Looking to conquer the world of business without getting tangled up in international employment complexities? We got this.
No cultural barrier or legal obstacle will stand in your way with us in your corner. We tailor our services to fit your unique needs so you shine no matter where you operate in the world.
Sweden, renowned for its pristine natural beauty, progressive social policies, and a harmonious blend of modernity and tradition, stands as an inviting prospect for businesses considering international expansion in a landscape that epitomizes innovation, inclusivity, and a high quality of life.
Creating a worldwide workforce is a continuous process that extends beyond a contract.
TCWGlobal surpasses the typical employer of record (EOR) by ensuring that your team receives personalized attention, ranging from smooth payrolling management to customized benefits based on your specific needs and location.
Fixed-term contracts are permitted in Sweden but may not exceed 2 years. They may be used for general fixed-term projects, seasonal work, temporary positions, or those over the age of 67.
Probationary periods are permitted but not required in Sweden. When used, they may not exceed 6 months. During the probationary period, the contract can be terminated with 2 weeks’ notice. If the contract is not terminated within that period, it will become permanent.
Workers recognize 13 paid public holidays.
Workers accrue 25 paid vacation days per year. Accrued but unused leave must be paid out at the time of termination. Vacation pay is equal to .43% of the monthly salary when a worker goes on leave.
Workers are not entitled to pay on the first day of injury or illness. For the following 14 days, Workers must receive 80% of their salary. After that, the Swedish Social Insurance Agency provides sick benefits. In some cases, a portion of the sick pay issued to the Worker may be recovered.
A regular workweek is 40 hours per week. Workers are entitled to a statutory 30 minute break after 5 hours of work.
Overtime cannot exceed 50 hours per month. The premium rate for overtime work is 150% of the Worker’s hourly rate for each hour worked over 40 in a work week. Hours worked after 8:00 pm or on weekends is compensated at a rate equal to the Worker’s monthly rate divided by 72 for each additional hour worked.
There are no mandatory bonuses in Sweden.
In general, a Worker can only be terminated with just cause. Terminations that do not meet the standards of the Swedish Employment Protection Act may be considered invalid. Valid reasons include but are not limited to criminal activity, neglect of work duties, disloyalty, or regular absenteeism. Terminations require at least 1 month of notice.
Workers must observe the same notice periods as employers in resigning. The notice must be written and contain the termination date.
TCWGlobal stands unmatched as the leading employer of record service provider. Our global reach, expertise in diverse industries, and commitment to client satisfaction makes us the best choice. Looking for a global employer of record or international payrolling partner that will work with you and not for you? Trust TCWGlobal. We are here for you.
When choosing an Employer of Record (EOR) service, people often make mistakes such as overlooking compliance, global reach, technology integration, company experience, and fee transparency. Watch this video to see what to consider when picking an EOR.
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