- Country Guide
- Austria
Austria
Last Update by Katie, 09 Aug 2024
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Exchange Rate
18 Sep 2024
Cost of Living
Indicative value for a working adult in a city: Vienna
Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff
| Living Requirement | Indicative Amount (EUR) |
|---|---|
| McDonalds Set Meal | 10 |
| Monthly Train and Bus Tickets | 40 |
| 3 Bedrooms Rental (City Center) | 1,917 |
| 3 Bedrooms Rental (Outskirt) | 1,341 |
Current Inflation Rate
5.6%
Wage
Minimum Wages
- Depends on the type of industry and collective agreement -minimum 1,500 EUR per month
Median Salary
Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.
| Job Level | Monthly Salary (EUR) |
|---|---|
|
Entry-Level
Fresh Graduate
|
1,800 |
|
Mid-Level
5 Years
|
3,000 |
|
Experienced & Managerial Level
10 Years
|
6,000 |
|
Specialized & Senior-Level
15 Years
|
8,000 |
Annual Salary Growth
3%
Statutory Contribution
Country Level
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Health Insurance |
3.87% Contribution base capped at 6,060 EUR per month |
3.87% | All Staff |
| Accident Insurance |
1.10% Contribution base capped at 6,060 EUR per month |
- | All Staff |
| Pension and Disability Insurance |
12.55% Contribution base capped at 6,060 EUR per month |
10.25% | All Staff |
| Unemployment Insurance |
*2.95% Contribution monthly base capping 1,951.00 EUR - 0% 1,951.01 - 2,128.00 EUR: 1% 2,128.01 - 2,306.00 EUR: 2% Over 2,306.00 EUR: 2.95%* |
2.95% | All staff |
| Wage Protection in Bankruptcy Proceedings Act (IESG) | 0.10% | - | All Staff |
| Chamber of Labour Levy (AK) | - | 0.5% | All Staff |
| Housing Subsidy Contribution |
0.50% Contribution base capped at 6,060 EUR per month |
0.50% | All Staff |
| Bad weather compensation | 0.7% | 0.7% | Staff ln the construction industry who have bad weather regulations |
| Family Burdens Equalisation Levy(FLAF) | 3.9% | - | All Staff |
| Severance Guarantee Fund (Mandatory) | 1.53% | - | All Staff |
| Municipal Payroll Tax | 3% | - | All Staff |
| Chamber of Commerce Tax | 0.4% | - | All Staff |
Other Benefit
Other common employment benefits in Austria include:
- 13th and 14th salary:
- 13th salary paid in November or December
- 14th salary paid in June or July (required by collective agreements) - Public transport tickets: Around 50 EUR per month
- Meal vouchers: Up to 8 EUR per day
Income Tax
Residents
-
Tax period: 1st January - 31st December
Filing Due Date: 30th April
Country Level
| Taxable Income | Rate |
|---|---|
| 0-11,693 | 0% |
| 11,693-19,134 | 20% |
| 19,134-32,075 | 30% |
| 32,075-62,080 | 41% |
| 62,080-93,120 | 48% |
| 93,120-1 million | 50% |
| over 1 million | 55% |
Non-residents
- Depends on the double taxation agreement between countries. Typically, only income originating in Austria is taxed - Tax rate from 20% to 55%
Working Hours
Statutory
40 hours
8 hours, 5 days a week
Typical practice
40/ 38.5 hours (in collective agreements)
Monday- Friday
Overtime
Maximum 60 hours per week
- Surcharge of 50%
- 1 hour paid at 1.5 hours regular pay
Employment Contract
Permanent
Contract Format
Can be written or verbal issued before employment begins. The master copy should be in German, further copies can be in English if it is understood by both parties
Payroll Currency
EUR
Probation
1 month
Contract Period
No minimum duration
Termination
-
Involuntary termination:
- 1 month notice – can be extended to 6 months -
Notice period for employers:
- 1-2 years' service: 6 weeks
- 3 year's service: 2 months
- 5 year's service: 3 months
- 15 years' service: 4 months
- 25 years' service: – 5 months -
Severance:
- Employers deposit 1.53% gross salary to a dedicated severance account
Public Holiday
11 days
Country Level
| Date | Name |
|---|---|
| 01 Jan | New Year's Day |
| 06 Jan | Epiphany |
| 01 Apr | Easter Monday |
| 01 May | Labor Day |
| 09 May | Feast of the Ascension of Jesus Christ |
| 20 May | Pentecost Monday |
| 30 May | Feast of Corpus Christi |
| 15 Aug | Assumption of Mary |
| 26 Oct | National Day |
| 01 Nov | All Saints' Day |
| 08 Dec | Feast of the Immaculate Conception |
| 25 Dec | Christmas Day |
| 26 Dec | Saint Stephen's Day |
State/Province Level
Kärnten
| Date | Name |
|---|---|
| 19 Mar | Saint Joseph's Day |
| 10 Oct | Plebiscite Day |
Leave
| Leave Type | Entitlement | Notes |
|---|---|---|
