Hiring employees in Bosnia and Herzegovina is essential to a successful incorporation. Your employees are the ones who will help build your company every day, and hiring the right people will make...
Read MoreHiring employees in Bosnia and Herzegovina is essential to a successful incorporation. Your employees are the ones who will help build your company every day, and hiring the right people will make a difference in your daily operations. However, it’s not as simple as just recruiting and hiring talented employees. You have to follow Bosnia and Herzegovina employment compliance laws and continue to manage your parent company and subsidiary.
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Hiring employees in Bosnia and Herzegovina is essential to a successful incorporation. Your employees are the ones who will help build your company every day, and hiring the right people will make a difference in your daily operations. However, it’s not as simple as just recruiting and hiring talented employees. You have to follow Bosnia and Herzegovina employment compliance laws and continue to manage your parent company and subsidiary.
Globalization Partners offers Bosnia and Herzegovina hiring outsourcing that can help you find the right talent, onboard them, and stay compliant. We use our subsidiaries all over the world to help companies expand faster without having to set up their own entities. Our team will either onboard your preferred candidates or find the best talent for your positions, and we’ll get them started in as little as a day or two.
You’ll need to consider some of the logistics of staffing and recruiting in Bosnia, such as the best in-country recruitment channels and your company’s legal obligations.
In terms of sourcing talent in Bosnia, your options are similar to those in any other country. You can start the recruitment process by advertising your open positions in local newspapers and posting them on job boards. This process can take a while, especially if your company is just entering the market overseas.
Many international companies outsource recruitment to speed up the process, partnering with a traditional hiring agency in Bosnia and Herzegovina. However, some agencies can come with steep fees, so it’s important to do your research before choosing this avenue. Your third option would be working with a global PEO that offers staffing and recruiting services as part of their overall platform.
In Bosnia and Herzegovina, the Law on the Prohibition of Discrimination sets forth a variety of protections for citizens and anyone else in the country. The law prohibits discriminatory practices based on a wide range of characteristics, including the following:
This law applies to all bodies within Bosnia’s public and private sectors, including employers, so it’s crucial to make sure your company complies from day one of the recruitment process. If you’re concerned about compliance risks, consider partnering with a global PEO that will act as your Employer of Record overseas.
The process of hiring employees in Bosnia and Herzegovina will vary based on whether you’re in the Federation of Bosnia and Herzegovina (FBiH) or Republika Srpska (RS). FBiH recognizes several different types of employment, including permanent, temporary, part-time, seasonal, and probationary. All Bosnia and Herzegovina employment compliance laws in both regions must get stipulated in an employment contract for a definite or indefinite period.
Once employees sign the contract, you need to register them with the Pension/Disability Fund as well as the Health Fund. Probation periods cannot exceed six months in FBiH and three months in RS.
Since it’s legally required to have a written employment contract in place in both FBiH and RS, it’s important to outline the right terms. All contracts should be in the local language and use Bosnian convertible marks for salary and compensation amounts. Every contract also needs to include terms such as:
Since every company works differently, you can choose how to onboard the Bosnia and Herzegovina employees you hire. Since employment contracts are important in the country, we recommend reviewing all contracts with employees during their first day or week with the company. Then, you can start providing job training to prepare them for their specific position. If you can, we recommend traveling to Bosnia and Herzegovina to welcome new employees and show them how important they are to the company.
Although hiring is an exciting process, it also requires a significant amount of time. Plus, foreign companies have to set up a subsidiary before they can hire Bosnia and Herzegovina employees. Globalization Partners makes hiring easier through Bosnia and Herzegovina hiring outsourcing. We’ll handle the entire hiring process on your behalf, which means you won’t have to worry about Bosnia and Herzegovina employment compliance. Instead, you can focus on running your company.
Hiring in a foreign country doesn’t have to be stressful. Contact Globalization Partners today for more information about Bosnia and Herzegovina hiring outsourcing.
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