.png)
* Playroll continues to analyse immediate opportunities and fulfilled roles by recruitment partners, contractors and employers to identify in-demand jobs.
Finland has one of the strongest skill development systems in the world. Its population is known for its high proficiency in information processing skills. Interestingly, Finland enrolment in adult education ranks among the highest in the world - indicating a culture that is dedicated to skill development and learning.
Finland is known as being home to the world’s happiest people, driven by an extensive social welfare program, high per capita income, extensive civil liberties, and strong economic growth. Working in Finland comes with a high quality of life.
Embedded in Finnish culture is an open-mindedness for science and technology and a broad commitment to knowledge-based growth and prosperity. Finnish workers are also known for their strong work ethic, an important consideration when employing remotely!
While oral and electronic employment contracts are legally binding in Finland, written contracts are considered best practice. The contract should outline the basic terms of employment which includes:
Probationary periods are common in Finland. However, trial periods should not exceed six months.
The typical workweek for employees consists of between 37.5 to 40 hours a week, depending on employee position and collective bargaining agreements.
Employers are obligated to seek the employee’s consent every time overtime work is deemed necessary. An employee’s weekly working time should never exceed 48 hours. Overtime pay is 150% of the employee’s normal wages for the first two hours worked overtime in one day. Every following hour must be paid at a rate of 200%.
There is no statutory minimum wage in Finland; however, most employees are covered by collective agreements specifying minimum pay rates.
13th-month salary payments are customary in Finland and are usually paid before the employee’s holiday.
The individual national income tax ranges from 12.64% to 44%. Income tax is calculated according to progressive rates. Employees also pay an additional flat rate for municipality taxes (up to 10.86%). Multiple additional factors may impact overall rates such as Church Tax, number of children, among others.
In Finland, both employers and employees contribute to TyEL which is an insurance taken out by employers. The statutory retirement age is 65.
The tax-related information provided in this guide is intended for general guidance and informational purposes only. Reach out to our dedicated team for insights on remote hiring in Finland tailored to your needs.
The termination process varies according to the employment agreement and whether or not collective agreements are applicable. Aside from by mutual agreement, employment may only be terminated for "fair" and "weighty" reasons related to both employee and employer.
The amount of notice is dependent on the length of service and reason for termination. If the employer terminates the contract, the notice period is as follows:
There is no statutory severance pay in Finland, although severance may be agreed upon in the employment contract.
The Finnish calendar has 20 flag days. The calendar for the Swedish-speaking population has three additional official flag days for the Åland Islands. The Sámi have 12 of their own official flag days. Midsummer Eve (23 June), and Christmas Eve (24 December) are not public holidays but are holidays for most people, including bank employees.
There are mandatory benefits that Employers are required to provide in Finland, this includes:
At Playroll we're all about empowering employees to work anywhere, making mobility possible for global teams. We sponsor visas and hire the employee for you, so you don’t have to worry about payroll, taxes, and more.
It's important to note, visa support can be complicated and each country has different requirements and legislation. As of August 2024, non-Singapore entities that want to employ an individual in Singapore who is not a Singapore national or permanent resident may no longer use an Employer of Record (EOR) to sponsor that individual for a work permit. Contact our experts for help on how to navigate global employment in Singapore.
Legal and compliance experts are readily available to provide guidance and case-by-case Q&A support.
By leveraging dedicated support from in-house legal and compliance experts for case by case questions and more.
Acquiring a visa without an entity has never been easier, leverage Playroll's global coverage to sponsor and hire employees.
.webp)
Access a free set of tools to navigate international hiring across 180+ countries, while staying up to date on hiring news with global insights into the changing employment landscape from Playroll.
.png)
