Employee Benefits
Employee Benefits
We Help Secure and Reward Your Personnel in Finland and Abroad
In Finland employee benefits operate slightly differently than in many other countries. Finland generally operates within three types of benefit systems: social security (for all citizens), statutory insurances and voluntary benefit plans and perks. We'll help you in any challenge you might have with the Finnish employee benefits system. We either start by going through your needs or go through your current setup in case it already exists.
Social Security
(for all citizens)
In Finland the social security is financed through taxation and everyone contributes.
Statutory Insurances
In Finland there are a statutory pension plan, workers compensation and group life as well as unemployment insurance. The coverage is the same for all companies.
Occupational health care for employees is partly statutory e.g. the preventive care. Many companies extend the service to cover also medical and dental care.
Voluntary Benefit Plans and Perks
The set-up depends on the company’s wishes, company policy and market practice in Finland.
Common voluntary benefits and perks include e.g.
- voluntary pension plans
- group life and disability cover
- health insurance
- travel insurance
- wellness benefit
- meal benefit
- company phone.
How We Operate With Employee Benefits
If you already have employee benefits program in Finland we start by reviewing your current employee benefits and their price level with any incidental costs. We will also find out how your company has benefited from tax benefits and if we could make even better use of them.
If you do not yet have a plan in Finland, we'll be happy to help you create one! In this case we'll start by discussing the spesific needs of your company and employees.
Based on our analysis and discussions with you, we prepare a proposal for an employee benefit program and, if necessary, tender the service providers for you.
If you wish, we can also involve local staff representatives in the process. This often brings a fresh perspective to the conversation to gain more knowledge of the benefits and perks your staff specifically values.
Let Us Take Care of Your Employee Benefits
Do you feel overwhelmed with the Finnish benefit system? Let us help you! We liaise with insurance companies and help with pension and benefit matters. We can also handle tax matters, invoice checks, insurance mail, updating insurance coverage, and many other day-to-day matters. Contact us and we'll get back to you shortly!
ArticleWe Make Sure Your Employee Benefits Bring Value
The purpose of employee benefits is not only to guarantee the wellbeing of your current employees but to also increase the commitment of your key employees and to attract new talent. We help you make sure you have the right kind of employee benefits to achieve these goals.
