Benchmarking Employee Benefits in Bosnia and Herzegovina – 2021

Request Asinta’s Market and Benchmark Insight Report for Bosnia and Herzegovina and get the essential information you need to move forward in your decisions about employee benefits in the country. The report reviews statutory benefits, insured benefits, fringe benefits and perks, plan setup, and onboarding.

The following is an excerpt.

Bosnia and Herzegovina have a very complex benefits structure with three administrative entities:

• Federation of Bosnia and Herzegovina

• Republic of Srpska

• Brcko DC

The place of registration (administrative entity) dictates benefit mandates. For example, personal accident insurance is mandatory in the Republic of Srpska but voluntary in other administrative entities. Workers’ compensation, pension, and medical insurance are mandatory in Bosnia and Herzegovina, and the state regulates the scheme. Brokers are not authorized to intermediate. Supplemental private health insurance is the most valued and popular employee benefit in Bosnia and Herzegovina. Life insurance is the second most popular. Other social benefits, such as company cars, are more and more valued.

Other Helpful Resources

Business Etiquette in Bosnia and Herzegovina

Institute of Public Health of the Federation of Bosnia and Herzegovina

 

If you have further questions about benchmarking employee benefits in Bosnia and Herzegovina for 2021, please contact Asinta, and we will connect you with MAI CEE’s local employee benefits consulting experts.