Employment
Find information about hiring employees for your business
Malta has a fast-developing economy & a rising demand for both local and international employees. Thanks to the EU employment rules policies, employers now have a vast pool of job seekers to choose from. So, here are all the necessary steps and requirements of successful employee recruitment Malta.
Malta’s employment rate is one of the most impressive in the EU, with the third-lowest unemployment rate at only 4.1%. The seasonally-adjusted unemployment rate of the Euro area is falling, though – it is currently 8.9%, after being 9% in August 2017 and 9.9% in September 2016, which is the lowest rate since 2009. Eurostat, the EU’s statistical office, released figures stating that the overall EU employment rate is 7.5%, which is the lowest it has been since November 2008.
According to local law, all employees working a 40-hour week have a right to 192 hours of paid leave each year. That’s exactly 24 working days of annual leave, or 4 weeks and 4 days, assuming you work 8 hours daily and 5 days per week. In case your average time of regular work (overtime not included) is above or below 40 hours, your vacation leave should be adjusted in proportion. To read the official regulations from the Organization of Working Time Regulations, see L.N. 247/2003.
