Professional Employer Organization (PEO) Services – Local Partner in Finland
Hire employees worldwide with our extensive PEO/EoR entities
Do you need to be operational in new markets quickly? Are you interested to hire internationally without the hassle and costs of opening a local entity? Dive into global markets, accelerate growth, and deliver an exceptional experience for your international dream team. We can help you with this – we're your local PEO/EoR Partner in Finland!
Our Professional Employer Organization Services – PEO Services – is a turnkey service for foreign companies who have no local subsidiary in Finland. Our extensive PEO Service offers outsourced human resource services for the customer, providing comprehensive employment services such as payroll and HR management.
The PEO model is a way for companies to hire workers in a new global market without having to deal with the legal and financial liabilities of setting up a local entity in that country. It’s an easy, fast and legal way to hire your candidate to work, no matter where your company is located.
A better way to hire your international dream team
PEO Service is the solution to complex and time-consuming HR tasks. As a local PEO expert we know all Finnish labor laws and regulations, and we'll save your time and money,
- You don't need to set up a local business entity
- An easy and fast way enter to new markets
- You save in a set up costs and payroll admin costs
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You can minimize compliance risk
- As your business grows, you can also get support from us with other business matters.
Hire employees quickly while setting up your foreign entity
Setting up a foreign entity typically takes a significant amount of time. If you need employees immediately, we can get them up and running in as little as a week, employing them on your behalf while you set up your entity here in Finland. Once your entity is established, we can seamlessly transition them to your direct employment. Read more about our Set Up Services.
Story of Ilkka & Kurita Sweden
Ilkka Herrala, Sales Representative, Finland Kurita Sverige AB
Ilkka wanted to work for Kurita Sweden as an employee. In Finland direct hiring by a Swedish organization is out of the question. Through Econia, it was possible. Econia takes care of the salary payment and vacation money in accordance with Ilkka´s own hourly report, his travel invoices with expense compensations, his occupational health care, exercise benefits and in general all the employer’s obligations.
This is how we do it
We handle all the complexity and liability, you focus on leading your business and growth.
Quickly and compliantly onboarding
- We keep our promises realistic. At best, we can complete the entire onboarding process in less than a week.
- We take care of full employer liability and the client can focus on its core business.
HR & Payroll management
- We handle salary and other employee payments according to Finnish collective agreements and laws.
- A company and a hired employee will each have a personal contact person from us.
Monthly invoicing
- The price consists of employee´s salary with agreed multiplier and there won´t come any suprises add to that. In addition, you'll receive personalized service from us.
- The charges of additional services will be agreed separately (eg. benefits)
PEO, EOR, GEO: what is the difference?
PEO (Professional Employer Organization), EOR (Employer of Record), and GEO (Global Employment Outsourcing) services offer companies the opportunity to outsource HR tasks and responsibilities to a third party. These services are particularly beneficial for companies that want to focus on their core activities and outsource complex and time-consuming HR tasks to a local expert who understands how to operate in the target country. This saves time and resources and ensures that the company operates responsibly and complies with all local labor laws and regulations.
PEO (Professional Employer Organization)
In the PEO model, an EOR (Employer of Record) is the registered employer of the workers and takes on all the legal responsibility, giving the customer company opportunity to focus more on its core business.
As an example, the employee can be either a Finnish employee living in Finland who works remotely for your foreign company or your foreign candidate whom you want to place to work in Finland for a specific project. If your company intends to establish a permanent office in Finland, while establishing the office, your employees can already work for you through Econia's PEO services.
EOR (Employer of Record)
As an EOR, Econia hires your international talent on your behalf and becomes their legal employer in Finland. We take care of duties related to the employment relationship, such as onboarding, employment contracts, statutory insurances, occupational health care, payroll, taxes and ensure compliance with local labor laws and regulations.
GEO (Global Employment Outsourcing)
Both PEOs and GEOs relieve companies from certain HR and payroll duties to varying extents, ensuring there are no compliance risks. However, GEOs offer a more complete solution for hiring international employees, particularly if you are planning a global expansion.
Why choose Econia as your PEO partner in Finland?
- We are known for our strong commitment and active work method.
- A company and a hired employee will each have a personal contact person from us, and we'll always get back to you within 24 hours.
- We also provide immigration services.
- We offer other services that support PEO services, such as HR, advisory, payroll and labor law-related services, all under one roof.
- We support and assistance with audits and related questions (up-to-date reports and statements).
- We are an independent partner, free from chains, ensuring competitive pricing and an agile operating model.
- We are a Reliable Partner, ensuring that we handle matters responsibly and in accordance with regulations.
- We are a member of the Employment Industry Finland (HELA) and follow industry best practices.
- We are also a EURES partner and have extensive international networks.
- Our operations are guided by the ISO 9001:2015 quality system certified by Bureau Veritas, ensuring professional work methods and efficient service processes.