Our Service Model for Preventing Grey Economy
Responsibility is about actions, not promises
In our proactive and comprehensive model for combating the grey economy, Econia centrally handles contractor compliance and permit office tasks, collaboration with authorities and stakeholders, subcontracting chain monitoring, and training. We partner with you from the project initiation and, if needed, provide continuous site supervision and reporting services. Our service model focuses on proactive risk management.
Our clients range from construction sites to large international industrial projects and public sector welfare areas in Finland.
Proactive Grey Economy Control Service Model
1. Shared goals and requirements
At the start of our collaboration, we agree on shared goals and requirements. We familiarize ourselves with the client's inspection process and related contract terms. We also participate in drafting contract agreements in cooperation with the client.
2. Financial background checks
The investigation of contractor compliance matters begins even before subcontracting agreements are signed. We conduct extensive financial background checks on the company and its owners. We also perform a risk analysis if necessary.
3. Responsibility briefings
We guide and instruct contractors on compliance with requirements through responsibility briefings. We conduct regular information sessions for the subcontracting network on topics of your choice, such as working conditions, applicable collective agreements, taxation, and reporting requirements. We can create guidance and training materials for the subcontracting chain (e.g., digital training) according to your needs. An optional service includes Econia's auditing of subcontractors and mandatory basic training before arriving on-site.
4. Inspection of working conditions
We perform inspections of the applicable working conditions before arrival on-site.
5. Contractor compliance and work permit
- Inspections Notification obligation for posted workers
- Verification of the right to work
- Orientations
6. Risk management and monitoring
We prepare a risk management plan with you and design an operating model that suits your needs. We focus primarily on proactive measures to prevent and anticipate problems, including:
Work time tracking Contractor compliance documents Residence and work permits Spot checks Training
7. Reporting
Reporting according to the client's needs, such as Key Performance Indicator reports.
Our Advisory and Compliance Services
Set Up Services International Companies
Local Representative for Posted Workers in Finland
Business and Payroll Services
Instruction and Support for the Subcontracting Chain
Service platform for preventing grey economy
Our Sedatus service platform simplifies the management of external labor throughout the entire project. Manage and monitor the entire subcontracting chain from a single system and ensure that all your partners operate reliably and in compliance with the Contractor's Obligations Act.
We protect the reputation of your project
We protect the reputation of your project, as only seamless management of the subcontracting chain ensures that all parties fulfill their regulatory obligations and operate responsibly, predictably, and according to best practices. These are our goals.
For the benefit of your company, employees and subcontractors
A comprehensive grey economy control model and its implementation also benefit the subcontractor company (whether foreign or domestic) and its employees. By anticipating obligations, employers can execute their projects profitably and in cooperation with their employees. The goal is a well-executed project for all parties involved, where everyone knows their obligations and responsibilities, thereby avoiding unpleasant surprises such as underpayment and non-compliance with labor law guidelines in Finland.
Active stakeholder collaboration and problem prevention
We engage in active, transparent stakeholder collaboration with entities such as the Finnish tax authorities, Regional State Administrative Agencies (AVI), and trade unions. Our aim is to prevent problems through proactive communication, thorough orientation and training of the subcontracting network, and comprehensive monitoring. We handle problem cases promptly on-site on your behalf.
Why partner with Econia?
- We have over 20 years of experience in challenging and international projects for combating the grey economy.
- Our comprehensive operating model and established processes ensure transparent and responsible management and oversight of the subcontracting chain.
- The strength of our model lies in the seamless chain of handling daily contractor compliance matters, managing and advising subcontracting chains, and resolving urgent problem situations.
- We provide both services and software for overall management.
- We have strong expertise in the requirements and interpretation of the Finnish Contractor's Obligations Act.
- We have a broad network of stakeholders and excellent relationships with authorities in Finland.
- In accordance with our quality policy, we strive to continuously improve our operations and develop our operating model.
When you are looking for a partner to develop responsible business,
contact us and let's discuss further.