Employer of record in Finland: costs and rules

Finnish employment rules that change the budget

Finland has no statutory minimum wage. Pay floors come from generally binding collective agreements for each sector, so the first question for an EOR is which agreement applies to your hire. Beyond that, four rules from suomi.fi and Tela shape the cost:

• TyEL is not one rate. The 2026 average total is 24.4%, with the employer paying 17.1% on average and the employee 7.3%. The employer share varies by pension provider and employer size.
• Notice grows with service. Employer: 14 days up to 1 year, 1 month for 1 to 4 years, 2 months for 4 to 8, 4 months for 8 to 12, and 6 months after 12 years. Employee: 14 days up to 5 years, then 1 month. A contract or collective agreement can change this.
• Trial period: up to 6 months, and no more than half the term of a fixed-term contract.
• Holiday accrual: 2 days per qualifying month (14 or more days or 35 or more hours worked) in the first year, then 2.5 days per month.

Payroll runs monthly on a 40-hour standard week. Many collective agreements add a holiday bonus (lomaraha); we have not confirmed its size from an official source.

Employment costs and rules in Finland

What an EOR charges to employ someone in Finland

What a EUR 35,700 Finnish hire costs, as far as we can confirm

USD 40,000 at the ECB rate of 1.1208 is EUR 35,689; we round it to EUR 35,700 a year, EUR 2,975 a month.

Arithmetic: 17.1% x 35,700 = 6,104.70. The fee is $7,188 / 1.1208 = EUR 6,413.28. Together with salary, the confirmed portion is EUR 48,217.98. Not included yet: the employer health insurance and unemployment insurance contributions (we have not confirmed their 2026 rates), statutory accident and group life premiums set by the insurer, any holiday bonus, the EOR deposit and currency margin. Tela gives no TyEL ceiling we could confirm. Swap the fee: $199 is EUR 2,130.62 a year, $399 is EUR 4,271.95, $699 is EUR 7,483.94.

Try other salaries in the international employee cost calculator, and ask the EOR for every line in the table filled in.

Finnish entity or EOR

A Finnish company means its own TyEL insurance policy, statutory accident insurance, a collective agreement check and monthly payroll filings. For one or two people, $7,188 a year in EOR fees per head is usually the simpler bill. When the fees approach the cost of running an entity, compare them with our EOR versus entity guide.

Using Finnish contractors

A Finnish freelancer carries their own pension insurance, so the 17.1% is off your books. That changes if the work looks like employment: steady hours, one client and your managers setting the tasks. If the relationship is reclassified, the pension and insurance charges follow. Run project work through a contractor management tool, or a contractor of record if you want the risk to sit with a third party.

The best employer of record in Finland for your hire

For Finland, the long notice scale shapes the contract more than the headline fee. Multiplier, first in our scores at 79/100, sets its deposit from employment costs, fees and notice periods, so a hire with years of service behind them can mean a larger deposit, and it needs 30 days to process a termination. Oyster, second at 64/100, wants at least one month of total service cost up front. Pebl's Employee Term model commits each worker for 12 months. The scoring rules are on how we score.

Weigh the field in our full EOR comparison, then read the Remote, Deel and Oyster reviews. The EOR cost index compares Finland with its neighbors.