According to Velocity Global's employment agreement template, when is the salary due in Austria?

In Austria, salary payments are structured as follows:

• The 12 monthly salaries are paid at the end of each month in retrospect, meaning they are paid for the prior month.
• The 13th monthly salary is paid together with the salary for June.
• The 14th monthly salary is paid together with the salary for November.

According to our Employee Handbook, supported employees receive their pay on the last day of the month. If the pay day falls on a weekend, the salary is typically paid on the preceding Friday. Supported employees are encouraged to participate in direct (electronic) deposit of their payroll funds with a financial institution of their choice.

What date does the law specify salary must be paid in Austria?

There is no specific legislation in Austria that dictates a mandatory salary payment date. However, it is generally expected for the salary to be paid before the last day of the month.

How is salary calculated and what components does it consist of in Austria?

In Austria, the salary calculation consists of the following components:

• A fixed salary
• A minimum WFH allowance (“thuiswerkvergoeding”) of EUR 50

Is there a legal obligation to pay salaries in the same month in Austria?

Yes, employees in Austria need to be paid in the same month they start their employment.

How many salary payments are made per year in Austria?

In Austria, salary payments are made 12 times per year, distributed in 14 installments. This includes an additional salary in November and June.

Is salary payment monthly and is payment standard at the end of the month in Austria?

In Austria, salary payments must be made on a monthly basis at the end of the month.

Should the employment agreement in Austria specify salary in monthly or annual amounts?

The employment agreement in Austria should specify the salary in 14 equal monthly installments.

What are the details of the statutory bonuses and 13th/14th-month salary in Austria, including the local name and payment schedule?

In Austria, statutory bonuses are not legally required. However, it is common for employers to provide additional payments to employees, specifically a Christmas bonus and a holiday bonus, each equivalent to one month's pay.

The 13th and 14th-month salaries are mandated under the Collective Bargaining Agreement (CBA). These extra salaries are calculated on a prorated basis, reflecting the employee's duration of service with the company. Payments for these salaries occur in June and November.

What is the minimum wage information in Austria?

Effective January 1, 2025, the Collective Bargaining Agreement (CBA) for employees under Velocity Global Austria updates the minimum salaries. These salaries are revised annually and are determined based on job type, qualifications, experience, and job description. Please refer to the full salary table for detailed information linked.