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Nicolas Marquier, Regional Manager for the Western Balkans at the International Finance Corporation (IFC)

Financing the Future

IFC, the largest global development institution, has provided almost $1 billion in financing to Serbia’s private sector over the past six years IFC, as a...

Dr Ivan Todorović, Todorović Law Firm

Dedicated Advisors and Tenacious Litigators

The Todorović Law Firm has existed for more than 30 years and throughout that time has demonstrated its unwavering dedication to continuously advancing at...

Marija Stojiljković, Founder, Royal Nanny

Children Deserve the Best Nannies

Royal Nanny offers a wide range of childcare services, primarily through mediating between professional nannies and families, providing responsible, meticulous, trained and caring individuals Starting...

Petar Miljković, CEO, 14. Oktobar d.o.o.

Employees are the Company’s Real Strength

This former Kruševac giant, which has come a long way over the course of 100 years of operations, developing from a construction machinery factory...

Ivana Bogdanović, Director of Marketing and Corporate Communications at Addiko Bank

CSR as a Longstanding Priority

In today’s world, where gaining the trust of clients is the most important aspect of a company’s business, CSR, or socially responsible operations, represents...

Srećko Stamenković, Director Of The Chamber Of Human Resources Managers Of Serbia

Potential Not To Be Rejected

Telemigration should be viewed primarily as an opportunity for development through the prism of increasing exports of (intellectual) services and should be ordered to the mutual satisfaction of the host country and the provider of those digital services

Telemigration is a by-product of globalisation, the pandemic and the calculation of operational costs among business owners.

It represents nothing more than the sale of services and is in direct correlation with the possibility of securing employment in one’s country of residence and average salary level. Telemigration should be viewed primarily as an opportunity for development through the prism of increasing exports of (intellectual) services and should be ordered to the mutual satisfaction of the host country and the provider of those digital services.

A service provider, i.e., a potential telemigrant, pays tax (VAT) to the host country (Serbia) every time they grab their wallet to pay for something, whether that’s water, electricity, fuel, food, an apartment, or any product they buy or service they want or need to use. If filling that same wallet becomes difficult or impossible, for various reasons, then the service provider will easily “teleport” themselves to the first neighbouring country and do the same thing that has been made impossible in their own country, because all they need for that is a computer, a chair, time and goodwill.

With a little understanding and work, a win-win solution would be reached that would satisfy and realise the interests of all participants and interested parties: the state, potential telemigrants and foreign employers

In order to have the right attitude towards these people, and to assume the proper stance, they shouldn’t be viewed as people who make good money and should be “plucked” in every possible way. Consideration should be given to the direction of the labour market in the period of ten years and more, to the way technology developments will move in that period, which impacts on human life at an unimaginable speed, and first and foremost artificial intelligence. We then need to observe birth rate trends, the age structure of the population, how education will move and in which direction, but also healthcare protection and all those aspects that comprise and influence a person’s life through work, working conditions and private life.

It’s easy to lose such people and difficult and expensive to acquire them. A completely new approach needs to be enabled and created, one that would be understandable and acceptable for them (digital) and that would yield good results. For example, create a platform through which everything would unfold and through which the state could have control over employers, employees and mutual money flows. It is also necessary to start “imposing” the obligation that employers first access the platform through “informative” marketing and the providing of various benefits, starting from access to information about the labour market, and then extend it to job seekers, i.e., service providers.

With a little understanding and work, a win-win solution would be reached that would satisfy and realise the interests of all participants and interested parties: the state, potential telemigrants and foreign employers.

It is important to know that they are an inevitable part of the present and the future when it comes to the organisation of work, because costs for the employer are thereby reduced, and reduced costs is an imperative of every business owner, and bringing order to digital business should be approached as soon as possible, in order to shift from being exporters of telemigrants to recipients.

Comment by Zoran Panović

Diplomatic Twine

German politician Markus Söder promised to support Serbia on its EU journey. According to the German media, Söder is making “diplomatic twine” in his...

Branka Anđelković, Co-founder and Programme Director of the Public Policy Research Centre

An Even Bigger Grey Market?

In the case of workers of the platform employed in food production and passenger transport, the Open Balkan initiative might not contribute to the...

Čedanka Andrić, President of Trade Union Confederation NEZAVISNOST

Increased Competition Between Low-Paid Workers

Considering educational qualification and unemployment structures in Serbia, my opinion is that this measure could only increase the pressure on workers in Serbia to...

Jelena Jevtović, Serbian Association of Employers

Employers Will More Quickly Find Workers

The employing of citizens of these two countries in Serbia could ease the labour shortage problem, but fundamentally resolving it requires education system reform It...

Mobi Bank Becomes Yettel Bank

Mobi Banka, soon to be Yettel Bank, has unveiled a new brand and mobile application, marking a pivotal shift...

Serbia Set to Become Europe’s Top Copper Producer with Zijin Mining Expansion

Zijin Mining has announced plans to increase the annual capacity of its Serbian project to 450,000 tonnes of copper...

ESG Adria Summit Launches in Montenegro

The second annual ESG Adria Summit kicked off today in Tivat, Montenegro, under the theme "Act now for a...

Modine Expands Serbian Operations with New Facility

Modine, a global leader in thermal management technology, has inaugurated a new 18,000-square-metre production plant in Sremska Mitrovica, Serbia,...

Novak Djokovic Wins Laureus Award for World’s Best Sportsman for Record Fifth Time

Novak Djokovic has won the Laureus award for the world's best sportsman for a record fifth time at a...

Serbia’s Gaming Industry Sees Significant Growth and Employment Surge in 2023

In 2023, Serbia's gaming industry earned more than 175 million euros, marking a 17 percent increase from 2022, and...

Maserati’s Balkan Expansion: New Showroom Opens in Belgrade

Delta Auto Group has unveiled an exclusive Maserati showroom in Belgrade, setting new luxury benchmarks in line with the...

Peter Pellegrini Wins Slovak Presidential Election

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Strategic Energy Partnership Established Between Serbia and France

The Serbian Government adopted a Memorandum of Understanding between the Government of Serbia and French Electric Power Company (EDF),...

Serbia-France Innovation Forum Begins: Innovate for the Planet! Play Green!

At the Serbia-France Innovation Forum titled 'Innovate for the Planet, Play Green', which commenced at the Palace Serbia, French...

Serbia’s Gaming Industry Sees Significant Growth and Employment Surge in 2023

In 2023, Serbia's gaming industry earned more than 175 million euros, marking a 17 percent increase from 2022, and...

Maserati’s Balkan Expansion: New Showroom Opens in Belgrade

Delta Auto Group has unveiled an exclusive Maserati showroom in Belgrade, setting new luxury benchmarks in line with the...

Peter Pellegrini Wins Slovak Presidential Election

Peter Pellegrini, the candidate from the ruling coalition, won the second round of the presidential elections in Slovakia, securing...

Strategic Energy Partnership Established Between Serbia and France

The Serbian Government adopted a Memorandum of Understanding between the Government of Serbia and French Electric Power Company (EDF),...

Serbia-France Innovation Forum Begins: Innovate for the Planet! Play Green!

At the Serbia-France Innovation Forum titled 'Innovate for the Planet, Play Green', which commenced at the Palace Serbia, French...
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