- Hits: 17474
North Macedonia prides itself with its educated, highly-qualified, and ethical workforce that is available to foreign investors. The average gross monthly salary is €580. Educational standards at technical higher educational institutions in North Macedonia resemble those of the Western countries. Workers are welcoming of continuing education and life-long learning, successfully completing customized vocational trainings. The Government is willing to help investors in the process of labor force training by participating in such programs.
EDUCATION GEARED FOR BUSINESS
The Macedonian educational system makes mandatory elementary and high school education as well as English language education starting in the first grade of elementary school. In addition to standard high schools, many vocational high schools in each city enable students to learn various trades. There are seven public and numerous private internationally recognized universities and colleges.
Every year approximately 80% of high school graduates are enrolled in universities, and there was a 35% increase in the total number of undergraduate degrees in the past several years. With 45% of the population under 30 years of age, the country offers a young, educated, and skilled workforce.
The average gross monthly salary in 2019 is €580. This amount includes the net salary, personal income tax and social contributions for pension and disability insurance, health insurance and employment insurance. The minimum salary for each professional branch is defined by Collective agreements.
The Government of the Republic of North Macedonia in the past few years significantly reduced social security contributions. Further reductions are planned and their implementation depending on the general economic conditions in the country.
Social Security Contribution in North Macedonia
The recently enacted new Labor Law, prepared in accordance with the EU standards, provides increased flexibility of the labor market by offering and promoting flexible and different employment contracts and flexibility of working time. Also, reforms in this sphere have introduced training programs, support for entrepreneurs, as well as improvement of the overall business climate.
Collective agreements, concluded on the country level, regulate employment rights, and obligations and responsibilities of the employees and employers. The leading trade union organization of the employees concludes a general collective agreement.
The Law on Establishment of Employment Relations with Foreign Persons regulates the employment of foreign persons in North Macedonia. According to the provisions of the Law, foreign persons, or persons without nationality, can be employed in North Macedonia upon obtaining a work permit. The Employment Agency of the Republic of North Macedonia issues the work permit upon an employer’s request.