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Generally, the notice period in Bulgaria is 30 days, provided no agreement for a longer notice period has been reached (for a maximum of 3 months). Art. 329 of the Labour Code allows the employer to exercise the so-called suffrage (social choice) in cases of termination for partial enterprise dissolution operation, staff reduction or decrease ...
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According to the latest Annual report of the Institute of Economic Studies at the Bulgarian Academy of Sciences, the average salary in Bulgaria is only a quarter (1/4) of the average salary in the EU, and should be two times higher when the labour productivity is calculated in the formula. [38]
This applies to all employees within the Bulgarian social security system who earn the minimum wage or above, though only up to the maximum social security income (3,750 BGN per month in 2024 [8]). Employers must withhold 13.78% from an employee's gross remuneration, and directly pay an additional 18.92-19.62%, with the exact amount depending ...
English. Read; Edit; View history; Tools. ... Gross average monthly wages cover total wages and salaries in cash and in kind, before any tax deduction and before ...
About Wikipedia; Contact us; Contribute Help; ... This is a list of salaries of heads of state and government per year, ... Bulgaria: 79,000 USD 50,000 ...
A maximum wage, also often called a wage ceiling, is a legal limit on how much income an individual can earn. [1] It is a prescribed limitation which can be used to effect change in an economic structure.
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