Smart HR & Finance: Building Compliance, Efficiency, and Growth in the IT Industry
The IT industry in Serbia is one of the country’s fastest-growing sectors — but with rapid growth comes the challenge of balancing regulatory compliance, employee expectations, and operational efficiency.
How can HR and finance leaders keep pace? The upcoming PwC x Joberty Meetup – Smart HR & Finance Live (September 25, Belgrade) will dive into exactly that. Here’s a preview of the three areas our PwC experts will explore:
Employee Benefits in the IT Industry and Compliance with Legislation
Employers in Serbia enhance employee satisfaction and retention by providing compensation packages that go beyond statutory requirements. According to the Labour Act, mandatory benefits include:
- Compensation for annual leave
- Meal allowances
- Paid leave
- Severance payments (retirement, redundancy)
But many IT companies are stepping further, offering optional benefits like private health insurance, unpaid leave, additional vacation days, gifts for children, birthday/anniversary awards, professional development, company cars, and team building.
Compliance Matters
Each of these benefits has accounting and tax implications. Payments can be classified differently depending on whether they are assessed from labour or tax regulation perspectives. Employers must:
- Properly introduce and communicate benefits (via internal acts)
- Ensure non-discrimination where benefits must be equal for all employees (e.g. meal allowance, annual leave)
- Respect tax treatment rules before introducing new benefits
When done right, benefits become more than a legal obligation — they’re a strategic investment that fosters loyalty, performance, and stronger employer branding in Serbia’s competitive IT market.
The Advantages of Outsourced Payroll Processing
Payroll is one of the most sensitive and resource-intensive HR functions. Regulations are complex, mistakes are costly, and running everything in-house requires constant investment in people, training, and technology.
By outsourcing payroll, companies transform it into a predictable, compliant, and scalable service. The benefits include:
- Cost efficiency – predictable fees instead of large fixed costs
- Expert compliance – specialists stay up to date with changing labour and tax laws, reducing the risk of fines or audits
- Advanced technology – access to cloud-based tools and even AI solutions
- Flexibility & security – scale payroll with your workforce needs, while protecting sensitive employee data with top-level cybersecurity
Ultimately, outsourcing frees HR and finance teams from routine administrative tasks, allowing them to focus on strategic initiatives that fuel growth.
Automating Everything That Wastes Your Time
Automation is no longer a “nice to have” — it’s a strategic investment in operational excellence. By integrating smart tools into daily workflows, companies can unlock:
- Timely insights & productivity – faster data analysis and decision-making
- Improved collaboration – better data sharing and team communication
- Simplified reporting – consolidation of multiple data sources without manual work
Real-world applications include:
- Automating payroll data preparation
- Structuring and cleaning large data tables
- Running mathematical and logical controls for accuracy
- Processing data from multiple Excel files efficiently
By reducing manual workload and minimizing errors, automation enables HR and finance teams to focus on high-value work that drives business forward.
Join Us Live in Belgrade
These three areas — benefits, payroll, and automation — are shaping the future of HR and finance in the IT industry.
At the PwC x Joberty Meetup – Smart HR & Finance Live on September 25 at PwC’s Belgrade office, our experts will share practical insights, real-world examples, and a live Q&A to help you turn compliance into a competitive advantage.
👉 Seats are limited. Register now and secure your spot today — September 25 is just around the corner!
