No matter where you’re based out of, we can tell you one thing: Montenegro has different labor laws than your home country (well, unless your home country is Montenegro, of course). If you don’t do things right, you’ll be putting your company at the risk of fines—and risk losing the talent you brought onboard.
If you want to successfully hire in
Montenegro
, you have two options:
Laws about hiring contractors are significantly more simple in
Montenegro
. 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.
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
Montenegro
is expensive—it can often be $500 per month per employee—and sometimes prone to lengthy onboarding times.
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
Montenegro
.
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 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.
Hiring contractors in
Montenegro
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.
Hiring employees is a bigger commitment, and can open you up to increased liabilities and regulations. When you hire contractors overseas, your biggest risk is misclassification—but laws surrounding contractor classification are often significantly more straightforward.
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.
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.
If you’re hiring contractors in
Montenegro
, 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.
If you’ve read up until this point, you’ll know that it’s easier, cheaper, and more flexible to hire contractors in Montenegro 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 Montenegro
PTO is calculated by the:
There are 14 official public holidays.
The duration of sick leave entitlement provided to workers is dependent on how long they have been employed by their employer:
Pregnant employees receive 98 days of paid maternity leave. 28 days are taken prior to birth and 70 days are taken after childbirth.
See parental leave.
Parental leave can be used after the completion of maternity leave for a duration of 365 days. Each parent is entitled to an even share of the leave.
Parental leave that one parent started using may be transferred to the other parent upon expiry of 30 days from the date when that parent started using the parental leave.
If this is done, the parent who transferred the right to the other parent shall not be entitled to the continuation of the use of parental leave.
None.
None.
None.
To terminate an employee, an employer must have sufficient grounds by virtue of law and provide the required notice of termination.
The notice period in Montenegro is:
A written notice must be given at least 30 days prior to the date of termination of employment unless the employer and the employee agreed otherwise
Severance should not be lower than 3 average monthly wages free of taxes and contributions in the previous semester.
The probationary period is defined by a collective agreement with an employer or the labor contract and shall not exceed six months, except in case of a crewmember of a long-haul merchant mariner, where it may last until the ship returns to the homeport.
Full-time employment is 8 hours a day and 40 hours a week.
The maximum total work time per week is 50 hours but cannot exceed 48 work hours per week on average within a four-month period.
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