How to hire remote employees in

Bosnia & Herzegovina

On this page, you’ll learn how to hire remote talent in Bosnia & Herzegovina without having to trudge through months of legal paperwork and shell out thousands of dollars. Shall we?

Country snapshot

CURRENCY
Bosnia And Herzegovina Convertible Mark
EMPLOYER TAXES
11.5%
PAYROLL FREQUENCY
Monthly
OFFICIAL LANGUAGE
Croatian

What to know before you hire in 

Bosnia & Herzegovina

So you want to hire in Bosnia & Herzegovina. You’ll have to make a decision: Do you want to hire your new remote talent as employees, or do you want to hire them as contractors? Conventional wisdom might say employees, but hiring abroad is hardly conventional—below, we’ll cover what you need to know about your options.

If you want to successfully hire in 

Bosnia & Herzegovina

, you have two options:

Hire talent as contractors

Laws about hiring contractors are significantly more simple in 

Bosnia & Herzegovina

. Onboarding talent takes days, not weeks or months. Both you, the company, and your talent have more flexibility. And in many cases, since you’re remote, the talent you’re hiring is better classified as a contractor, anyway. Of course, it’s not possible in every case, but it’s what we built Panther for.

Hire talent as employees

This is the long route. You can either establish a physical presence with an entity and register as an employer, or you can use an Employer-of-Record (EOR) solution. Odds are, you’ll find using an EOR to be the easier route. Still, using an EOR in 

Bosnia & Herzegovina

 is expensive—it can often be $500 per month per employee—and sometimes prone to lengthy onboarding times.

Why hire independent contractors in 

Bosnia & Herzegovina

Hiring contractors is normally the easier, faster, more flexible choice—but don’t just take it from us. Below are the specific benefits and drawbacks to hiring contractors in 

Bosnia & Herzegovina

.

It’s the fastest way to hire globally

Hiring employees takes months, at the minimum. When you hire with Panther’s locally-generated contracts, it’s a matter of days or weeks. This means you can hire the best talent, fast, without losing them to a hellish procession of paperwork.

It’s a lot cheaper

It costs just $0 to sign up for Panther, then $49 per month to hire your contractors with Panther. If you hired employees manually (or did contracting on your own), you’d likely be on the hook for thousands of dollars each month. Setting up an entity alone can cost tens of thousands of dollars.

It’s more flexible for you & your team

Hiring contractors in 

Bosnia & Herzegovina

 means you’re generally not on the hook for things like health insurance and paid time off. This makes hiring flexible for you, and it gives your talent more options.

It’s less risky than hiring employees

Hiring employees is a bigger commitment, and generally puts you at a bigger risk for legal fees. When you hire contractors overseas, your biggest risk is misclassification—but even then, misclassification penalties are often minimal and just require you to pay off any compensation that the person would have been owed as an employee.

Some people want to be employees

The contractor life isn’t for everyone—some people want the security that being an employee often appears to provide. Though it’s rare, this does happen, and it’s one disadvantage of manage an all-contractor team.

You might not have as much control over your talent

Most countries’ contractor-employer relationship laws stipulate that the employer can’t set fixed working hours, among other things. These laws give contractors more freedom over how and when they do their work than an employee would have. In reality, however, most contractors are willing & able to work on the company’s schedule—it’s a matter of setting expectations beforehand.

How can I pay people in 

Bosnia & Herzegovina

?

If you’re hiring contractors in 

Bosnia & Herzegovina

, you can pay them with Panther in a single click. You won’t need to worry about complicated wire transfers, fees, or currency conversions. We’ll take care of it all. Just make a click and your contractor will get paid in their currency of choice. This is a valuable bonus for talent in countries where the local currency is particularly weak—most people appreciate the ability to receive their payment in stronger currencies.

Hiring and paying your team in 

Bosnia & Herzegovina

Hire and pay with Panther

Pay everyone with a single click
Get great currency conversion rates
Pay $0 in platform fees
Run payroll in seconds
Let Panther automatically create & store invoices
Let Panther automatically write locally-compliant contracts
Let Panther automatically file local tax documents

Hire and pay without Panther

Pay all your contractors individually
Do all currency conversions yourself
Shoulder the burden of platform fees
Spend hours each month making payments
Manually track & store invoices
Manually write & sign contracts
Manually file relevant tax documents

Let Panther save you from hiring headaches.

