Serbia: Operating a Business in Serbia
2018 | 2019 | 2020 | |
Labour Force | 3,242,002 | 3,240,312 | 3,167,119 |
Source: International Labour Organization, ILOSTAT database
2017 | 2018 | 2019 | |
Total activity rate | 66.22% | 67.40% | 67.60% |
Men activity rate | 73.04% | 74.33% | 74.15% |
Women activity rate | 59.42% | 60.46% | 61.03% |
Source: International Labour Organization, ILOSTAT database
Any person over 15 and in good general health can be employed. The work contract may be fixed-term, for a year maximum, or open-ended. A work contract may be drawn up for part-time work, and in that case social security contributions are calculated proportionally to the time worked. It is possible to employ trainees, for a year maximum.
The law concerning work has greatly evolved over the last five years. Measures have been taken to make the labor market more flexible; up to now it had mostly favored employees : now hiring and firing have been made easier, maternity leave shortened. Amendments to labor law are expected in the coming months.
The EU and NATO criticized Serbia for not having caught people suspected of war crimes. However, this did not stop Serbia being admitted to the NATO Partnership for Peace Program in December. Arrears of salary continue to be a serious problem and low wages have been behind mass demonstrations of police and railway employees.
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Latest Update: May 2024