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Foreign Investors Council
47, Gospodar Jevremova Street, IV Floor, 11000 Belgrade, Serbia
Phone: +381 11 3281 958, 3281 965
e-mail: office@fic.org.rs

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01. December 2014.

More Labour Law Changes Needed

In an opinion for daily Danas published on December 1, HR Committee President Dejan Jecmenica told that the new Labour Law brought significant improvements, but that further changes are still needed.

"We would outline that there are still problems remaining to be resolved - staff leasing is still not regulated, extended application of collective agreements is not fully abolished, while the issue of the way of calculation of salaries during vacation and sick live is not yet resolved in a satisfying way", he said. As main improvements, HR Committee President cited extension of fixed term contract, calculation of severance payment only for the time spent by the last employer and restrictions for the extended application of the branch collective agreements. "However, passing of the new modernized Labour Law should be followed by the consistent implementation. Only this way the state will ensure level playing field for all participants in the market", Dejan Jecmenica said. HR Committee President concluded that the Law brought concrete steps forward, although it's too early to talk about the concrete results.

FIC GUIDE

FIC GUIDE
Guide to Foreign Investors Council in Serbia 2016/17

White Book

White Book
Published yearly since 2003, goal of the White Book is to enable removing unneeded barriers and make doing business in Serbia easier, thus enabling better inflow of investments. It is promoted every year in the fourth quarter at the prestigious high-level event.

Rcc

Rcc
Reality Check Conference is an important tool in achieving FIC goals: it is an event meant to remind the authorities about the recommendations from the latest White Book edition and check status of their implementation.