To hire new employees in
Finland
, your business must have a local legal entity or an Employer of Record like Borderless in place already. Then there’s the management of local employment compliance, taxes, benefits, payroll, and more. Hiring contractors poses similar challenges.
Borderless handles all of that for you, so you can focus on getting to work with your new team member in
Finland
while staying fully compliant with local laws and compliance.
Finnish, Swedish
Euro (€, EUR)
Monthly
12 days
19%
$$$$ (23 of 140 nations)
36 days
9 days paid, up to 300 days
105 workdays
In many countries like
Finland
, the treatment of employees and contractors is different. If you misclassify a new team member, you could be subjected to penalties and fines. Let Borderless get this right for you, so you don’t have to worry.
Finland doesn’t have a government-mandated minimum wage; rather, employers are mandated to pay whatever rate agreed upon via collective bargaining.
Standard working hours are 8 hours per day and 40 hours per week. The standard workweek is from Monday to Friday.
Overtime pay is not mandatory.
Overtime must be mutually agreed on in the employment agreement (EA). If there is overtime in the EA, hours outside of standard work hours are paid according to the Working Hours Act.
For additional hours, the employer can pay employees:
There is no additional pay detail for Finland.
For Borderless customers, all employee payments will be made in equal monthly installments on or before the last working day of each calendar month, payable in arrears.
Employee contracts can be terminated if a just cause is established, such as dishonesty, negligence, fraud, or any other work-related offenses. That aside, notice should be provided in advance – provided both parties agree to it.
In Finland, termination notice periods depend on how long the employment relationship has lasted.
Probations can last up to six months and can be extended in place of any sick leave taken during the probation period.
There’s no severance pay mandated by law, but employers must pay any outstanding vacation pay.
When the world is your competition, it pays to incentivize new hires and existing alike. Borderless benefits packages typically include:
Book your demo of Borderless to help you hire, pay, and take care of new employees and contractors in 170+ countries.