Employee Leasing in Finland: A Modern Approach to Workforce Management

A key factor in running a successful business is hiring the right people. You need knowledgeable, motivated and efficient employees to help you create an optimal workday in all areas of your business. There are many ways to achieve this, and one of them is through employee leasing. This has become a popular way for entrepreneurs in Finland to expand and grow their business in recent years. Whether you are based abroad but active in the Finnish market, or you are based in Finland, staff leasing could be the right route for you.

Understanding Employee Leasing

Employee leasing can in short be described as an agreement between your company and the employee leasing firm, who supplies staff for companies on a temporary basis. A contract can be very short or longer, and you can often extend the contract as needed. The cost is negotiated with the staffing firm, who also handles the employee’s salary during the time he or she is working for your company. In Finland this means they are required to follow all work related laws in order to guarantee the employee’s wellbeing in the workplace. 

What to Consider ?

There are a few important factors to look at when considering employee leasing for your business in Finland. Below you find information about the most important ones to think about. 

Learn about the firm’s agreements and employee security

In Finland there are extensive work laws in place in order to increase employee security. “The Finnish Occupational Safety and Health Act” is vital for all employers aiming to follow rules and regulations. Make sure the firm you choose offers great opportunities for their employees. That way you can be sure they come to work every day feeling appreciated. 

Get recommendations

Make sure the firm you choose is highly regarded. By checking with previous customers you can ensure that you pick the right firm for you and your company. 

Clarify your needs and understand the agreement

Last but not least, it is important that the agreement between your company and the staff leasing company is clear, precise and favourable. Make sure that you have clearly formulated your needs. Have your legal department review the contract before you sign it and always ask questions first if you are unsure about anything.

Advantages with employee leasing in Finland 

An employee leasing company often referred to as professional employer organisation (PEO) is a strategic partner handling everything from HR and payroll to employee benefits and worker’s compensation. So, you can get back to doing important things.

• You save money as you don’t have to commit to employing somebody for the long term and you can instead hire staff as needed. According to statistics presented by employer networks in Finland, all employers have to count on a 22% additional cost for hiring staff, on top of paying a salary.
• The professional employer organisation (PEO) will take care of all documentation and other administrative work regarding your employee. This will save you time. Finnish authorities require that all employers send in documentation almost monthly, something the staffing firm instead will take care of if you go down that route.
• You will increase productivity during peak season, in a time efficient way and quick way. Finland has a large young population and almost half of the population go to university, meaning you will have a large pool of candidates to choose from.
• You will get a pair of “fresh” eyes on your business which can be helpful as an outside perspective can help you see work processes and tasks within the company in a new way. 

Conclusion

By hiring a new employee through a professional employee leasing company in Finland like Swapp Agency, you can optimise your business on a daily basis. You can also ensure that your company's peak season is covered by sufficient staff. In short, it gives you the flexibility you need to succeed, and that's something more and more people appreciate in their own lives too, as they can adjust their working lives as required, working longer hours when needed and less at other times. Employee leasing is the way forward for any forward thinking and modern organisation in Europe.