Last Updated on February 14, 2023
Key Points
- Serbia’s minimum wages will increase nationwide to RSD 183.93 per hour in 2021
- The new minimum wages are a 6.6% increase from the 2020 minimum wage level of RSD 172.54
- New wage levels apply to foreign workers with pending, new, and current applications
- Salaries are subject to fluctuation based on the number of working hours each month
- Benefits and allowances may not be included in minimum wage calculations
Overview
The Serbian government has announced a minimum wage increase to RSD 183.93 per hour in 2021. The new wage levels apply nationwide.
What are the Changes?
Serbia’s national minimum wage will increase by 6.6% in 2021. The new minimum wage of RSD 183.93 per hour replaces the 2020 minimum wage level of RSD 172.54 net per hour.
Who is Affected?
The change applies to all locally hired foreign workers with new, current, and pending applications.
What Should Employers and Applicants Know?
The employee’s monthly salary is subject to fluctuate based on the number of working hours per month. In 2021, for example, January had 184 working hours, while there are 160 working hours in February.
Benefits and allowances cannot be included in the employee’s minimum wage calculations.
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Content in this publication is not intended as legal advice, nor should it be relied on as such. For additional information on the issues discussed, consult an Envoy-affiliated attorney or another qualified professional.
