In general, Austria offers a very generous package of benefits. Employees can expect five weeks of paid leave, excellent maternal benefits and health and dental coverage. In fact, the Austrian social security system is being used as a model system to be incorporated into other countries of the European Union.
New mothers can expect excellent benefits in Austria. Mothers may not work eight weeks before and after a birth i.e. there is a paid maternity leave for 16 weeks at 100% pay. Parents are also entitled to take up to two years' parental leave or can be opt for reduced hours, subject to employer's agreement until the child is four. Leave can be transferred once between parents. A state funded flat-rate allowance is available during parental leave.
Source:
Update 16/05/2009
If you want to move money abroad, from Austria or to Austria for example, Fexco provides efficient and secure global bank to bank transfers and bespoke payment solutions for both business and personal clients.
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Margin | 0.6% |
---|---|
Regulator | FCA |
Fee | £10 < £5K or Free > £5k |
Mini | £1K |
Ccy | All (130 currencies, incl ‘exotics’) |
Services | Repatriation of funds, Property, Regular payments, High Value payments, spot, online, telephone. |
When you are ready to make your transfer, John and his team will be available to help you with better rates and an unrivalled service to make sure your funds are delivered securely and speedily.