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New minimum wage regulations effective January 1, 2025: Key changes for employers and employees

Starting January 1, 2025, the new minimum labor price, excluding taxes and mandatory social insurance contributions, will be 308 dinars (net) per working hour,...

President announces increased pensions, higher minimum wage and public sector salaries for 2024

Serbian President Aleksandar Vučić has announced a series of economic measures aimed at improving the financial situation of citizens in the coming months. In...

Serbia’s minimum wage to rise by 13.7% in 2025 amidst growing living costs

Starting January 1, 2025, the minimum wage in Serbia will increase by 13.7%, reaching an average of 53,590 dinars, with the minimum hourly wage...

Union Chief cautions that rising prices could erase minimum wage increase for 2025

The Secretary of the Federation of Independent Trade Unions of Serbia (SSSS), Zoran Mihajlović, stated today that the recent increases in utility prices and...

President announces minimum wage negotiations and record foreign investment growth in Serbia

President Aleksandar Vučić highlighted two significant economic developments in Serbia. First, on August 15, discussions will begin between the Serbian government, trade unions and...
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