What is the payroll cycle in Finland?

Monthly payroll is standard practice. Payroll is paid in EUR (Euro).

Can I run payroll in Finland without a local entity?

Yes. Through an Employer of Record (EOR), Gracemark employs your talent under Finland labor law and runs local payroll, no entity required.

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Payroll in Finland

Payroll in Finland runs in EUR (Euro). Monthly payroll is standard practice. No statutory 13th-month bonus; holiday bonus (lomaraha) of about 50% of holiday pay is common under collective agreements, not universal law. Statutory employer contributions apply. Gracemark operates it end-to-end, humans, not tickets.

Get a Finland payroll quote Paying an existing team there? Tell us the headcount, email or phone is enough.

Currency

EUR, Euro

Payroll cycle

Monthly payroll is standard practice.

Working week

The Working Hours Act sets ordinary hours at 8 hours/day and 40 hours/week, with overtime compensated at premium rates set by the Act and applicable collective agreements.

Minimum wage

Finland has no statutory national minimum wage; pay floors are set by sector collective bargaining agreements, which cover roughly 89% of the workforce.

13th-month

No statutory 13th-month bonus; holiday bonus (lomaraha) of about 50% of holiday pay is common under collective agreements, not universal law.

Employer cost

Employer social costs (pension TyEL, unemployment insurance, health insurance, accident insurance) typically total roughly 17-20% of gross salary depending on sector and company size.

Probation

Probationary period is commonly up to 6 months, or up to half of a fixed-term contract's length.

Notice period

Notice periods scale with tenure (14 days to 6 months); statutory severance is not generally required outside collective agreement or redundancy-specific provisions.

Two ways to run payroll in Finland

Own-entity payroll

For long-term presence in Finland. Gracemark manages statutory filings, pay runs, and year-end reporting under your entity, with a named operator on Northern Europe time.

EOR-run payroll

No entity in Finland? Employ and pay talent under Gracemark's local infrastructure via EOR, onboard in 1–2 weeks (eor), no local incorporation.

Compliance essentials in Finland

No statutory minimum wage, set by collective agreements
Holiday bonus ('lomaraha') often adds 50% of holiday pay
Reformed, gender-neutral parental leave
Strong engineering and gaming talent
High English proficiency

Get a payroll quote for Finland

Send your headcount and salary band. We reply with employer burden, net-to-gross, and setup timeline, no sales scripts.

Get your Finland hiring plan

Send the role, a selected worker or an existing-team requirement in Finland. Get a written recommendation covering the model, cost categories, responsibilities and next steps. One hire is welcome; no meeting required.

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Deeper guide

Hiring guide: Finland →

Employ without entity

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