Government approves incentives for employers

The Serbian government has adopted incentive measures to increase employment, which include incentives for employers who hire new workers.

Izvor: Tanjug

Thursday, 12.05.2011.

16:57

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The Serbian government has adopted incentive measures to increase employment, which include incentives for employers who hire new workers. Employers will not pay pension and disability insurance and 30 percent of income tax for newly employed workers . Government approves incentives for employers If an employer hires a person younger than the age of 30 or older than the age of 45, they will not have to pay income tax and pension and disability insurance at all. The incentives will be effective for a year after the new worker was employed. These measures can be used by employers that previously did not use incentives for newly opened positions, provided that they do not reduce the number of employees from the March 31 level. Mirko Cvetkovic (Tanjug)

Government approves incentives for employers

If an employer hires a person younger than the age of 30 or older than the age of 45, they will not have to pay income tax and pension and disability insurance at all.

The incentives will be effective for a year after the new worker was employed.

These measures can be used by employers that previously did not use incentives for newly opened positions, provided that they do not reduce the number of employees from the March 31 level.

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