Hire a remote team in Albania

Hiring a remote team in a country as Albania comes with a lot of overhead, such as compliance, local laws, taxes, etc. As a company, you don't want to worry about knowing all the local laws. Instead you want to focus on your remote team and the business. Rivermate's Employer of Record (EOR) solution helps companies hire remote employees in Albania. We take care of global payroll, taxes, benefits, compliance and HR activities. So you can focus on growing your business.

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1. Hire a remote team in Albania with Rivermate

Payroll, benefits, taxes, and compliance can be difficult to manage in Albania, particularly if you don't have established local relationships. You can hire employees in Albania effectively, conveniently, and in full compliance with all relevant labor laws using Rivermate's global Employer of Record (EOR) solution. We handle the responsibilities and legal risks associated with foreign employment so you can concentrate on growing your company.

Table of contents

Hire a remote team with Rivermate
Introduction
Hiring a remote team in your country
Cost of living
Cost of renting
Major industries
Hiring cost
Employment laws
Top skills
Economic landscape
Market size
Minimum wage

2. Introduction

Rivermate is a global employment solutions company that provides Employer of Record services in Albania.As an employer of record, we help you hire employees and run payroll services in Albania, allowing you to avoid the necessity of first establishing a branch office or subsidiary in Albania.It is not necessary to establish an entity in order to hire an employee. We can hire your employee in any country with a few mouse clicks. Using our Employer of Record solution, you can have full compliance, benefits, and automated payments.If you wish to hire a remote team in Albania or individually hire remote employees in Albania, Rivermate’s global employer of record services will make sure that the process will be as seamless as possible for you.Send us a message so we can talk about how Rivermate’s Employer of Record Albania services can best help your company!

3. Hire a remote team in Albania

Hiring remote employees in Albania is a decision that requires a lot of analysis and scrutiny. Recruiting the right employees is another important task. To prevent penalties and delays, employers must learn how to recruit Albanian personnel and understand the country's employment compliance rules.

4. Cost of living in Albania

Recognizing the cost of living is critical before a company decides to hire remote employees in Albania. The cost of living in a nation is determined by a variety of variables, including the city in which the individual resides, state income, the sort of industry prominent in that region, lifestyle, and taxation laws, among others. However, the fundamental element determining a country's cost of living is its location. The following information will provide an overview of the cost of living in Albania.In Tirana, Albania, the country’s capital, the average cost of living without rent for a family of four is USD 1170 or 120568 Lek per month. With rent, the average cost of living in Albania is approximately USD 1162 or 168177 Lek a month.For a single person, the average cost of living in Albania (Tirana) for a single person is USD 388 or 39983 Lek per month not including rent. With rent, the average monthly cost of living is USD 687 or 70795 Lek. As previously mentioned, the average cost of living in Tirana, Albania is USD 687. This is the 32nd least expensive city in the world. Vlore, another city in Albania, has an average cost of living of USD 616 OR 63478 Lek in a month. The country’s capital is only 1.62 times more expensive than a non-capital city. This makes Albania a good choice for hiring remote employees.

5. Cost of renting in Albania

The average cost of renting in Albania is 250 lek (USD 250) per month.

6. Major industries in Albania

The top three industries employers will want to hire remote employees from Albania are the agriculture, industrial, and service sectors. The agriculture sector is a very important economic sector for Albania, employing 36% of the workforce. It accounts for 18.5 percent of the total GDP in the nation. The industrial sector employs 20% of the country's current active population. This industry is rapidly expanding and will be in high demand in the future. Albania's new dynamism is the service industry. Telecommunications and financial intermediation are the two essential services that attract Foreign Direct Investment (FDI). Telecommunications, on the other hand, is the most active and in-demand service industry in the Albanian economy.

7. Hiring cost in Albania

The hiring cost in another country is an essential aspect to consider when hiring workers. Screening checks, legal aid, translator, staffing agency, hiring committee, the establishment of a legal organization, and ads are all considerations. Other variables that influence recruiting expenses include the cost of living in a place, training, onboarding, and opportunity costs.

8. Employment laws Albania

The Albanian Labor Code states that normal daily working hours cannot exceed eight hours.According to the Albanian Labor Code, all employment contracts must be in writing.If an employee has already completed 48 working hours in a week, the employer cannot require the employee to conduct extra work or chores.An Albanian company should not discriminate against workers during the recruiting process or after they are hired, should safeguard them from corruption, and should enable them to form unions.Workplace health and safety regulations must be respected, and pregnant women must be safeguarded.Employers must observe minimum wage legislation, yearly holiday laws, paid leave laws, and overtime limitations to safeguard all Albanian employees.

9. Top skills Albania

The following are the salary structures in all the employment industries in Albania. Administration – 45,953 Lek Agriculture, Food Industry – 42,354 LekEconomy, Accounting, Finance – 62,930 Lek Arts & Culture – 47,435 Lek Banking – 68,309 LekChemical Industry – 55,888 Lek Car Industry – 54,404 Lek Commerce – 53,802 Lek Construction & Real Estate – 60,436 Lek Education, Science & Research – 50,203 LekElectrical & Power Engineering – 58,611 LekGeneral Labor – 40,991 LekHuman Resources – 63,901 Lek Information Technology – 83,393 LekJournalism, Arts & Media – 50,717 LekLaw & Legislation – 69,078 LeknManagement – 87,698 LekMarketing, Advertising, PR – 61,662 LekMechanical Engineering – 55,958 LekMedicine & Social Care – 49,170 Lek Mining, Metallurgy – 58,615 Lek Pharmaceutical Industry – 63,023 Lek Production – 50,981 Lek Public Administration – 57,071 Lek Quality Management – 62,912 Lek Textile, Leather Industry – 34,764 LekTop Management – 128,680 Lek Tourism, Hotel Business – 42,516 LekTranslating, Interpreting – 54,655 Lek Transport, Haulage, Logistics – 46,923 Lek Forestry, Environment – 53,221 Lek Wood Processing Industry – 45,624 Lek Security & Protection – 48,325 LekService Industries – 41,790 Lek Technology, Development – 75,762 Lek Telecommunications – 67,706 LekWorking persons in Albania earn between 30,548.00 Lek (minimum wage) and 99,003.00 Lek (highest wage) (maximum salary).

10. Economic landscape in Albania

Following the impact in 2020, the GDP is predicted to rise by 4.4 percent in 2021. According to the IMF, the country's consumer price inflation would reach 2% in 2021.

11. Market size in Albania

Albania is an upper-middle-income nation with a GDP per capita of USD 5,286 (2020 IMF projection) and a population of over 2.9 million people. According to the IMF, Albania's GDP would fall by 3.5 percent in 2020 as a result of the COVID-19 epidemic and the November 2019 earthquake. The reduction is lower than expected owing to positive net growth in the construction, real estate, and agricultural sectors, which is fuelled by government expenditure and private real estate investments.Albania has promising export opportunities in all industries, notably energy, oil and gas, tourism, healthcare, food, infrastructure, construction, and information and communication technology (ICT.)