Hire your remote team in Slovakia

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

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

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 Slovakia or individually hire remote employees in Slovakia, 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 Slovakia services can best help your company!

Slovakia's cost of living is $913, which is 1.02 times less expensive than the global average. Slovakia ranked 76th out of 197 countries in terms of cost of living and 50th in terms of quality of life.

In Slovakia, the average after-tax salary is $994, which is enough to cover living expenses for 1.1 months.

Slovakia has stable macroeconomic policies, which makes the country more appealing to US exporters.

Engineering, electronics, automation, service, and tourism are the major industries in Slovakia.

Slovakia's automotive industry continues to be a major source of deficit financing and export growth through FDI inflows.

Despite the disruption of foreign and domestic demand caused by the covid-19 pandemic, Slovakia has strong economic growth.

More emphasis should be placed in Slovakia on improving the skills of the population in order to create more jobs, boost productivity, and make the country's economy more resilient.

- In Slovakia, employment relationship legislation is governed by the Labor Code.

- An agreement must be drafted and signed by mutual agreement between the employee and the employer in order to establish employment relations.

- The Labour Code categorizes contract work into three types: activity contracts, work performance contracts, and temporary student contracts.

- A contract between the employee and the employer should include the following specifications in the written contract:

- Place of work

- Job Description

- Date of commencement of employment

- Salary (unless the agreement has been agreed in collective bargaining).

- An employee must be aware of the employer's safety, health, and work regulations, as well as the collective agreement.

- Employing people without establishing proper employment relationships is illegal.

- According to the Labour Code, there are two types of contracts in Slovakia. They are contracts that are both definite and indefinite. The Labour Law is more oriented toward a fixed contract period.

- A new employee is entitled to a three-month probationary period. For certain managerial positions, the period may be extended to six months.

- Employees are entitled to some cash and non-cash benefits while on the job.

- A new employee is entitled to a three-month probationary period. For certain managerial positions, the period may be extended to six months.

Despite the current pandemic situation, Slovakia's economy is expected to grow by 4.2% in 2021. Domestic demand is expected to rebound in the second half of 2021 as restrictions are lifted and vaccines are distributed. Slovakia's economy is expected to grow by 5.2% in 2022, as the unemployment crisis subsides.

The Slovak Republic has increased its minimum salary to 623 EUR per month in 2021. However, many workers earn more than 900 EUR a month, and possibly even more depending on the company's health. Salary and perks are both considered part of work income under Slovak Republic compensation rules.