By Globalization PartnersJanuary 2017
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Globalization Partners enables companies to quickly and easily expand into 187 countries without the hassle of setting up local branch offices or subsidiaries. You identify the talent, and we employ your team member via our in-country payroll. This enables you to quickly and easily hire around the globe, and lifts the burden of figuring out HR, tax and legal matters from your shoulders to ours.
In 2016, Austria passed the Family Time Bonus Act, giving biological and adoptive fathers rights to paternity leave and benefits, and adjusting the child care allowance.
Beginning January 1st, 2017, the child care allowance parents are eligible is generally€33.88 per day for up to 365 days. Previously, parents had four child care allowance options they could choose from. The allowance will continue to be subject to an income camp. Parents who share parental leave evenly or at least at a 40% to 60% split, can get a bonus of €500 per parent from social insurance.
Fathers, beginning March 1st, 2017, will be eligible to receive 28-31 calendar days of paternity leave, to be taken within 91 days of the birth of the child, and to be paid by health insurance at a rate of €22.60 euros per day, as long as the father has worked for 26 weeks.
Under current law, employers do not have to provide paternity leave.