Parliament adopts amendments to labor legislation
Deputies in the Serbian assembly on Friday adopted two bills amending and modifying the Labor Law and the Law on Pension and Disability Insurance (PIO).
Friday, 18.07.2014.
12:44
Parliament adopts amendments to labor legislation
The amendments to the PIO law received 190 votes in favor and 22 against, with three MPs not voting.The amendments to the Labor Law provide for the right to seniority-based compensation of 0.4 percent per year of employment with the current employer.
The redundancy payment will amount to a minimum of one third of earnings for each completed year of service with the current employer.
The severance package at retirement will no longer amount to three, but rather two average salaries of the employee.
Employees will be entitled to a 26 percent financial compensation for night work, but no compensation for shift work.
Trade unions denounced the new legislation as detrimental to workers' rights, and organized protests.
Opposition parties claimed during the debate that the proposed changes were "catastrophic," and would fail to increase employment and attract investors.
RTS is reporting that out of 169 amendments submitted to the bills, only two were accepted.
Opposition DS party group chief Borko Stefanović said that none of the key demands tabled by the trade unions was adopted.
Presenting the bills earlier in the week, Labor Minister Aleksandar Vulin said they changes were designed to "better protect workers, not cause them damage," and represented "an important step in economic reforms."
"This is not a law to sack workers, but to establish the necessary balance between the world of labor and the world of capital," Vulin said, and noted the legislation was "harmonized with European rules."
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