Sign up today for $0

If you want to hire employees in 

Bosnia & Herzegovina

If you’ve read up until this point, you’ll know that it’s easier, cheaper, and more flexible to hire contractors in Bosnia & Herzegovina than employees. Still, there are valid reasons why you might want to hire employees instead. The content below is for you—we’ll cover employer taxes and obligations in Bosnia & Herzegovina.

Taxes in 

Bosnia & Herzegovina

Employer tax

Pension and Invalid Insurance

Health Insurance

Unemployment Insurance

Protection from Natural and Other Disasters

Water Protection Charge

Individual tax

Leave

Paid Time Off (PTO)

In Bosnia & Herzegovina, employees who are going to work for the first time or who have not worked for more than 15 months, become entitled to leave after working for six months.

Employees receive a minimum of 20 days of paid leave annually, and a maximum of 30 days. Employees under 18 and employees who work in hazardous occupations are entitled to additional leave.

Public Holidays

There are 18 public holidays.

Sick Days

Employees receive 100% of their salary compensation if the absence is due to work injury, pregnancy, or organ transplant. The first 42 days of compensation are paid by the employer. After the first 42 days, sick pay is refunded by the state.

In FBiH sick pay is a minimum of 80% of the employee’s salary compensation and no less than the minimum monthly salary. RS sick pay is a minimum of 70% of the employee’s salary compensation. The first 30 days are paid by the employer and after that it is paid by the state.

Maternity Leave

Leave is mandatory 28 days before birth and must be taken for a minimum period of 42 days after birth. Maternity leave is paid at full salary for the duration of the employee’s leave.

When a specialist decides that the child needs more than normal treatment, a breastfeeding mother is entitled to two absences per day to nurse her child until the child is one year old, and parents of children aged one to three years old are entitled to serve part-time, at half pay.

Disabled children's parents have special protections. Normally, an employee who is pregnant and on maternity leave cannot be fired.

Paternity Leave

The Father can participate or use the mother's unused maternity leave if the parents consent. One adult has the freedom to exercise any of these rights in situations of adoption or foster parenting.

Parental Leave

Apart from maternity and paternity leave, there is no other parental leave.

Other Leave

No Info.

Marriage Leave

In Bosnia &Herzegovina law Article 46, an employee shall be entitled to paid absence from work of up to seven working days in one calendar year - paid leave

Bereavement Leave

Employees is entitled to paid absence from work up to seven working days in the event of serious disease or death of a family.

Termination

Termination Process

Employees may be terminated with notice if the termination is justified for business reasons or if the employee is unable to fulfill his or her assigned responsibilities and the employer is unable to transfer or retrain the employee for a new position with reasonable effort.

Notice Period

The notice of the termination must be given in writing and provide a justification for the dismissal.

In the FBH, the employer must provide the written notice a minimum of 14 days in advance, unless the employee is on probation, where only seven days of notice is required. An employee must give seven days of notice when quitting.

Severance Pay

The Severance Pay in Bosnia & Herzegovina depends on the Duration of Employment:

  • determined by the collective bargaining agreement, rule book, and employment contract
  • cannot be less than one-third of the average monthly wage for the preceding three months for each full year of service with the employer.

Probation Period

Probation period not last longer than 6 months for the Federation of Bosnia and Herzegovina, and 3 months for the Republic of Srpska.

Employee requirements in 

Bosnia & Herzegovina

Working Hours

The standard working hours in Bosnia & Herzegovina is 40 hours.

Employees are entitled to a break of at least 30 minutes when working more than 6 hours daily, and at least a continuous period of 24 hours weekly

Overtime

In Bosnia & Herzegovina, employees overtime is limited to 10 hours per week in most cases and must be justified by an emergency or a sudden operational need for the increased hours.

A workweek can in some cases be extended, with the hours reduced in other weeks to ensure the average workweek for the relevant period of time is limited to 52 hours, or 60 hours for seasonal workers.

Want to hire contractors, anywhere? Start with Panther today for $0.

Start for $0
No credit card required