Hiring in Bosnia & Herzegovina
One of Europe’s newest nations likely conjures up memories of the Yugoslav wars that took place in the region in the 1990s, but this beautiful, diverse nation has some amazing history, landscapes and people.
The complicated geography of Bosnia & Herzegovina is evident in its name, but the complications run deeper; ethnicities tend to define the still disputed maps, rather than a single collective national sentiment.
Bosnia & Herzegovina’s economy is something of a success story since the rebuilding of the nations following the Yugoslav wars. Thanks to extensive European investment and lots of hard work rebuilding a nation that lost an estimated $200 billion during the war, Bosnia & Herzegovina has become one of the most popular places in the Balkans to do business, a statement backed up by estimated GDP growth at around 3-5% for until 2025.
An increasingly skilled workforce and competitive wages compared to other nations in the region combine with high literacy and further education levels.
Why use TopSource Worldwide in Bosnia & Herzegovina?
We free your teams from the burden of managing payroll across borders, working diligently to ensure a seamless process across all activities.
We’ll manage the data flow from you to every local market and will return data to you in a readable format for each of your key teams, including payroll journals if needed.
Our services combine process excellence with a human-centric approach, and our top priority is always the care and compliance of your payroll — no matter where in the world you operate.
- Leverage our experience and ensure in-country Payroll compliance.
- Reduce processing and back office time.
- Align processes, reducing complexity and risk
- A single, centrally managed payroll system that delivers a fluid and consistent service to you and your employees.
- Flexibility of service — adapting to your needs, regardless of the market.
- The option to work with other providers you already have in place, if needed.
- Global HR data management and data tracking where required.
- Global payments support for both employees and authorities.
- A dedicated team and account manager so that you always have a central point of contact
What TopSource Worldwide provides in Bosnia & Herzegovina
- Simplicity – we provide one monthly consolidated invoice for the services provided inclusive of salaries, taxes, fees and employee expenses. This reduces banking costs and your finance teams time spent.
- One point of contact – a single Account manager looking after all your Payroll.
- Compliance – all funds payable to the employee are processed through payroll. You receive monthly evidence of taxation paid to the competent authorities in country.
- All services are provided by in-country experts that are professionally qualified in their respective fields.
- Electronic payslips for all employees.
- All Statutory filing completed by TopSource Worldwide.
We appreciate each situation and business is different. That is why we offer a consultative and bespoke solution to every client. We know one size does not ‘fit all’.
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