Working Hours in Slovakia
In Slovakia, the standard working week is 40 hours, which is usually spread over five days. The number of working hours per day should not exceed eight hours.
Overtime work is allowed in Slovakia, and employees who work beyond their normal working hours are entitled to overtime pay. The rate of overtime pay is usually 1.5 times the normal hourly rate.
Employment Rights and Benefits in Slovakia
Slovakia has a range of employment rights and benefits in place to ensure that workers are treated fairly and with respect. Some of the key employment rights and benefits in Slovakia include:
Employees in Slovakia are entitled to at least four weeks of paid annual leave per year. This entitlement increases to five weeks after five years of service.
Employees in Slovakia are entitled to a maximum of 10 days of sick leave per year. During this period, the employee is entitled to full pay.
Female employees in Slovakia are entitled to 34 weeks of paid maternity leave. This leave can be taken before or after the birth of the child.
End-of-service benefits are payments made to employees at the end of their employment contract. The amount of the payment is usually based on the length of service and the employee’s salary.
Pensions are mandatory in Slovakia, and employers are required to provide their employees with a pension scheme. The schemes are usually based on a defined contribution plan, where both the employer and employee contribute to the pension fund.
Pensions for Expats in Slovakia
Expats who work in Slovakia are entitled to the same pension benefits as Slovakian citizens. The pension system in Slovakia is based on a defined contribution plan, where both the employer and employee contribute to the pension fund.
Expats who have worked in Slovakia for at least five years may be eligible for a pension when they reach the retirement age. The amount of the pension is usually based on the individual’s average salary and the number of years they have worked in Slovakia.
Retirement Age in Slovakia
The retirement age in Slovakia is currently 62 years for men and 57 years for women. However, the retirement age will gradually increase to 64 years for both men and women by 2026.
It is important to note that the retirement age may change in the future, depending on the economic and demographic circumstances in Slovakia.
Slovakia offers a range of employment terms and conditions in place to ensure that workers are treated fairly and with respect. From annual leave to sick leave and pensions, Slovakian law ensures that employees are provided with adequate benefits.
Expats who work in Slovakia are entitled to the same pension benefits as Slovakian citizens, and it is important for them to understand their entitlements and obligations under Slovakian employment law to ensure that they are receiving the benefits they are entitled to and complying with their legal requirements as employees or self-employed workers.
The retirement age in Slovakia may change in the future, and it is important for individuals to plan for their retirement accordingly, whether through a pension scheme provided by their employer or a private pension scheme.
Overall, Slovakia offers a range of employment terms and conditions that are designed to protect workers and ensure that they are treated fairly. Expats who work in Slovakia can expect to receive similar benefits to Slovakian nationals, and it is important for them to understand their entitlements and obligations under Slovakian employment law.