|Tuesday||Jan-01||New Year's Day|
|Sunday||Jan-06||Epiphany||13th Day of Christmas|
|Friday||Apr-19||Good Friday||Friday before Easter Sunday|
|Monday||Apr-22||Second Easter Day||Monday after Easter Sunday|
|Thursday||May-30||Ascension Day||Helatorstai. 40 days after Easter|
|Friday||Jun-21||Midsummer Eve||Shops remain open|
|Saturday||Nov-02||All Saints' Day||Saturday between October 31 and November 6|
|Thursday||Dec-26||Second Day of Christmas|
Holidays are observed on their calendar date.
If the date of a holiday falls on a Saturday or Sunday, then the holiday will not be moved to a weekday.
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No official minimum wage.
Full time employment is considered 40 hours weekely, and 8 hours daily.
Overtime is paid at 150% for the first two hours, and 10% for the following hours.
Finland's pension system is based off of two schemes:
1. The national public pension plan
2. A compulsory occupational pension scheme (also refereed to as earnings related pension scheme).
In the national public plan, up to 20% of average wages in Finland are contributed. Employers contribute 17.75% of workers wages to the earnings related pension scheme. Employees contribute 6.35% of their wages to the earning related pension scheme until 53, at which point contributions raise to 7.85%.
The average monthly contribution is 18% of monthly payroll.
The minimum monthly earnings used to calculate contributions are €57.51.
There are no maximum earnings used to calculate contributions.
50 percent is paid in February, and 50 percent is paid in July.
Aside from situations of sever misconduct, employees must be given a warning and the opportunity to change their behavior before termination.
Once termination is final, employers must provide the following notice to employees:
* 14 days: 0-1 year employed
* 1 month: 1-4 years employed
* 2 months: 4-8 years employed
* 4 months: 8-12 years employed
* 6 months: over 12 years employed.
For the first 5 years of employment workers are expected to provide 14 days of notice. Following the 5th year, employees are expected to provide one month notice before terminating employment.
Severance payment isn't regulated in Finland outside of state offices, unless employee is over 45 and re-employment is considered difficult, in which case employee is entited to severance from a public fund typically equiling 1,500 EUR.
Employees accumulate 2.5 vacation days for every month employed. Typically vacation is taken between May 2 -September 30, however, an excess of 4 weeks vacation can be used during the winter. 6 days of vacation can carry over from one year to the next.
After one month of employment, employees are entitled to up to 9 days of consecutive sick leave payment.
Expecting mothers are entitled to 105 days of maternity leave. 50 of these days can be taken before the baby is born.
Expecting fathers are entitled to 54 days of paternity leave.
No specific laws.
The frequency at which companies choose to pay their workers can be any of the following: monthly, semi-monthly or bi-monthly. Payment is typically between the 25th-30th.
24% standard rate.
There are however items given a discount rate.
- 14% for agricultural products
- 10% for pharmaceutical products, print, transportation and entertainment.
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