Est. Reading Time: 2 Mins 374 Words, 1,598 Characters
Here’s What You Need to Know:
👉 Review Your Salary Structure: Ensure your compensation meets the new minimum wage requirements to stay compliant and avoid Penalties
👉Impact on Business Operations: The wage hike may affect costs, employee satisfaction, and attrition rate
👉Stay Compliant: Non-compliance can attract penalties upto €500,000. Plan ahead to avoid any penalties.
From new salary thresholds to tax exemptions and digital operational standards, these changes will directly impact your business operations and employee benefits.
👉 Stay Compliant and Avoid Penalties:
Complying with the new rules will help your business avoid upto €10,000+ fines per misclassified worker and unexpected tax liabilities.
👉 Freelancer Costs are Rising : Stricter self-employment rules could force businesses to convert 20-30% of contractors into full-time employees, increasing payroll expenses. For more info….👇
Use our free employee cost calculators to quickly compare these expenses in key countries.
Follow Soham Vaghela for expert insights on EOR trends, global compliance, and international business expansion strategies—backed by hands-on experience across multiple markets!.
PamGro simplifies hiring, onboarding, and payroll for thousands of brands across 14 countries and over 150+ network partners. Contact us to learn more
For more reliable insights, follow us on