The Chamber of Accounting Services at the Slovenian Chamber of Commerce and Industry has published an article that dispels some of the most common myths about salaries in Slovenia. This is important information for employers and employees, as misconceptions often lead to wrong decisions and expectations.
The most common myths:
– The state covers the difference to the minimum wage: Not true. The employer is the one who must ensure the payment of the minimum wage to the employee, and the state does not refund this difference.
– All allowances are included in the minimum wage: False. The minimum wage does not include allowances for length of service, night work, Sunday work, and the like.
– Salary and salary costs are the same: False. The employer’s cost includes the gross salary, social security contributions, and taxes, so it is significantly higher than the net amount received by the employee.
Why is this important?
For companies and accounting services, understanding these differences is key when planning labor costs, preparing contracts, and communicating with employees. Incorrect information can lead to employee dissatisfaction and incorrect budget planning.
What can employers do?
– Educate their employees on the correct understanding of wages and labor costs.
– Check whether their contracts comply with the law.
– Cooperate with an accounting service that can provide accurate calculations and advice.
How can K2A Accounting Ljubljana help you?
Our experts help companies with the correct calculation of wages, preparation of personnel records and tax obligations, and advise on communication with employees regarding wages.