| Annual Leave |
25 working days - staff working 5 day weeks 30 working days - staff working 6 day weeks |
All staff after 6 months' service |
| Sick Leave | Up to 52 weeks | All staff with 6 months social security contributions in the past 12 months |
| Maternity Leave |
16 weeks 8 weeks before birth, 8 weeks after |
Expectant mothers |
| Paternity Leave | 1 month | All expectant fathers before the child turns 2 |
| Parental Leave | 2 months minimum | Staff with children up to child's 2nd birthday |
| Childcare Leave | Up to 2 weeks per year | Staff with sick relatives or children from the first day of service |
Reference
- https://www.numbeo.com/cost-of-living/in/Vienna
- https://www.bmaw.gv.at/Themen/Arbeitsrecht/Urlaub-und-Freistellung.html%20
- https://finanzrechner.at/brutto-netto/sozialversicherung
- https://www.oesterreich.gv.at/themen/familie_und_partnerschaft/geburt-eines-kindes/5/1/wochengeld.html
- https://www.usp.gv.at/en/mitarbeiter-und-gesundheit/beendigung-des-arbeitsverhaeltnisses/kuendigung.html
- https://www.oesterreich.gv.at/lexicon/H/Seite.991498.html
- https://www.wko.at/abfertigung/start?_x_tr_sl=de&_x_tr_tl=pl&_x_tr_hl=pl&_x_tr_pto=wapp
- https://www.arbeitskammer.de/fileadmin/user_upload/---------------AK_Download_Datenbank-------------/Ueber_uns/Mitgliedsbeitraege/AK-Beitrag-2024.pdf
- https://www.usp.gv.at/mitarbeiter-und-gesundheit/urlaub-und-arbeitszeit/ueberstunden-und-hoechstarbeitszeit.html
- https://taxsummaries.pwc.com/austria/corporate/other-taxes
- https://www.usp.gv.at/en/mitarbeiter-und-gesundheit/gesundheit/krankenstand.html
- https://www.migration.gv.at/en/living-and-working-in-austria/working/leave-annual-leave-parental-leave-etc/#:~:text=Mothers%20and%20fathers%20are%20entitled%20to%20parental%20leave,period%20of%20the%20parental%20leave%20is%20two%20months.
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Contact UsCountry Guide - Austria
Last updated: 09 Aug 2024
Exchange Rate
Currency (EUR)
- 1 CNY = 0.185 EUR
- 1 USD = 1.32 EUR
Other currencies can be retrieved via the country guide link above.
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Labor Cost Calculator
To know the total employer cost for hiring a staff with certain salary, please go to our main site: https://marcopayroll.com
Cost of Living
Indicative value for a working adult in a city: Vienna
Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff
| Living Requirement | Indicative Amount (EUR) |
|---|---|
| McDonalds Set Meal | 10 |
| Monthly Train and Bus Tickets | 40 |
| 3 Bedrooms Rental (City Center) | 1,917 |
| 3 Bedrooms Rental (Outskirt) | 1,341 |
Current Inflation Rate
5.6%
Wage
Minimum Wages
- Depends on the type of industry and collective agreement -minimum 1,500 EUR per month
Median Salary
Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.
| Job Level | Monthly Salary (EUR) |
|---|---|
|
Entry-Level
Fresh Graduate
|
1,800 |
|
Mid-Level
5 Years
|
3,000 |
|
Experienced & Managerial Level
10 Years
|
6,000 |
|
Specialized & Senior-Level
15 Years
|
8,000 |
Annual Salary Growth
3%
Statutory Contribution
Country Level
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Health Insurance |
3.87% Contribution base capped at 6,060 EUR per month |
3.87% | All Staff |
| Accident Insurance |
1.10% Contribution base capped at 6,060 EUR per month |
- | All Staff |
| Pension and Disability Insurance |
12.55% Contribution base capped at 6,060 EUR per month |
10.25% | All Staff |
| Unemployment Insurance |
*2.95% Contribution monthly base capping 1,951.00 EUR - 0% 1,951.01 - 2,128.00 EUR: 1% 2,128.01 - 2,306.00 EUR: 2% Over 2,306.00 EUR: 2.95%* |
2.95% | All staff |
| Wage Protection in Bankruptcy Proceedings Act (IESG) | 0.10% | - | All Staff |
| Chamber of Labour Levy (AK) | - | 0.5% | All Staff |
| Housing Subsidy Contribution |
0.50% Contribution base capped at 6,060 EUR per month |
0.50% | All Staff |
| Bad weather compensation | 0.7% | 0.7% | Staff ln the construction industry who have bad weather regulations |
| Family Burdens Equalisation Levy(FLAF) | 3.9% | - | All Staff |
| Severance Guarantee Fund (Mandatory) | 1.53% | - | All Staff |
| Municipal Payroll Tax | 3% | - | All Staff |
| Chamber of Commerce Tax | 0.4% | - | All Staff |
Other Benefit
Other common employment benefits in Austria include:
- 13th and 14th salary:
- 13th salary paid in November or December
