Bosnia and Herzegovina offers a unique blend of opportunities for business expansion, but navigating local regulations and labor markets can be challenging. Lundi's expertise can help you succeed in this market.
In Bosnia and Herzegovina, professional recruitment agency fees range from 22-27% of the first-year annual base salary of a recruited employee. Recruitment agencies also require an upfront retainer and payment in advance installments of the agency fee based on milestones such as start of recruitment, presentation of candidates, and scheduling interviews with a candidate shortlist.
We know this might sound overwhelming—but it doesn’t have to be. A solution like Lundi eliminates the barriers for you. With Lundi, you can recruit talent across 70+ countries, easily managing recruitment—all in one, easy-to-use platform. Get an overview of what you need to know when hiring in Bosnia and Herzegovina below.
In Bosnia and Herzegovina, employees are required to give a minimum of seven days notice, and a maximum of 30 days notice.
Employers are required to give a minimum notice period of 14 days, and a maximum of three months notice.
Employer can terminate employment with notice because of:
No notice is required if either party is in severe breach of contract.
In case of a violation of work duties, notice of termination can be given within 60 days of finding out about the violation, and up to a year after the incident took place.
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