Hire Employees & Contractors


Compliantly hire your distributed team members in


Person working on laptop

Hiring in


isn't so simple. Borderless can help.

To hire new employees in


, 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


while staying fully compliant with local laws and compliance.

Primary Language

Finnish, Swedish


Euro (€, EUR)

Payroll Frequency


Public Holidays

12 days

Employer Taxes


Cost of Living Index

$$$$ (23 of 140 nations)

Statutory Leave

36 days

Sick Leave

9 days paid, up to 300 days

Maternity Leave

105 workdays

Important: Risks of misclassification

In many countries like


, 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.

Payment Information

Minimum Wage

Finland doesn’t have a government-mandated minimum wage; rather, employers are mandated to pay whatever rate agreed upon via collective bargaining.

Overtime Pay

Standard working hours are 8 hours per day and 40 hours per week. The standard workweek is from Monday to Friday.

Overtime pay is not mandatory.

Overtime must be mutually agreed on in the employment agreement (EA). If there is overtime in the EA, hours outside of standard work hours are paid according to the Working Hours Act.

For additional hours, the employer can pay employees:

  • 150% of the hourly rate for the first 2 hours.
  • 200% of the hourly rate for the following hours.

Additional Pay

There is no additional pay detail for Finland.

Payroll Cycle

For Borderless customers, all employee payments will be made in equal monthly installments on or before the last working day of each calendar month, payable in arrears.

Employer Costs & Taxes

  • Corporate income tax rate: 20%
  • 23.94%: Pension insurance
  • 1.53%: Health insurance
  • 0.05%: Unemployment insurance (1.9% for whatever portion of the salary that exceeds €2,169,000)
  • Tentative accident insurance premium, depending on risk level taken at work
  • Group life insurance premium (if agreed in any collective bargain)

Employee Costs & Taxes

  • 7.15% - Pension insurance (8.65% charged if the employee is aged 53 - 62)
  • 0.68% - Health insurance (1.86% for salaries above €14,766)
  • 1.4% - Unemployment insurance
  • 0% - Up to €18,600
  • 6% - 18,600 – 27,900
  • 17.25% - 27,900 – 45,900
  • 21.25% - 45,490 – 80,500
  • 31.25% - Over 80,500

Employment Information

Termination Process

Employee contracts can be terminated if a just cause is established, such as dishonesty, negligence, fraud, or any other work-related offenses. That aside, notice should be provided in advance – provided both parties agree to it.

Notice period

In Finland, termination notice periods depend on how long the employment relationship has lasted.

  • 14 days: up to 1 year of employment
  • 1 month: 1 – 4 years
  • 2 months: 4 – 8 years
  • 4 months: 8 – 12 months
  • 6 months: More than 12 years

Probation Period

Probations can last up to six months and can be extended in place of any sick leave taken during the probation period.

Severance Details

There’s no severance pay mandated by law, but employers must pay any outstanding vacation pay.

Benefits of working in a country abroad

Borderless Benefits Packages in


When the world is your competition, it pays to incentivize new hires and existing alike. Borderless benefits packages typically include:

Medical Insurance
Dental Insurance
Vision Insurance
Life Insurance
Retirement Contributions

Learn how to hire quickly and easily in


Book your demo of Borderless to help you hire, pay, and take care of new employees and contractors in 170+ countries.

Book a demo