Hire your remote team in Albania

Name: Hire a remote team in Albania
Brand: Rivermate
SKU: albania
Price: 499 EUR
Availability: InStock
Rating: 4.4 (5 reviews)

Only 499 EUR per employee per month

We currently do not offer any services in this country.
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Hiring a remote team in a country as Albania comes with a lot of overhead, such as compliance, local laws, taxes, etc. As a company, you don't want to worry about knowing all the local laws. Instead you want to focus on your remote team and the business. Rivermate's Employer of Record (EOR) solution helps companies hire remote employees in Albania. We take care of global payroll, taxes, benefits, compliance and HR activities. So you can focus on growing your business.

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1. Hire a remote team in Albania with Rivermate

Payroll, benefits, taxes, and compliance can be difficult to manage in Albania, particularly if you don't have established local relationships. You can hire employees in Albania effectively, conveniently, and in full compliance with all relevant labor laws using Rivermate's global Employer of Record (EOR) solution. We handle the responsibilities and legal risks associated with foreign employment so you can concentrate on growing your company.

Table of contents

Hire a remote team with Rivermate
Introduction
Hiring a remote team in your country
Cost of living
Cost of renting
Major industries
Hiring cost
Employment laws
Top skills
Economic landscape
Market size
Minimum wage
Why choose Rivermate?

2. Introduction

Rivermate is a global employment solutions company that provides Employer of Record services in Albania.

As an employer of record, we help you hire employees and run payroll services in Albania, allowing you to avoid the necessity of first establishing a branch office or subsidiary in Albania.

It is not necessary to establish an entity in order to hire an employee. We can hire your employee in any country with a few mouse clicks. Using our Employer of Record solution, you can have full compliance, benefits, and automated payments.

If you wish to hire a remote team in Albania or individually hire remote employees in Albania, Rivermate’s global employer of record services will make sure that the process will be as seamless as possible for you.

Send us a message so we can talk about how Rivermate’s Employer of Record Albania services can best help your company!

3. Hire a remote team in Albania

Hiring remote employees in Albania is a decision that requires a lot of analysis and scrutiny. Recruiting the right employees is another important task. To prevent penalties and delays, employers must learn how to recruit Albanian personnel and understand the country's employment compliance rules.

4. Cost of living in Albania

Recognizing the cost of living is critical before a company decides to hire remote employees in Albania. The cost of living in a nation is determined by a variety of variables, including the city in which the individual resides, state income, the sort of industry prominent in that region, lifestyle, and taxation laws, among others. However, the fundamental element determining a country's cost of living is its location. The following information will provide an overview of the cost of living in Albania.

In Tirana, Albania, the country’s capital, the average cost of living without rent for a family of four is USD 1170 or 120568 Lek per month. With rent, the average cost of living in Albania is approximately USD 1162 or 168177 Lek a month.

For a single person, the average cost of living in Albania (Tirana) for a single person is USD 388 or 39983 Lek per month not including rent. With rent, the average monthly cost of living is USD 687 or 70795 Lek.

As previously mentioned, the average cost of living in Tirana, Albania is USD 687. This is the 32nd least expensive city in the world. Vlore, another city in Albania, has an average cost of living of USD 616 OR 63478 Lek in a month. The country’s capital is only 1.62 times more expensive than a non-capital city. This makes Albania a good choice for hiring remote employees.

5. Cost of renting in Albania

The average cost of renting in Albania is 250 lek (USD 250) per month.

6. Major industries in Albania

The top three industries employers will want to hire remote employees from Albania are the agriculture, industrial, and service sectors.

The agriculture sector is a very important economic sector for Albania, employing 36% of the workforce. It accounts for 18.5 percent of the total GDP in the nation. The industrial sector employs 20% of the country's current active population. This industry is rapidly expanding and will be in high demand in the future. Albania's new dynamism is the service industry. Telecommunications and financial intermediation are the two essential services that attract Foreign Direct Investment (FDI). Telecommunications, on the other hand, is the most active and in-demand service industry in the Albanian economy.

7. Hiring cost in Albania

The hiring cost in another country is an essential aspect to consider when hiring workers. Screening checks, legal aid, translator, staffing agency, hiring committee, the establishment of a legal organization, and ads are all considerations. Other variables that influence recruiting expenses include the cost of living in a place, training, onboarding, and opportunity costs.

