Finland’s highly industrialised, largely free-market economy is one of the top in Europe, slightly above that of Germany and Belgium. Trade and export of principally wood and metals, telecommunications and electronics are among the key sectors driving the economy of the country. In addition, Finland also excels in the promotion of entrepreneurial spirit, which results in many budding startups in the information and communications technology, gaming, cleantech, and biotechnology sectors. The Finland government is also taking active steps to welcome foreign investments and companies to boost the economy of the country.
Employers need to follow the strict employment guidelines set forth by the local authorities before they could employ in Finland. This process can be time-consuming as the company first needs a legal entity in the country and it needs to manage payroll, tax, benefits and compliance.
Global payroll solutions make it easy to find and hire top talent in Finland. With one seamless integration and local legal entity, we take care of the compliance matters so that you can start your globelizing plan immediately.
Finland’s worker classification labour and tax laws distinguish between contractors and full timers. If the individual meets the legal definition of an employee but is classified as a contractor, your company will face penalties.
The primary laws governing employment relationships in Finland are:
These statutes define provisions for employers’ rights and duties, as well as employees’ rights and protections in Finland.
Globelise will be able to help you navigate through the employment process and so that you will be able to offer a competitive and compliance offer to attract and retain your employees in Finland.
Finnish unions are organised in three confederations: Central Organisation of Finnish Trade Unions (SAK), The Finnish Confederation of Professionals (STTK) and Confederation of Unions for Professional and Managerial Staff in Finland (AKAVA). Members of SAK and STTK are from industry, the public sector, transport and private services, whereas members of AKAVA are mostly people in expert, teaching and managerial positions. They work together to negotiate with employer unions to ensure the working conditions and standards of Finnish employees are met.
Employees may seek their unions for help when they feel that they are unfairly treated or have been non-compliant with their employment terms.
Probationary period in Finland cannot exceed 6 months.
Company or Individuals who are looking to hire talents and run payroll globally
Talents who wants to work compliantly from anywhere