EMPLOYER OF RECORD IN AUSTRIA
Expand your orbit in Austria.
Pebl’s International PEO (Professional Employer Organization) solution helps companies quickly and compliantly set up their business in Austria. In helping you bypass the costly and time-consuming entity establishment process, our PEO service ensures a streamlined, cost-effective transition into Austria.
When you enlist Pebl as your Austria PEO partner, we become your Employer of Record. We handle all the details to support your employees in Austria—from benefits and payroll to risk mitigation and compliance—while you retain complete control of your supported employees. By taking care of all the behind-the-scenes requirements of operating in Austria, we give you the ability to focus on running your business.
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EUR
Currency, Euro, €
8.9M
Population
407B
Economy
Hiring Considerations in Austria
- Austria is the 11th strongest economy in the world in terms of GDP (gross domestic product) per capita. As a member of the EU, Austria has access to a wide range of economically competitive trading partners. The country’s central location in Europe attracts investors drawn to its proximity to other EU economies.
- Austrian workers have a reputation for being highly educated and skilled. The country ranks 10th in the world in terms of education spending per student. The World Economic Forum (WEF) ranks Austria as the world’s 16th most skilled workforce and the second strongest vocational training system.
- Workers in Austria also possess a penchant for innovation. On a per-capita basis, Austria boasts the world’s fifth-most trademark applications, third-most international co-invention, and eighth-most patent applications.
Employment Contracts in Austria
- In Austria, wage refers to remuneration paid to manual workers, while a salary relates to the remuneration paid to white-collar workers.
- Minimum wage in Austria is 1500 € per month. There is no minimum salary for white-collar workers.
Paid Time Off & Benefits
- Maternity leave in Austria begins eight weeks before birth and ends eight weeks after. Female employees on maternity leave receive a maternity allowance approximately equal to the average of her last 13 weeks of pay.
- Freelance contractors are also eligible for this maternity benefit.
Payroll
- Regular working hours in Austria include an eight-hour workday and a 40-hour workweek.
- Many industries have collective agreements which shorten the regular workweek to 38 hours. Other collective agreements extend the regular workday to 10 hours over four days, enabling a long weekend.
- Collective agreements in specific industries, such as tourism and service, stipulate that certain weeks may include more or less than normal working hours as long as the yearly average is 40 hours per week.
Employer Contributions
Employer Contribution | Burden |
|---|---|
Accident Insurance | 1.3% |
Health Insurance | 3.78% |
Unemployment Insurance | 3% |
Pension Insurance | 12.55% |
Total | 20.63% |
More countries we serve
Browse the countries below to learn more about hiring and paying employees compliantly in each market.