Bulgaria is a country in Southeast Europe with Romania, Serbia and North Macedonia, Greece, and Turkey as its bordering countries. Its capital and largest city is Sofia while other major cities include Plovdiv, Varna, and Burgas.
Bulgaria is a founding state of the Organization for Security and Co-operation in Europe (OSCE) and is a member of NATO, the European Union, and the Council of Europe. The country's economy revolves around services industries, in addition to mining and agriculture. Even though Bulgaria has the lowest GDP per capita and joint-lowest Human Development Index in the European Union, it is a developing country with an upper-middle-income economy.
6,912,730 (Mar 7 2021)
$$ (91 of 139 nations)
Bulgaria is emerging as a notable destination for tech talent in Eastern Europe. The country boasts a strong and growing pool of skilled software developers, engineers, and IT professionals. Bulgarian universities produce graduates with a solid foundation in computer science and technology, while the lower cost of living and business-friendly environment make it an attractive location for tech companies and startups. Sofia, Bulgaria's capital, has become a thriving tech hub, fostering innovation and collaboration within the industry. Bulgarian tech talent is gaining recognition for its expertise and versatility, contributing to the country's growing presence in the global tech sector.
Looking to employ workers in Bulgaria? Companies hiring in Bulgaria must either own a legal entity in the country or work with a global employment solutions provider, usually one that provides employer of record services.
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Companies that are looking to hire people in Bulgaria must ensure they have a deep understanding of the Bulgarian Labour Code. Legislation in Bulgaria is also closely linked to the labour laws of the European Union. Companies that are looking to employ people in Bulgaria must understand the specific Bulgarian laws around equal pay for men and women, the limitations of overtime, bans on workplace discrimination, and the specific legislative requirements of managing sick leave for Bulgarian employees.
Common questions that could come up during the hiring process include the minimum wage, overtime rates, and guaranteed paid time off.
To employ workers in Bulgaria, contact Outstaffer to learn more about your options.
Bulgaria, like many other countries, treats self-employed individuals or contractors and full-time employees differently. Misclassification of contractors in Bulgaria may lead to fines and penalties for the offending company.
Below are national public holidays applicable for all regions in this country
Outstaffer supports our clients by offering competitive benefits packages that will help you attract and retain the best talent across the globe! Our benefits specialists have done the research on norms and requirements in each local market and have crafted packages that will allow your employees to thrive, no matter what country they live in.Our benefits packages in Bulgaria are tailored to fulfil the local needs of your employees. Typically, our packages contain some or all of the following benefits:
In Bulgaria, there are various laws to be followed by both employers and employees in the case of a termination. For example, if there is a mutual agreement between the parties to terminate the employment contract, it is easily dealt with, by communicating it in writing. However, if the employee is part of a union, then the employer will have to take permission from the union before terminating the employee.
Employers face significant complexity managing any form of termination, as there are so many specific types of terminations specifically outlined in the labour code and other employment laws.
Potential reasons for terminations: