Serbia’s economy relies heavily on the service sector. It has accounted for 51.5% of the country’s GDP and has provided jobs for 57% of their workforce in 2021. Tourism is seen as the main driver for the service sector. Moreover, the IT industry in Serbia has been drastically growing and has made up 6.9% of the country’s GDP.
Major economic hubs:
Belgrade, Novi Sad, Niš
Skills in demand:
Computer Science and IT jobs, (Java and JavaScript developer, Net developer, and PHP developer) Sales, and Engineering
Local Universities
The top local universities in Serbia are as follows:
Univerzitet u Beogradu
RANKING
Local: 1
World : 519
Univerzitet u Novom Sadu
RANKING
Local: 2
World : 1182
Univerzitet u Nišu
RANKING
Local: 3
World : 1954
Univerzitet u Kragujevcu
RANKING
Local: 4
World : 3100
Universiteti i Prishtinës
RANKING
Local: 5
World : 4749
Salary Data
The below table mentions some common jobs in Serbia with average monthly Salary;
Every employee in Serbia is protected by the country’s labor laws and regulation. Employers must have a thorough understanding with these rules for the benefit of their Serbian constituents. Below are some basic information you need to know when onboarding workers from the country.
Employee Contract
Employment contracts in Serbia must strictly be in writing. It must be written in a language that all parties understand. However, it has been a common practice to draw contracts in the Serbian language.
Probation Period
The Probation period in Serbia is 6 months.
Public and Provincial Holidays 2024
Date
Local name
Name
Mon 01/01/2024
Nova Godina
New Year’s Day
Tue 02/01/2024
Nova Godina
New Year’s Day
Sun 07/01/2024
Božić
Christmas Day
Thu 15/02/2024
Dan državnosti Srbije
Statehood Day
Fri 16/02/2024
Dan državnosti Srbije
Statehood Day
Wed 01/05/2024
Praznik rada
Labour Day
Thu 02/05/2024
Praznik rada
Labour Day
Fri 03/05/2024
Veliki petak
Good Friday
Sun 05/05/2024
Vaskrs (Uskrs)
Easter Sunday
Mon 06/05/2024
Vaskrsni (Uskrsni) ponedeljak
Easter Monday
Mon 11/11/2024
Dan primirja
Armistice Day
Employee Leaves
Type of Leave
Time Period
Mandatory
Annual Leave
20 days
Yes
Sick Leave
30 days
Yes
Maternity Leave
365 days
Yes
Payroll
Payroll Cycle
Payroll in Serbia is paid once every month.
Minimum Wage
The minimum wage in Serbia varies depending on the employees’ working hours, as stated below:
Foreign employees in Serbia must secure a work permit to work in the country. The Validity of these documents can be from 3 to 12 months and may be renewed upon expiration. Additionally, they must also apply for a residence permit to legally stay in Serbia for employment purposes.
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