided with four weeks of paid vacation leave.
Employees in Slovakia are legally entitled to sick leave with pay. The amount of compensation varies, with the first three days of absence being covered at 25% of normal pay, days four to ten covered at 55% (paid by the employer), and days 11 onwards covered at 55% (paid by the government).
Mothers in Slovakia are entitled to 34 weeks of paid maternity leave (37 weeks for single mothers). This generally starts between six and eight weeks before the birth date, and at least 14 weeks of leave must be taken.
Male employees can usually take leave from the birth date until the mother returns to work, and the parents may be able to take parental leave until the child is three years old.
Employees in Slovakia are entitled to two months of notice upon termination. They may also be entitled to severance pay, for example, if they are made redundant, or if the company is dissolved.
The payment should be between four and ten times the average monthly earnings, depending on how long the employee has been with the company and the context of the termination.
Employers in Slovakia must contribute 35.2% of salaries toward the country’s social security program. Employees are required to contribute 13.4%. The social security program funds things like sick pay, unemployment insurance, and healthcare.
The income tax rate in Slovakia is 19% to 25%, depending on income level.
The corporate tax rate in Slovakia is 21% for companies with revenues exceeding €100,000 per year.
Healthcare is provided by the Slovakian government, so health insurance is not required as part of employment benefits packages, but some employers may choose to provide it anyway.
The national minimum wage in Slovakia is €580 per month for full-time work.
Minimum Wage Country Comparison Chart | (Per month in USD) |
Switzerland (Geneva) | $4,000 |
Italy | $2,255 |
Australia | $1996 |
Algeria | $156 |
Uzbekistan | $22 |
Setting up your Slovakian benefits system as a foreign employer is a complicated process. The laws are complex, and various procedural differences need to be taken into account, which can make it a lengthy and expensive process.
Outsourcing your Slovakia benefits management to Horizons is a fast, simple, and effective way to get everything up and running in full compliance with local laws.
With Horizons, you get quick service, transparent pricing, and expert support.
A Slovakia PEO and a Slovakia EOR are two types of companies which specialize in providing human resources services to businesses in Slovakia.
The main difference between a Slovakia PEO and a Slovakia EOR is in the scope of their services.
Slovakia PEOs provide a full range of HR services, including payroll, benefits administration, and employee recruiting—all under one roof as a co-employer. Engaging a Slovakia PEO is essentially outsourcing your HR duties in Slovakia.
Slovakia EORs actually take over as the legal employer of your employees based abroad. Slovakia EORs become responsible for labor compliance for your employees in Slovakia.
At Horizons, we offer both PEO and EOR services in Slovakia. Get in touch now and let us know what service you are seeking.
A PEO in Slovakia can feasibly hire both local and foreign nationals to work in Slovakia.
However, the ability of Horizons to sponsor your foreign national employee in Slovakia may be limited due to visa quotas practiced in many countries.
Contact us with your requirements and our Global Mobility team with review the case and get back to you within 2 business days.
In most cases, Horizons’ Slovakia PEO can hire & onboard your employee within 24 hours. The actual start date of the employee will depend on their notice period obligation to their previous employer as well as any relevant hiring rules in Slovakia.
It is possible to get a work visa in Slovakia. Horizons’ Global Mobility team is a dedicated team of work visa experts. They assess the details of each case to determine feasibility and costs before Horizons applies for the work visa on behalf of your employee. If the Global Mobility team determines that your case is feasible, the process is smooth and transparent. Visa spots in Slovakia are limited, however—get started today to secure your employees’ visa spot.