- 14th salary paid in June or July (required by collective agreements) - Public transport tickets: Around 50 EUR per month
- Meal vouchers: Up to 8 EUR per day
Income Tax
Residents
-
Tax period: 1st January - 31st December
Filing Due Date: 30th April
Country Level
| Taxable Income | Rate |
|---|---|
| 0-11,693 | 0% |
| 11,693-19,134 | 20% |
| 19,134-32,075 | 30% |
| 32,075-62,080 | 41% |
| 62,080-93,120 | 48% |
| 93,120-1 million | 50% |
| over 1 million | 55% |
Non-residents
- Depends on the double taxation agreement between countries. Typically, only income originating in Austria is taxed - Tax rate from 20% to 55%
Working Hours
Statutory
40 hours
8 hours, 5 days a week
Typical practice
40/ 38.5 hours (in collective agreements)
Monday- Friday
Overtime
Maximum 60 hours per week
- Surcharge of 50%
- 1 hour paid at 1.5 hours regular pay
Employment Contract
Fixed-Term
Used for seasonal, posting foreign workers on assignments or specific or specialised project work
Probation
1 month
Termination
-
Involuntary termination:
- 1 month notice – can be extended to 6 months -
Notice period for employers:
- Employers must provide specific objective reasons for dismissal in writing
- 1-2 years' service: 6 weeks
- 3 year's service: 2 months
- 5 year's service: 3 months
- 15 years' service: 4 months
- 25 years' service: – 5 months -
Severance:
- Employers deposit 1.53% gross salary to a dedicated severance account
Permanent
Probation
1 month
Termination
-
Involuntary termination:
- 1 month notice – can be extended to 6 months -
Notice period for employers:
- 1-2 years' service: 6 weeks
- 3 year's service: 2 months
- 5 year's service: 3 months
- 15 years' service: 4 months
- 25 years' service: – 5 months -
Severance:
- Employers deposit 1.53% gross salary to a dedicated severance account
Public Holiday
11 days
2024
| Date | Name |
|---|---|
2025
| Date | Name |
|---|---|
Leave
| Leave Type | Entitlement | Notes |
|---|---|---|
| Annual Leave |
25 working days - staff working 5 day weeks 30 working days - staff working 6 day weeks |
All staff after 6 months' service |
| Sick Leave | Up to 52 weeks | All staff with 6 months social security contributions in the past 12 months |
| Maternity Leave |
16 weeks 8 weeks before birth, 8 weeks after |
Expectant mothers |
| Paternity Leave | 1 month | All expectant fathers before the child turns 2 |
| Parental Leave | 2 months minimum | Staff with children up to child's 2nd birthday |
| Childcare Leave | Up to 2 weeks per year | Staff with sick relatives or children from the first day of service |
Reference
- https://www.numbeo.com/cost-of-living/in/Vienna
- https://www.bmaw.gv.at/Themen/Arbeitsrecht/Urlaub-und-Freistellung.html%20
- https://finanzrechner.at/brutto-netto/sozialversicherung
- https://www.oesterreich.gv.at/themen/familie_und_partnerschaft/geburt-eines-kindes/5/1/wochengeld.html
- https://www.usp.gv.at/en/mitarbeiter-und-gesundheit/beendigung-des-arbeitsverhaeltnisses/kuendigung.html
- https://www.oesterreich.gv.at/lexicon/H/Seite.991498.html
- https://www.wko.at/abfertigung/start?_x_tr_sl=de&_x_tr_tl=pl&_x_tr_hl=pl&_x_tr_pto=wapp
- https://www.arbeitskammer.de/fileadmin/user_upload/---------------AK_Download_Datenbank-------------/Ueber_uns/Mitgliedsbeitraege/AK-Beitrag-2024.pdf
- https://www.usp.gv.at/mitarbeiter-und-gesundheit/urlaub-und-arbeitszeit/ueberstunden-und-hoechstarbeitszeit.html
- https://taxsummaries.pwc.com/austria/corporate/other-taxes
- https://www.usp.gv.at/en/mitarbeiter-und-gesundheit/gesundheit/krankenstand.html
- https://www.migration.gv.at/en/living-and-working-in-austria/working/leave-annual-leave-parental-leave-etc/#:~:text=Mothers%20and%20fathers%20are%20entitled%20to%20parental%20leave,period%20of%20the%20parental%20leave%20is%20two%20months.
Contact Info
-
Singapore (Headquarters)
8 Marina Boulevard, MBFC Tower 1, #11-01, Singapore, 018981
+65 6653 4334 -
China (Headquarters)
79 Jianguo Road, China Central Place Tower 2, #09-52, Beijing, 100025
+86 10 6580 0555 -
China (Service Center)
23 Dagong Street, Eton Place Tower 2, Unit 1808, Dalian, 116001
-
United States
445 S Figueroa St, 31st Floor, Los Angeles, California, 90071
-
United Kingdom
71 - 75 Shelton Street, London, England GB
-
Netherlands
Vijzelstraat 68, 1017 HL, Amsterdam
-
Australia
Level 22, Salesforce Tower, 180 George Street, Sydney, NSW 2000