Nordic/Scandic (Sweden, Norway, Finland and Denmark)
Employment Legislation
Employment legislation in Sweden and Scandinavia are probably some
of the more restrictive in Europe, based on the principles of the
socialist style of the governments. The employees' rights are well
protected. As in Holland and France, officially the Scandinavians
have a system that gives both the employee and employer a trial
period, normally 6 months, during which, the notice period for both
sides can be immediate.
After the trial period i.e. during full time employment, the notice
period is regulated by law and takes in to account age, employment
time, etc and typically ranges from 1-6 months. After which, unless
the employer can prove that the employee has shown gross misconduct
or a serious breach of contract, it becomes difficult to remove
or dismiss them.
Availability of Trained Staff.
Sweden in particular is known for generating strong engineering
and technical graduates. Most Scandinavians do not start work until
their early twenties. Scandinavia typically has a strong socialistic
and democratic culture that promotes group and consensus type of
values. This does not promote a vast resource of strong business
minded entrepreneurs and/or skilled sales professionals. However,
in general there is a strong belief in high -tech and IT as tools
to increase productivity, gain competitiveness, etc. This has for
some time attracted particularly US based, but also other high-tech
and software companies, which to some extent has created a limited
community of very skilled businessmen and sales professionals.
Cost of Employment
The additional costs to employers including full sick pay the first
two weeks, 25 days paid vacation (in practise 27-33 days for demanding
positions) pension, insurance, social and sometimes medical. These
all add up to make Scandinavia one of Europe's more costly areas
of employment and it is not unusual for up to 55% to be added to
the employee's salary package in order to budget for HR expenses.
Commercial Property costs are quite cheap compared with the UK,
Germany and France, and there is a reasonable availability of good
standard office space.
Language and Cultural Factors
All nationalities speak remarkably good English and are as happy
to work in English as in their native tongues. Generally, there
are no real conflicts between individual nationalities and they
interact and work well together. Scandinavians are typically very
dedicated, hard working, open and honest with a great sense of ownership.
Travel and Communication
The vast majority of New Technology Companies are based in and around
Stockholm, Sweden, however other cities are also popular such as
Copenhagen, Oslo and Helsinki. Due to the distances involved, most
travel is undertaken by air with excellent reliable services all
over the region.
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