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Calculator
Gross to NetNet to Gross
What is Gross 1?What is Gross 2?Difference Gross 1 - 2
How is salary calculated?What is included in gross?What items are deducted?Salary calculation exampleMinimum salaryAverage salary
What taxes do I pay?Pension & Health ExplainedTax ratesSurtax – who pays it?Tax reliefs – who is entitled?Personal deduction – what is it?
Common calculation mistakesNegotiating gross salaryGross or net – which is better?How to increase net salary?Regional salary differences
Child tax reliefsReliefs for dependentsDisability reliefsHow to report tax reliefs?
Working from abroadRemote work and taxesWorking for a foreign companyDouble taxation

Pension and Health Insurance Contributions

In addition to taxes, a significant portion of money from your gross budget amount is set aside for so-called Contributions. Contributions are mandatory payments for strictly public social purposes – primarily intended to cover the costs of your hospital treatment (health) and the payment of your earnings after the end of your working life (pension).

1. Pension Insurance (PIO/MIO)

A total of 17% (in FBiH) or 18.5% (in RS) is set aside from the Gross salary.

The pension contribution is a mandatory expense that the employer deducts from your gross salary and forwards to the PIO/MIO fund. This money is used to pay pensions to current retirees (intergenerational solidarity system).

PIO Contribution (FBiH)

17%

Part of the 31% of total contributions that come from the gross salary. The employer additionally pays 6% on the gross salary.

PIO Contribution (RS)

18,5%

Part of the fixed 31% of contributions that are set aside from the gross salary. In RS, the employer has no additional contributions "on" salary.

2. Health Insurance

In FBiH, 12.5% is set aside from the salary, while in RS it is 10.2%.

The health insurance contribution in the Federation of BiH directly reduces your net salary (12.5% from gross salary), while the employer additionally pays 4% on your gross salary.

Why Do We Pay for Health Insurance?

Health insurance is based on the principle of absolute solidarity. Regardless of whether a director has a gross salary of 5,000 KM (and the employer pays a large amount monthly to Zavod zdravstvenog osiguranja) or a cashier with a minimum wage (who pays the minimum legal amount), both have exactly the same right and treatment during surgery or service in a state hospital. The young and healthy thus co-finance the elderly and sick today, but in old age, someone will pay for them.

Note. Persons under the age of 30 in some countries, or persons employed for a fixed term/for first employment in accordance with incentives, for a limited time period established by law can "save" the employer the health contribution (so-called "exemption from the obligation to pay contributions on salary"), but this does not increase the worker's net payoff amount.

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