Hire employees in Finland, effortlessly
Compliance assurance
Cost savings
Local expertise
Country Guide
Finland Info
Population
Capital
Offical language(s)
Currency
Date format
Fiscal year
Employer Responsibilities
In Finland, strict local legislation requires adherence to the following:
- Contributions to the Unemployment Fund
- Provision of Employment Pension Insurance
- Compliance with Collective Bargaining Agreements
A brief guide to hiring in Finland
How is payroll managed in Finland?
In Finland, while there is no statutory minimum wage, most workers are covered by collective agreements that set minimum pay rates. Payroll is typically processed monthly, with salaries usually paid on the last day of each month. Regarding the 13th-month salary, it is not a statutory requirement in Finland, but if agreed upon, it is often paid out in December.
Employers are obliged to make quarterly contributions to unemployment insurance, paid to the Employment Fund.
What are the leave regulations?
Employees in Finland accrue two vacation days per month, or 2.5 days per month for continuous employment of up to one year. After one year, the annual leave entitlement is four weeks per year. Upon completing 15 years of service, the annual leave entitlement increases to three days per month.
What should be considered when dismissing an employee?
The process of terminating employment in Finland varies depending on the employment agreement and collective agreement in place. It is influenced by the type of contract and the reason for termination.
Smarter expansion
A suite of Finnish workforce solutions
Global Payroll
Global Payments
Benefits & Compensation
HR & Consulting
