Don’t risk non-compliance with local employment, social insurance, and tax regulations.
Omnipresent provides global employment solutions and professional employment organisation (PEO) services for companies looking to grow and build out a global team in Finland. Traditional methods of establishing global employment and subsidiaries in Finland typically take months and can incur heavy costs. Omnipresent’s global employment solutions and PEO services is helping hundreds of organisations onboard new employees in Finland in a matter of days with full compliance of local labour laws. We use a tech-forward approach to streamline the process.
Employer costs include Pension Insurance Contribution, Health Insurance Contribution, and an Accident Insurance Premium. Use the OmniCalculator to estimate costs, or contact us for further information.
Income taxes in Finland are high. Progressive municipal taxes contribute significantly to this rate.
Additional deductions for pensions and unemployment insurance are made on top of this.
Standard 40 hours per week. Flexibility allowed.
CBAs may provide lower weekly hours periods (e.g. 37.5 hrs p/wk) and overtime rugalations.
Please note that the below information covers national holidays and should be used for informative purposes only and not as a guarantee for payroll purposes. While we strive to offer you accurate information, public holidays are subject to frequent changes and can be dependent on regional differences. Should you need more detailed information on public holidays, please consult the government pages of the state and/or the local municipality of your employee.
The entitlement to sickness allowance commences 9 working days after the illness begins (not counting the first day). The employer generally pays the employee's wages during this 10 day waiting period. Most employers also pay the full salary during the first one to two months.
A doctor's certificate is required for the period during which employees are unable to work.
The Social Insurance Institution (Kela) will pay sickness allowance for a maximum of one year (300 working days). If employee received pay during the period of illness, Kela will pay the compensation to your employer.
Generous maternity/parental paid leaves. Generally paid for the most part by Social Security.
Minimum five week's paid leave per year (plus PH).
Additional leaves provided by CBA/law.
No statutory severance obligations.
Terminations regulated. Major blocks for specific categories. Procedural requirements depending on CBA/size/number of dismissals.
Notice periods determined according to lenght of service.
The benefits of growing a global team and finding the best talent anywhere in the world are endless. It’s important to note that labour laws and regulations in Finland are strict with penalties for non-compliance. Let our team take care of the global employment solutions such as payroll, benefits, compliance, taxes, and admin so you can focus on growing your business. We are here to help you every step of the way.
Omnipresent makes it easy to hire, pay, and support your international team. Book a call with us to start building your global team today.
Employ Anywhere. Be Omnipresent.
Don’t miss out
Subscribe to our newsletter to receive the inside scoop on global employment as well as access to pre-register for upcoming events.