Severance package

Program on surplus employees enters into force

BELGRADE - This year's Serbian government program to deal with the issue of surplus employees in the enterprises that should be privatized in processes led by the Privatization Agency, including 188 of them that will file for bankruptcy, has entered into force, the Official Gazette of the Republic of Serbia has said.

What is offered by proposed amendments to Labor Law?

BELGRADE – The draft amendments to the Serbian Labour Law, which will be presented before the members of the Serbian parliament on Tuesday and whose adoption is being opposed to by representative trade unions, provide that employees’ right to seniority-based financial compensation of 0.4 percent per year of service can only be exercised with their current employer.