Employee benefits in Bulgaria come under the Labour Code, supplemented by specific legislation such as the Protection against Discrimination Act, the Safe and Healthy Work Conditions Act, the Social Security Code, the Civil Procedures Code and the Personal Data Protection Act. Foreign companies hiring employees in Bulgaria must operate within this framework of legislation, which provides safeguards and guarantees for the workforce.
Foreign companies’ responsibilities reach beyond simply complying with tax, social security, and payroll regulations. Failure to comply with specific rules applying to benefits and entitlements runs the risk of fines and sanctions. Employers must have a firm grasp of what is guaranteed for their employees, which will affect the employer-employee relationship. This is where Bradford Jacobs points you in the right direction, drawing on over 20 years of experience as a Professional Employment Organisation (PEO) and Employer of Record (EOR).
The Labour Code is the central legislation framework regulating the relationship in Bulgaria between employers and employees. Other acts and laws specifically deal with anti-discrimination in the workplace, healthy working conditions, the role of collective agreements and employee protection against employers becoming bankrupt. As a member of the European Union, there are also areas where EU Directives influence employment practices.
Guaranteed Benefits:
Health insurance programs in Bulgaria are administered by the National Social Security Institute (NSSI). The state organisation oversees compulsory social security provisions for ill health, maternity, unemployment, occupational illness and injury, disability benefits and pensions for old age and survivors. The NSSI’s Supervisory Board comprises representatives from the state plus employer and employee organisations.
The National Health Insurance Fund covers benefits and mandatory health insurance for all Bulgarian citizens, plus foreigners who live in Bulgaria and do not have health insurance provided in another European Union member nation. Visits to a general practitioner are subject to a small user charge.
Employers and employees contribute to the social security and health insurance funds between 32.7% and 33.4%. Employers’ contribution is between 18.92%-19.62%, with 13.78% withheld and remitted from employees’ salaries.
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