Discover global hiring strategies from leading recruitment platforms
Learn more
Speed up your global expansion! Expand smartly in 150+ countries with the #1 rated EOR globally.
Explore Multiplier EOR
Book a demo
Discover global hiring strategies from leading recruitment platforms
Learn more
Speed up your global expansion! Expand smartly in 150+ countries with the #1 rated EOR globally.
Explore Multiplier EOR
Your guide to the employment landscape, working customs and local labor laws in Finland.
Capital
Helsinki
Currency
Euro (EUR)
Languages
Finnish, Swedish, English
GDP per Capita
$55,957.47
Employer Tax
20.07% - 21.61%
Payroll Frequency
Monthly
Finland has consistently ranked at the top position in the World Happiness Report since 2018. The Nordic country offers its people countless parental leaves, supports the unemployed, and free healthcare and education for all. Small and medium businesses employ a vast majority of the Finnish population. The country’s main exports are paper, machinery, oil, and vehicles.
Major economic hubs:
Helsinki, Espoo, Tampere, Vantaa
Skills in demand:
Local: 1
World: 119
Local: 2
World: 191
Local: 3
World: 229
Local: 4
World: 472
Local: 5
World: 489
TipTop Job, Duunitori, Te Palvelut
1,719,000
Top Local Job Boards:
Top Local Job Boards
Number of LinkedIn users:
Number of LinkedIn users
Top Recruitment Agencies:
Some of the top jobs and their corresponding monthly salaries are as follows:
| Job Description | Average Monthly Salary (EUR) | Average Monthly Salary (USD) |
| Accounting manager | 6,980 | 7,825 |
| Financial analyst | 5,790 | 6,491 |
| Office manager | 4,150 | 4,653 |
| Graphic designer | 2,840 | 3,184 |
| Business Development Manager | 7,360 | 8,251 |
| Developer/Programmer | 4,470 | 5,011 |
Collective agreements form the basis of Finnish labor laws. All employees working in Finland, irrespective of their nationalities, are covered under Finland’s labor and occupational safety legislation.
Finland’s official languages are Finnish and Swedish. However, employment contracts may be in any language understood by the employee.
The usual probationary period followed in Finland is from one to six months.
| Date | Name | Type |
| 1 Jan | New Year’s Day | National holiday |
| 6 Jan | Epiphany | National holiday |
| 29 Mar | Good Friday | National holiday |
| 31 Mar | Easter Sunday | National holiday |
| 1 Apr | Easter Monday | National holiday |
| 1 May | May Day | National holiday |
| 9 May | Ascension Day | National holiday |
| 22 Jun | Midsummer | National holiday |
| 2 Nov | All Saints’ Day | National holiday |
| 6 Dec | Independence Day | National holiday |
| 24 Dec | Christmas Eve | De facto and Bank holiday |
| 25 Dec | Christmas Day | National holiday |
| 26 Dec | Boxing Day | National holiday |
| Type of leave | Time Period | Mandatory |
| Annual leave/Earned Leave | 24 days | Yes |
| Sick Leave | 10 days | Yes |
| Maternity Leave | 18 weeks | Yes |
Leave Compliance
Payroll cycle
The employee must be paid monthly or bi-monthly per the collective agreement.
Minimum wage
There is no statutory minimum wage followed in Finland.
Overtime pay
The standard working hours in Finland are 8 hours a day and 40 hours a week. The overtime pay is compensated as per the table below:
Read more
| Category | Rate |
| Health/Sickness Insurance | 1.53% |
| Pension Insurance | 17.39% |
| Unemployment Insurance | 0.52% for first EUR 2,197,500 and 2.06% afterward |
| Group Life insurance | 0.06% |
| Accident Insurance Premium | 0.57% |
| Total | 20.07% – 21.61% |
| Category | Rate |
| Pension Insurance | 7.15% (If below 53 years) or 8.65% |
| Health/Sickness Insurance | 1.96% |
| Unemployment Insurance | 1.50% |
| Total | 10.61 % – 12.11% |
| Taxable income (EUR) | Tax on column 1 (EUR) | Tax on excess (%) | |
| 0 – 19,900 | 0 | 12.64 | |
| 19,900 – 29,700 | 2,515 | 19.00 | |
| 29,700 – 49,000 | 4,377 | 30.25 | |
| 49,000 – 85,800 | 10,215 | 34.00 | |
| 85,800 and above | 22,727 | 44.00 | |
Capital (investment) income is taxed at 30% and 34%.
A standard rate of 24% is followed in Finland.
There is no specific legal provision for a 13th-month salary in Finland, but they are customary and are paid before the holidays.
Termination in Finland can be done on a mutual consent basis. An employer in Finland may terminate the employment contract of a regular employee for redundancy or any other reasons. An employee can terminate the employment contract without giving any reason to the employer. Upon completion of the employment, employees are entitled to a written certificate on request.
The notice period for employees during the probationary period is from 14 days to 30 days, while for permanent employees, it ranges from 14 days to 180 days.
Employees in Finland are not entitled to severance pay unless expressed in the agreement.
Nationals of the EU countries and nationals of countries that belong to the European Economic Area may work in Finland without a residence permit. Other nationals must have a residence permit and a work permit to work in Finland.
Read more
Expand globally and hire talent in 150+ countries without having to set up an entity. Use Multiplier's Employer of Record to manage the complete employee experience while having the flexibility to enter new markets.
Overtime Pay
Minimum Wage
Overtime Pay
| Overtime Period | Overtime Pay |
| First 2 hours | 50% premium |
| After the frst 2 hours | 100% premium |
| Rest day / Sunday | 200% of the regular hourly wage |
Visa and Immigration
By use case
By team
By company size
Finland
