Slovakia has numerous castles and chateaus, including Spiš Castle, Bojnice Castle, and Bratislava Castle.
Payroll and Benefits Guide - Slovakia
Fun Facts
The world’s oldest known statue of Venus, the Venus of Moravany, was found in Slovakia.
The national symbol of Slovakia is the double-cross, known as the Cross of Lorraine.
Ice hockey is a popular sport in Slovakia.
The official language of Slovakia is Slovak.
Slovakian inventor Ján Bahýľ patented the parachute in 1895.
Contributions
Employee Payroll Tax
| Contribution Type | Rate |
| Sickness Insurance | 1.40% |
| Old Age Pension | 4.00% |
| Disability Insurance | 3.00% |
| Unemployment Insurance | 1.00% |
| Health Insurance | 4.00% |
Employer Payroll Tax
| Contribution Type | Rate |
| Sickness Insurance | 1.40% |
| Old Age Pension | 14.00% |
| Disability Insurancee | 3.00% |
| Unemployment Insurance | 1.00% |
| Guarantee Insurance | 0.25% |
| Accident Insurance | 0.80% |
| Solidarity Reserve Fund | 4.75% |
| Health Insurance | 10.00% |
Payroll
Payroll Cycle
The payroll cycles are monthly.
13th Salary
There is no legal requirement for 13-month payments. Employers may issue bonuses at their discretion.
Work Hours and Week
A standard work week is 40 hours, at 8 hours per day.
Overtime
All work over the standard working hours a week is to be paid as overtime and is regulated by employment contract/collective agreements.
Leave
Paid Time Off
Typically, the standard annual leave allowance is four weeks.
Public Holidays
Public holidays that fall on the weekend are usually lost.
Sick Days
Employees have a sick leave entitlement of ten days, during which they receive paid leave.
Maternity Leave
Female employees have the right to 34 weeks of paid maternity leave. In the case of multiple births, the entitlement increases to 43 weeks, while single mothers are entitled to 37 weeks of paid maternity leave.
Typically, maternity leave begins between six and eight weeks before the expected delivery date, and the duration of leave cannot be less than 14 weeks as mandated by law.
During maternity leave, the Social Security agency provides compensation at a rate of 75.00% of the employee’s daily salary.
Paternity Leave
If a mother is not receiving maternity or parental benefits, the child’s father may take leave beginning when the child is six weeks old for 28 weeks.
Parental Leave
Parents or guardians have the option to request parental leave until their child reaches three years of age.
Termination
Termination Process
The termination process is determined by the specific provisions outlined in the Employment Agreement or Collective Agreement, taking into account the type of contract and the reason for termination.
Notice Period
All employees must be given at least one months’ notice.
Severance Pay
An employee’s length of service and the reason and type of termination determines the severance pay rate.If an employee is terminated with notice, a minimum of four times the employee’s average monthly earnings is to be paid.
Probation Period
Probation Period
Probation periods may vary depending on the employment contract in place. A probation period is limited to three months for operational roles or six months for managerial positions.
Immigration
Slovakia offers various options for employers who wish to hire foreign nationals through its immigration system.
As a member of the European Union (EU) and the Schengen Area, Slovakia follows certain requirements and regulations.
The specific criteria, processing times, employment eligibility, and benefits for accompanying family members may vary depending on the type of permit sought.
Visa requirements, regulations, and exemptions can differ based on individual circumstances, including nationality and purpose of travel.
For Work Permits
EU Intra-Company Transferee Permit
Single Permit for Local Hires
EU Blue Card
VAT
The standard VAT rate is 20%.