Capital: Helsinki

Language: Finnish and Swedish

Currency: Euro (EUR)

Payroll Cycle: Monthly

Paid Time Off: Employees in Finland are entitled to 30 days of paid vacation per year.

Public Holidays: New Year's Day, Epiphany, Good Friday, Easter Day, Second Easter Day, Labor Day, Ascension Day, Pentecost Monday or Whit-Monday, Midsummer Day, All Saints' Day, Independence Day, Christmas Eve, Christmas Day, and Boxing Day.

Individual Income Tax:  The income tax in Finland is based on the person's gross income and can range up to 60% of the employee's salary. Income taxation based on income can be as high as 32%.

Employer Cost: The employer cost rate is about 19% of the employee's salary.

Employment Contract Specifics:  If the employee understands the contract language, there are no specific rules governing the language used in employment contracts. For employees who do not speak the relevant language, bilingual wording is recommended. Contracts are required to be in writing.

 

 

Probation Period: The maximum period of probation is six months.

Minimum Wage Requirements: There are no legal provisions requiring a minimum wage.

Working hours and overtime: Working hours are typically 8 hours per day, with a maximum of 40 hours per week. Working 5 days a week is standard practice, though some flexibility is allowed for certain industries and endeavors.