Employer of Record Finland

Both a PEO (Professional Employer Organization) and EOR (Employer of Record) are solutions that help companies expand and operate in Finland without establishing a local legal entity. However, there are distinct differences:

PEO (Professional Employer Organization): A PEO serves as a co-employer alongside your company. While the PEO manages HR responsibilities such as payroll, benefits, and compliance, your company retains control over the daily management and operations of the employees. The employment relationship is shared between your company and the PEO.

EOR (Employer of Record): An EOR, on the other hand, becomes the primary legal employer for your staff in Finland. The EOR assumes all local employment liabilities and manages all HR-related functions, including contracts, payroll, taxes, and ensuring adherence to local labor laws. This setup offers a more hands-off approach for companies looking to operate in Finland.

In essence, while both models offer payroll and HR solutions, the level of responsibility and engagement varies. An EOR, such as GTS Nordic, offers a more comprehensive solution for businesses that prefer to delegate all local employment tasks and liabilities to a third party in Finland.

Our EOR services ensure that all employees receive their entitled benefits as per Finnish labor laws. This includes vacation days, sick leave, parental leave, and other statutory benefits. Furthermore, we continuously monitor changes in labor legislation and ensure that contracts, employment practices, and benefits are updated accordingly, safeguarding your company against non-compliance risks.

Yes, our EOR services in Finland cater to both long-term and short-term employment needs. Whether you're looking to onboard permanent team members or require temporary staff for a specific project duration, we facilitate smooth and compliant hiring processes. We also assist in contract preparations, terminations, and any other employment lifecycle stages to ensure a seamless experience for both the employer and the employee.