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Best Recruitment Agencies in Montenegro
Find top recruitment and staffing agencies in Montenegro. Whether you're looking for specialized talent or general hiring support, explore experienced recruitment firms that understand the local market and can help you build the perfect team.
Agency | Specialization | Country | Employees |
|---|---|---|---|
Recruitment +4 more |
Montenegro's
Economic indicators
157
World ranked
Montenegro ranks 157 in the world by current economic output
$7.4bn
Nominal GDP (US$)
GDP reflects the overall size and economic strength of the country's economy.
94
EMEA ranked
Montenegro is ranked 94 in EMEA by economic output in the region
GDP growth (%)
GDP growth explained
The chart compares how GDP has grown for Montenegro, its region, and the world over the last seven years. Positive growth indicates an expanding economy; negative growth may signal contraction and affect hiring activity.
4.2%
Current rate
▼ 4.4% reduction
Inflation represents the rate at which prices rise and purchasing power diminishes. High inflation may prompt employees to seek higher wages, potentially impacting company profitability and hiring strategies.
Montenegro's inflation rate
98 days
Maternity leave
Maternity: 98 days paid leave at 100% salary, with 28 taken pre-birth. Employer pays but can claim 2 national salaries. No paternity leave, but shared parental leave available for 365 days post-birth.
365 days
Sick leave
Employees are entitled to paid sick leave for up to 365 days, with the first 60 days at 70% salary paid by the employer and days 61-360 at 70% paid by Social Security.
Cost of living
Cost of living index explained
The cost of living has a direct impact on salary expectations and the competitiveness of compensation packages. It can influence the appeal of certain locations for both employers and candidates.
Montenegro's
Labor market
Montenegro vs world population age distribution
619k
Population
Montenegro has a population of about 619k. The chart compares its age distribution with the world average—useful context for workforce size and long-term hiring demand.
43 hrs
Average working full time week
Standard work is 8 hours/day, max 40 hours/week, Mon-Fri. Mandatory overtime pay is 140% on weekdays, 180% on weekends/holidays, with a 250-hour yearly cap.
15.3%
Current percentage
▼ 0% reduction
Montenegro has a severly unhealthy unemployment rate, signalling there is significant economic problems. Between 2022 and 2023, there was a small decrease in unemployment, suggesting continued economic stability with a slight improvement in job availability
Unemployment rate
Montenegro's
Top performing companies and industries
Top industries
- aluminum
- steelmaking
- tourism
Ratio of males to females (by age)
64 / 49
Male
In Montenegro there is a medium gap in participation rates between males and females, indicating moderate inequality with some progress towards gender parity.
Montenegro's
Religion and ethnicity
Religion
In religiously diverse countries, a broad sourcing and engagement approach whilst appealing to inclusive practices resonates with this candidate market. In homogeneous environments, understanding dominant cultural norms is often more important when engaging with talent.
Ethnicity
In ethnically diverse countries, there may be a greater variety of candidates with different cultural backgrounds. Employers may need to focus more on inclusive hiring practices to attract talent from across different ethnic groups.