When can I hire an employee, and what does it cost?
Hiring your first employee is a significant expense. In addition to salary, you must pay pension and insurance contributions.
- Assess whether your business is profitable enough. Costs include social security contributions and insurances
- Wage subsidies may be available from Employment Services or ELY Centre
- Consider "zero-hour contracts" to minimize risk
- Always include a maximum probation period in the contract
Hiring your first employee is a significant expense. In addition to salary, you must pay pension and insurance contributions.
You can apply for wage subsidies to reduce costs and risks.
Business Advisor
Olav Nylund
- Running companies, new entrepreneurs, changes of ownership
- Innovation Boost project
- Regional responsibility: Malax, Vörå, Vaasa
Business Advisor
Tuija Räihä-Pundars
- Running companies, new entrepreneurs
- Businesses' workforce and competence needs
- Regional responsibility: Vaasa, Korsholm