To hire new employees in
Sweden
, 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
Sweden
while staying fully compliant with local laws and compliance.
Swedish
Swedish krona (kr, SEK)
Monthly
13 days
31.42%
$$$$ (21 of 139 nations)
25 days
14 days at 80% salary
480 days
In many countries like
Sweden
, 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.
There is no minimum wage in Sweden. Every industry have varying minimum wages set through collective bargaining agreements (CBA) between trade unions and other organizations.
There are no regulations on overtime pay, but instead, overtime pay is determined by collective bargaining agreements. Overtime pay can be offered in a contract and agreed to at the start of an employee’s work term.
There are no additional pay details for Sweden.
For all Borderless customers, payments will be made in equal monthly installments on or before the last working day of each calendar month, payable in arrears.
31.42%: Total Payroll Taxes (Covers national health insurance, parental insurance, retirement benefits, workers’ compensation, and other)
Employers must provide the employee with a valid reason for the termination and sufficient notice. Employment contracts cover what is and is not a valid reason for termination.
Notice periods vary on the specific type of employment contract and length of service.
Employment contracts may have varying probation periods.
The maximum probationary period for an employee in Sweden is six months.
There is no severance law in Sweden. During their notice period, employees are paid their normal salary.
Employment contracts and collective agreements may have their own requirements.
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.