Testimonial
Manuel Ramos
TERAO ASIA
Managing Director
We think INS Global is a good solution about starting in a market like China. Understanding the market doesn’t mean you need to set up a company immediately.
5/5
Having a reliable global expansion partner can make the difference between success or failure in a new market. With INS Global you can enter new markets quickly and in full confidence of legal compliance in every way. INS Global has more than a decade of experience helping companies expand worldwide, and our team of experienced professionals are on hand at all times to offer advice and expertise.
Using an Employer of Record (EOR) in Slovenia will help you bring employees over and start operations without unnecessary delay. An EOR can also assist with recruitment and match you with the best local talent to meet your staff needs.
A Professional Employer Organization (PEO), which is similar to an EOR, can make your path to global expansion simpler and smoother. With a PEO handling all aspects of payroll, taxes, and HR services, you can focus your time and energy on reaching your market goals.
Dealing with an unfamiliar legal system can be tricky, and you will be prone to making more mistakes and having to pay costly fines. A PEO has an experienced legal team that will keep you and your employees compliant with all local labor and employment laws.
With a PEO partner you don’t need to waste resources on hiring any other outsourcing services; a PEO provides all the support you need, from recruitment and onboarding to payroll and taxes.
Having a PEO partner means you don’t have to worry about administrative details and can devote your time towards tasks only you can do.
Expanding with company incorporation can take months or even a year. A PEO can have you up and running within just a few days.
A PEO is your one-stop for everything you need to enter a new market speedily and safely.
Expanding via traditional company incorporation involves setting up your own branch or subsidiary. This means a lengthy and often complicated process that can take months to complete. On the other hand with a PEO you can enter new markets and set up within a week. A PEO acts as the legal entity so that you can enter new countries promptly and professionally.
Having a PEO partner also means:
Manuel Ramos
TERAO ASIA
Managing Director
We think INS Global is a good solution about starting in a market like China. Understanding the market doesn’t mean you need to set up a company immediately.
With a simple and clear 4 step plan INS Global can make your expansion goals in Slovenia a reality.
You may often see a PEO and EOR mentioned together, and while they do provide similar services, they are not identical. It’s important for you to understand how they operate so that you can make the right choice about which one to partner with.
The cost of expert EOR services in Slovenia is determined as a portion of a coworker’s monthly salary. This cost covers all HR duties necessary to guarantee adherence to all regional employment laws.
It is safe, legal, and effective to manage employer duties in Slovenia through an EOR without the need for a specific company structure in Slovenia. EOR services achieve this by retaining excellent HR support and engaging local legal experts.
Your team members will be totally protected by the law, get accurate and timely monthly payments, and have access to all Slovenian employee benefits with an EOR service agreement.
Independent contractors that operate with clients inside a Slovenian EOR framework have complete control over their work and may be qualified for many or all of the same advantages as regular employees or as if they were using an umbrella company.
By employing their extensive professional networks, in-depth understanding of local business resources and benchmarks, and a firm dedication to ethical hiring processes, our recruiting consultants can locate the best local talent in Slovenia for your requirements.
As a result, integrating these recruits into our Slovenian EOR system will be simpler and more efficient than when hired through more traditional hiring practices.
Through INS Global, you receive comprehensive compliance-assured employment outsourcing assistance from a truly international EOR services provider. This follows all applicable national, state, and municipal laws.
There’s a risk that certain Slovenian PEO or EOR service providers have stringent hiring standards or a cap on the number of workers you can hire at once. However, INS Global is aware that depending on your global company plan, you might need to scale up or down swiftly. Working with us gives you the flexibility to hire as few or as many individuals as you need to reach your objectives.
The following expenses should be taken into account: payroll costs, hiring fees, signing bonuses, and other direct and indirect costs, including incentive programs, handling the international employees’ taxes, and social insurance.
You can bypass laborious incorporation laws by employing Slovenian PEO services because you won’t need a local site.
Giving your employees the choice to work in a shared workspace or the freedom to do so whenever and wherever it’s most convenient is still a good idea, however, and INS Global can give you advice on providing suitable working environments in Slovenia.
We can handle the essential variances, such as visa and work permit procedures if Slovenian nationals or foreigners are subject to various local employment rules, tax legislation, or employee benefits.
For companies of all sizes, from SMEs to multinational corporations, the best EOR and PEO solutions are available to enable the effective and secure employment of foreign or local workers. If more workers are needed, our services can readily scale up to meet that need, and they can even take the place of more complicated internal HR requirements.
Businesses in a variety of industries that either don’t have their own structures in a target country (or desire to avoid cost-scaling issues while focusing on expansion) would benefit greatly from the legal expertise offered by PEO and EOR services.
Two alternative third parties that can be used to directly or indirectly hire independent contractors are staffing companies and umbrella businesses.
The majority of independent contractors in Slovenia work for themselves or own their own small enterprises. In accordance with Slovenian law, labor agreements, as opposed to employment contracts, must be used when hiring contractors.
Before the job begins, an independent contractor might be required to provide a CV, portfolio, verified references, and a signed NDA.
Payroll in Slovenia is processed every month at a minimum, with employers providing a detailed payslip and being responsible for deducting and managing tax and social security contributions. Payment has to be made no less than 18 days after the pay period, and all amounts must be paid in euros.
Slovenia’s minimum gross monthly wage was raised to €1,203.36 in 2023 to meet rising living costs.
Citizens of an EU state don’t require any additional paperwork to live and work in the country. For non-EU citizens, the following options are available in addition to an EU Blue Card (note: a Schengen area visa may be required depending on the country of origin):
In Slovenia, employer responsibilities include withholding and managing employee tax and social security contributions. In addition, employers must contribute a different amount toward an employee‘s social security fund. In Slovenia, this employer contribution is equivalent to 16.1% and covers the majority of employee benefits.
Employees in Slovenia are entitled to insurance for health and medical, pension, unemployment, childcare, and social assistance. In addition, all employees are eligible for paid leave for vacations, sickness, and parental reasons. Typically, companies in Slovenia will offer other employee perks as non-mandatory benefits like travel allowances or a 13th–month bonus.
All contract changes in Slovenia need to be agreed upon by both parties.
Social Security contributions and company taxes fund a national healthcare system. Employees in Slovenia can then produce a medical card when seeking treatment which covers the majority of a treatment‘s cost. However, end users will pay a minimal co-payment or may pay more for specialist services.
Notice periods in Slovenia are typically 15-30 days, with periods increasing by 2 days per year of service for employees with more than 2 years of service.
In cases where an employee is terminated for business reasons or without cause, employees are entitled to 20%, 25%, or 33% of a month’s standard salary per year of employment after 1-10, 10-20, or 20+ years of service, respectively. This amount cannot exceed 10X the amount monthly salary unless the conditions of a CBA state otherwise.
The Labor Inspectorate oversees the enactment of all government legislation concerning employment conditions and safety.
Employees are eligible for 11 days of paid public holidays per year plus 4 “work-free“ days, which are also paid.
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