FINLAND EOR & PEO
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As a Global PEO & EOR service provider, we pride ourselves on our global reach, in-country knowledge, and ability to swiftly and efficiently mobilize workers around the world. Our robust PEO/EOR covers everything from global HR, payroll, compliance, in-country support, immigration, visas, and more.
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DID YOU KNOW
- Some refer to Finland as the ‘Land of a Thousand Lakes’, as the nation is home to over 180,000 lakes. It is a haven for individuals who enjoy swimming, fishing, hiking, or boating.
- Finland consistently ranks among the best for its education system. Regularly dominating global education assessments due to its innovative teaching methods and focus on student well-being.
- Midsummer is one of the most celebrated holidays in Finland, where many Finns come together to celebrate the arrival of summer.
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A strong work ethic and unrivalled innovation
With the pristine natural beauty of Lapland to the vibrant city life of Helsinki, Finland offers something for everyone. Renowned for its design, education, and technology sectors, Finland boasts a thriving economy and a population of around 5.5 million. Its people are known for their strong work ethic and innovation, and the nation continues to be an attractive destination for foreign investors and entrepreneurs.
Finland excels not only in business and education but also in promoting a high quality of life. This Nordic nation consistently ranks among the happiest and healthiest countries globally. The Finnish culture is deeply rooted in nature and sustainability, and the country’s beautiful lakes, forests, and the Northern Lights are staples of its unique beauty and appeal.
Finland boasts a score of 80.18 on the Ease of Doing Business Scale, ranking 20th worldwide. As a result of this, foreign investors in Finland can benefit from a wealth of opportunities. As a member pf the European Union and a participant in the Eurozone, Finland offers a stable and advantageous business environment. As a leader in innovation and technology, Finland also offers a thriving start-up ecosystem that has produced globally recognized companies.
Navigating the complexities of expansion into the Finnish market can be simplified significantly by partnering with a Finland EOR partner such as Gibson Watts Global.
Working in Finland
Minimum wage
Finnish employment law does not stipulate a minimum wage, however most employees are covered by collective agreements which specify minimum pay rates for different sectors. Both foreign workers and Finnish citizens must be paid equally with respect to these rates.
Working hours
Generally, working hours in Finland should exceed 8 hours a day or 40 hours a week. Finnish work culture values efficiency and productivity, which is reflected in its reasonable working hours. Lunch breaks are also a key part of the working day, with many employees enjoying a break between 11:30 am and 1:30 pm, typically lasting 30 minutes to an hour.
In the nation’s more rural areas, it’s common for lunch breaks to be extended even further. It’s also not uncommon for on-site employees to head home for lunch and relaxation breaks.
Holiday Allowance
Leave entitlement
In Finland, employees are entitled to generous paid leave which typically includes four weeks of summer holiday and one week of winter holiday. Typically, employees accrue leave by working through the year.
Maternity & Paternity Leave
Expectant mothers in Finland can benefit from the nation’s robust maternity leave policies. Female employees are entitled to 105 days of paid maternity leave, which is typically taken as 50 days before giving birth and 55 days after. Despite this, most employers are flexible to the wishes of the employee.
The nation also offers paternity leave, with a standard entitlement consisting of 54 working days taken around the time of the child’s birth. Finnish paternal leave policies are designed to promote a supportive work environment and a healthy work-life balance for working parents.
Public Holidays
· New Year’s Day
· Epiphany
· Good Friday
· Easter Sunday
· Easter Monday
· Vappu
· Ascension Day
· Whitsun
· Midsummer Eve
· Midsummer Day
· All Saints’ Day
· Independence Day
· Christmas Eve
· Christmas Day
· Second Day of Christmas / St Stephens Day
Visas
Visas are required for foreign workers from countries outside of the European Union or the European Economic Area. As such, the Finnish Government has established a variety of visas and permits to accommodate different categories of workers. Examples of visas in Finland include:
Schengen Visa (Short-Term Visit) – This visa is a permit for a short, temporary visit of fewer than 90 days.
Residence Permit (Employment) – This visa is for citizens with a confirmed job offer in Finland, who are from outside of the EU or EEA. The duration of the visa will match that of the employment contract. There are also residence permits for students and researchers.
Working Holiday Visa – Finland holds some agreements with other countries which allows young adults to apply for a working holiday visa to travel and work there for a set period.
Permanent Residence Permit – Individuals are typically eligible for this after residing in Finland for over four years. This visa offers extended rights and security for foreign workers.
Health Care
Finland offers a public healthcare system also known as universal healthcare to all residents. Healthcare is publicly funded by taxes and social security contributions. To access the Finnish healthcare system, residents must hold a Kela Card to prove their eligibility. The Kela Card also provides discounts for buying medicines. The card is only available to permanent resident statuses.
Cultural Information
Finland’s culture is rooted in its strong sense of individualism and respect for people’s privacy and personal space. Finnish people value personal connections greatly, and networking / forming relationships is key for success in the Finnish business world.
Hockey is the nations’ most cherished sport, and it is a very key part of its culture. Finnish is the nation’s official language, although over two-thirds of the population speak English as their second language. Most Finns adhere to the Evangelical Lutheran Church of Finland, a branch of Protestantism, however much of the nation is also secular or has non-specific religious beliefs.
13th salary?
13th month salary payments are customary in Finland and are usually paid before the employee’s holiday.