North Macedonia

Last Update by Katie, 12 Aug 2024

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Exchange Rate

18 Sep 2024

 

Cost of Living

Indicative value for a working adult in a city: Skopje

Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff

Living Requirement Indicative Amount (MKD)
McDonalds Set Meal 300
Monthly Train and Bus Tickets 1,475
3 Bedrooms Rental (City Center) 31,782
3 Bedrooms Rental (Outskirt) 21,920

Current Inflation Rate

4%

Wage

Minimum Wages

  • 22,500 MKD per month as of March 2024

Median Salary

Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.

Job Level Monthly Salary (MKD)
Entry-Level
Fresh Graduate
 35,000
Mid-Level
5 Years
 45,000
Experienced & Managerial Level
10 Years
 75,000
Specialized & Senior-Level
15 Years
 100,000

Annual Salary Growth

13%

Statutory Contribution

The highest base for monthly payment of social security contributions is 16 times the average salary paid in North Macedonia
No social contributions due on the difference above this threshold

Country Level

Type Employer Rates Employee Rates Notes
Pension and Disability Insurance (PDIF) - 18.8%
On 50% average monthly salary 		All staff
Health Insurance (FZOM) - 7.5%
On 50% average monthly salary 		All staff
Employment Insurance (AVRM) - 1.2%
On 50% average monthly salary 		All staff
Additional Health Insurance - 0.5%
On 50% average monthly salary 		All staff

Other Benefit

Other common employment benefits in North Macedonia include:

  • 13 month salary is commonly paid at the end of the year
  • Additional International Medical Insurance: Around 150 USD per month

Income Tax

Residents

  • Tax Period: 1st January - 31st December
    Filing Due Date: 15th march following year
  • Residents are taxed on worldwide income at a flat tax rate of 10%

Non-residents

  • Non-Residents are taxed only on income generated in North Macedonia.

Working Hours

Statutory

40 hours
8 hours a day, 5 days a week

Typical practice

40 hours
Monday to Friday

Overtime

Overtime work may not exceed 8 hours weekly and 190 hours a year

  • Normal overtime: Paid at 135% of normal rate
  • Work on a weekly rest days: Paid at 150% of normal rate

Employment Contract

Permanent

Contract Format

Must be in writing in Macedonian. Bilingual Macedonia to English contracts are accepted and a copy is sent to staff

Payroll Currency

MKD

Probation

Up to 4 months

Contract Period

No minimum duration

Termination

  • Notice during probation:
    - For staff: 3 days
    - For employers: When probation ends
  • Voluntary resignation:
    - Up to 2 years' service: 15 days
    - Over 2 years' service: 30 days
  • Involuntary termination:
    - Up to 2 years' service: 30 days
    - 2-5 years' service: 60 days
    - Over 5 years' service: 90 days
  • Severance:
    - Staff being made redundant are eligible
    - Up to 5 years' service: 1 month average salary
    - 5 -10 years' service: 2.5 months' average salary
    - 10 -15 years' service: 3.5 months' average salary
    - 15 - 20 years' service: 4.5 months' average salary
    - 20 - 25 years' service: 6 months' average salary
    - Over 25 years' service: 7 months' average salary

Public Holiday

11 days

Country Level

Date Name
01 Jan New Year's Day
07 Jan - 08 Jan Orthodox Christmas Day
10 Apr Ramazan Bajram
01 May Labor Day
06 May Orthodox Easter Monday
24 May Saints Cyril and Methodius Day
02 Aug Ilinden Day
08 Sep - 09 Sep Independence Day
11 Oct Revolution Day
23 Oct Day of the Macedonian Revolutionary Struggle
08 Dec - 09 Dec Saint Clement of Ohrid Day

Leave

Leave Type Entitlement Notes
Annual Leave 20 working days - up to 5 years' service
21 working days - 10 years' service
22 working days - 15 years' service
23 working days - 20 years' service
24 working days - 25 years' service
25 working days - 30 years' service
26 working days - Over 30 years' service 		All staff after 6 months' service
Sick Leave 30 days All staff
Maternity Leave 9 months- single birth
15 months - multiple births
28 days taken before child birth 		All expectant mothers with 6 months' service
Paternity Leave 7 working days All expectant fathers
Parental Leave Up to 3 months All staff with children up to 3 years old
Bereavement Leave 7 days for death of spouse, child or parent
3 days for death of sibling, grandparent or in-law 		All staff
Other Leave Up to 7 working days per year All staff for marriage, child's marriage, taking exams, process of adopting a child

Reference

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