Minimum Wages in Slovakia
The Slovak labor market maintains a clear distinction between general and skilled workers regarding minimum compensation.
- General Workers: The minimum wage for general workers is set at €750 per month.
- Skilled Workers: Employees with specialized skills or qualifications receive a higher minimum wage of €900 per month.
Working Hours and Overtime Compensation
The standard workweek in Slovakia follows a 40-hour schedule.
Employers must compensate workers for overtime at regulated rates:
- Regular Overtime: Paid at 125% of the regular hourly wage.
- Sundays & Public Holidays: Employees working on these days receive 150% of their standard hourly rate.
Leave and Holiday Entitlements
Slovak labor laws ensure employees receive adequate leave and rest periods:
- Annual Leave: Employees are entitled to a minimum of 20 days of paid leave per year.
- Public Holidays: There are 15 public holidays annually, during which most employees are granted time off.
Taxes and Social Contributions
Employees in Slovakia are subject to progressive income tax rates and social security contributions:
- Income Tax: The state applies two brackets—19% for standard incomes and 25% for higher earnings.
- Social Security: Employers and employees together contribute approximately 13.4% of their gross salary towards social security, which covers healthcare, pensions, and other social benefits.
With its structured labor laws and employee protections, Slovakia provides a stable work environment for both local and foreign professionals.