Public Business Support and Funding
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47
A minimum wage has not been determined in the legisla-
ture but there exists an expectation of reasonable remu-
neration for work considered normal in the sector (can
also be indicated in the generally applicable collective
agreement).
The most used payment systems are fixed monthly salary
and commission payment. During the first year of employ-
ment an employee will earn annual leave at the rate of 2
days/month; after the first year, the rate will increase to
2.5 days/month. A collective agreement may provide for a
holiday bonus.
If work is performed abroad for a minimum period of one
month, the information must include the duration of the
work, the currency in which the monetary pay is to be paid,
the monetary remunerations and fringe benefits applica-
ble abroad, as well as the terms for the repatriation of the
employee.
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Information about occupational wages, salaries, labor costs and legislature:
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Statistics Finland
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