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SALARY PAYMENT IN Swedish Krona (SEK, kr)
CONTRACT LANGUAGES Swedish / English
PAYROLL TAX 31.42%
PAYROLL CYCLE Monthly
TIME TO HIRE 24 hours
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Sweden does not have a regulated minimum wage. Collective bargaining agreements commonly involve minimum wage agreements, but these vary significantly by role and industry. “Collective bargaining agreements” in employment law refers to union representation negotiating things like the wages or salary, benefits, and other details of the employment agreement directly with the employer.
Sweden does not have a national minimum wage, so there are no regional variations in the minimum wage.
There are no minimum wage laws in Sweden. Sweden and other Nordic countries rely on their robust union membership numbers as their preferred method for keeping wages fair and equitable.
However, with the 2022 minimum wage rules adopted by the European Union parliament, it is unclear if the country will adopt the rules by the 2024 deadline.
Sweden does not have a minimum wage. This follows the policy in neighboring Norway, which also doesn’t regulate minimum wage. Instead, in both countries, collective bargaining agreements are commonly used to determine minimum compensation.
There is no minimum wage in Sweden, neither for citizens nor for expatriates living in Sweden. The government of Sweden prefers to not be involved with matters related to labor, and unions are the primary body to set minimum compensation figures. In cases where foreign nationals are seeking employment in Sweden, a labor union will review the candidate’s contract to ensure it is in line with best labor practice according to the unions.
Your business can easily hire employees in Sweden without opening a local entity.
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The average salary in Sweden is SEK 40,100 per month. There is no minimum wage in Sweden.
Since there is no minimum wage in Sweden, it is not possible to hire employees close to the minimum wage. It is sometimes possible to hire employees for an amount close to the average wage.