4. February 2021 at 08:25 Modified at 28. jan

Invest in Slovakia: Everything important about wages and employment relations

Practical information from Investment Advisory Guide

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This article was published in Investment Advisory Guide - Your key to understanding the Slovak business environment.

What is the minimum wage and unemployment rate in Slovakia? What is the timeline for mass recruitment and what contractual obligations should you be aware of as an employer? Read below to learn the ins and outs of the Slovak labour market.

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(source: Investment Guide)

Number of national holidays: 14
Paid holidays: 20 days (25 days for employees aged 33+)
Notice period: one month at least
Minimum wage: €816 (as of 2025)
Average nominal monthly wage (2023): €1,430
Average nominal monthly wage (2022): €1,304
Monthly wage costs (2022): €1,987
Social and health insurance: Employers pay for their employees 11% health insurance and 25.2% social insurance as a % of their brutto wage.

Detailed breakdown:

Labour Market - Slovakia & the European Union
(Based on Labour Force Survey)

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