Hiring, Paying and Caring for Talent in More Than 150 Nations
Fixed-term contracts are permitted in the FBiH region of Bosnia for a maximum of 3 years. There is no limit on renewals, but the total duration cannot exceed the 3 year maximum unless there is a termination period between contracts of at least 60 days. The contract may specify that it can be terminated early for specific reasons.
Probationary periods are permitted up to 6 months in the FBiH region. If the Worker fails to meet expectations as determined by a supervisor or other authorized individual, the employment agreement may be terminated with seven days' notice.
In FBiH, there are 6 public holidays, which are considered paid days off. Workers are also entitled to four days of leave for religious/traditional holidays; two of which are paid and two of which are unpaid. If a Worker works on a public holiday, they are entitled to a pay premium. However, the amount of the premium is not dictated by law so it is within the discretion of the employer or issued in accordance with the employment contract.
If a Worker falls ill, a competent doctor will determine the amount of leave the Worker requires by certificate. The Worker must notify the employer of the illness or injury within three days of the beginning of the absence. The employer must pay at least 80% of the Worker's wages (100% for work injuries and certain specific illnesses) during the leave period. If the absence lasts for more than 42 days, then a portion of the wages issued may be reimbursed by the competent health insurance fund.
If a Worker falls ill, a competent doctor will determine the amount of leave the Worker requires by certificate. The Worker must notify the employer of the illness or injury within three days of the beginning of the absence. The employer must pay at least 80% of the Worker's wages (100% for work injuries and certain specific illnesses) during the leave period. If the absence lasts for more than 42 days, then a portion of the wages issued may be reimbursed by the competent health insurance fund.
Work in excess of the maximum working hours is considered overtime, which is payable at a premium. However, the premium rate is not prescribed by law. Therefore, it is within the employer's discretion or issued in accordance with the employment contrract. In no event may a Worker work more than 8 hours of overtime per week. Minors must never work overtime.
Creating a worldwide workforce is a continuous process that extends beyond a contract.
TCWGlobal surpasses the typical employer of record (EOR) by ensuring that your team receives personalized attention, ranging from smooth payrolling management to customized benefits based on your specific needs and location.