8. Employment laws Albania

The Albanian Labor Code states that normal daily working hours cannot exceed eight hours.

According to the Albanian Labor Code, all employment contracts must be in writing.

If an employee has already completed 48 working hours in a week, the employer cannot require the employee to conduct extra work or chores.

An Albanian company should not discriminate against workers during the recruiting process or after they are hired, should safeguard them from corruption, and should enable them to form unions.

Workplace health and safety regulations must be respected, and pregnant women must be safeguarded.

Employers must observe minimum wage legislation, yearly holiday laws, paid leave laws, and overtime limitations to safeguard all Albanian employees.

9. Top skills Albania

The following are the salary structures in all the employment industries in Albania.

Administration – 45,953 Lek

Agriculture, Food Industry – 42,354 Lek

Economy, Accounting, Finance – 62,930 Lek

Arts & Culture – 47,435 Lek

Banking – 68,309 Lek

Chemical Industry – 55,888 Lek

Car Industry – 54,404 Lek

Commerce – 53,802 Lek

Construction & Real Estate – 60,436 Lek

Education, Science & Research – 50,203 Lek

Electrical & Power Engineering – 58,611 Lek

General Labor – 40,991 Lek

Human Resources – 63,901 Lek

Information Technology – 83,393 Lek

Journalism, Arts & Media – 50,717 Lek

Law & Legislation – 69,078 Lekn

Management – 87,698 Lek

Marketing, Advertising, PR – 61,662 Lek

Mechanical Engineering – 55,958 Lek

Medicine & Social Care – 49,170 Lek

Mining, Metallurgy – 58,615 Lek

Pharmaceutical Industry – 63,023 Lek

Production – 50,981 Lek

Public Administration – 57,071 Lek

Quality Management – 62,912 Lek

Textile, Leather Industry – 34,764 Lek

Top Management – 128,680 Lek

Tourism, Hotel Business – 42,516 Lek

Translating, Interpreting – 54,655 Lek

Transport, Haulage, Logistics – 46,923 Lek

Forestry, Environment – 53,221 Lek

Wood Processing Industry – 45,624 Lek

Security & Protection – 48,325 Lek

Service Industries – 41,790 Lek

Technology, Development – 75,762 Lek

Telecommunications – 67,706 Lek

Working persons in Albania earn between 30,548.00 Lek (minimum wage) and 99,003.00 Lek (highest wage) (maximum salary).

10. Economic landscape in Albania

Following the impact in 2020, the GDP is predicted to rise by 4.4 percent in 2021. According to the IMF, the country's consumer price inflation would reach 2% in 2021.

11. Market size in Albania

Albania is an upper-middle-income nation with a GDP per capita of USD 5,286 (2020 IMF projection) and a population of over 2.9 million people. According to the IMF, Albania's GDP would fall by 3.5 percent in 2020 as a result of the COVID-19 epidemic and the November 2019 earthquake. The reduction is lower than expected owing to positive net growth in the construction, real estate, and agricultural sectors, which is fuelled by government expenditure and private real estate investments.

Albania has promising export opportunities in all industries, notably energy, oil and gas, tourism, healthcare, food, infrastructure, construction, and information and communication technology (ICT.)

12. Minimum wage in Albania

Albania's minimum wage is currently 30,000 Albanian lek (ALL), or 290 US dollars per month. However, the country frequently increases its minimum wage, and employers should be aware of any changes that may affect their employees.

13.Why choose Rivermate to hire your remote team in Albania?

Establishing an entity in Albania to hire a team takes time, money, and effort. The labor law in Albania has strong worker employment protection, requiring great attention to details and a thorough awareness of local best practices. Rivermate makes expanding into Albania simple and effortless. We can assist you with hiring your preferred talent, managing HR and payroll, and ensuring compliance with local legislation without the hassle of establishing a foreign branch office or subsidiary. Our PEO and Global Employer of Record (EOR) solutions in Albania give you peace of mind so you can focus on running your business. Please contact us if you'd like to learn more about how Rivermate can help you hire employees in Albania via our Employer of Record (EOR) / PEO solution.