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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There is no mandatory 13th-month benefit in Sweden. Any annual bonuses are voluntary on the part of employers.
There is no mandatory 13th-month salary in Sweden.
There is no mandatory 13th-month salary in Sweden. Any and all annual bonuses are paid at the discretion of the employer.
Since there is no 13th month pay in Sweden (not in practice, nor legally required), any bonus offered by an employer in Sweden would represent an extra amount on top of the agreed-upon salary.
There is no mandatory 13th-month salary in Sweden. However, any other bonuses paid would be subject to income tax.
Your business can easily hire employees in Sweden without opening a local entity. We handle local employment law, complex tax regulations, and international payroll in 185 countries worldwide. All you need to do is focus on your business.
No, there is no 13th month pay period in Sweden.
No, there are generally only 12 pay periods in Sweden. Any bonuses paid are at the sole discretion of the employer, both for the amount of the bonus and the payout time.