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Sweden Employment Guide

Your quick guide on talent and labor compliance norms in Sweden




Swedish Krona (SEK)


Swedish, English

Payroll Frequency


GDP per Capita


Employer Tax


Talent Overview

Sweden has the most progressive economy for a highly developed export-oriented economy, contributed by timber, iron ore, and hydropower. They hold the 8th rank out of 45 in Europe for economic growth. The country followed a global pattern for the development of its economic statistics.

Major economic hubs:

Stockholm, Gothenburg, Malmö

Skills in demand:

Construction, Engineering, Healthcare specialists, IT Specialists

Map 5

Local Universities

The top local universities in Sweden are as follows:

Uni1 6

Lunds Universitet


Local: 1

World : 178

Uni2 4

Uppsala Universitet


Local: 2

World : 179

Uni3 6

Kungliga Tekniska högskolan


Local: 3

World : 194

Uni4 5

Linköpings Universitet


Local: 4

World : 222

Uni5 6

Göteborgs universitet


Local: 5

World : 265

Salary Data

The following table provides the average salary data in Sweden:

Job Title Average Monthly Salary (SEK) Average Monthly Salary (USD)
Financial Manager 93,600 SEK 9,146 USD
General Manager 84,900 SEK 8,297 USD
Business Development Manager 72,800 SEK 7,114 USD
Project Manager 51,700 SEK 5,052 USD
Business Analyst 59,800 SEK 5,844 USD
Financial Analyst 57,500 SEK 5,619 USD
Office Manager 40,000 SEK 3,909 USD
Talentsource 20

Talent Sourcing Tips

Top Local Job Boards:

CareerBuilder, Blocket, Jobbland

Number of LinkedIn users:


Multiplier Recruitment Partner:


Employing in Sweden

To onboard employees from Sweden, the employer should be knowledgeable about the Employment terms, Labor laws, deductions, and benefits. This section has all the necessary information that employers can use.

Employee Contract

The employer has to provide the employee with a written employment contract. According to Swedish laws, the contract must contain all the terms and conditions and the employer’s information. There is no statutory language preferred in Sweden’s employment contract. Employers must ensure that the contracts are in a language that is understood by all of the parties involved.

Probation Period

The probation period in Sweden will be based on the collective agreement.

Public and Provincial Holidays 2024

Date Name Type
1 Jan New Year’s Day Public holiday
6 Jan Epiphany Public holiday
29 Mar Good Friday Public holiday
31 Mar Easter Sunday Public holiday
1 Apr Easter Monday Public holiday
1 May May 1st Public holiday
9 May Ascension Day Public holiday
18 May Whit Saturday De facto holiday
19 May Whit Sunday Public holiday
6 Jun National day Public holiday
21 Jun Midsummer Eve De facto and Bank holiday
22 Jun Midsummer Day Public holiday
2 Nov All Saints’ Day Public holiday
24 Dec Christmas Eve De facto holiday
25 Dec Christmas Day Public holiday
26 Dec Boxing Day Public holiday
31 Dec New Year’s Eve De facto and Bank holiday

Employee Leaves

Type of Leave Time Period Mandatory
Annual/Earned Leave 25 days Yes
Sick Leave 14 days Yes
Maternity Leave 14 weeks Yes



Payroll 1

Payroll Cycle

The employee in Sweden must be paid monthly.

Payroll 2

Minimum Wage

The new minimum salary, effective October 1, 2023 will be SEK 22,203 per month. For employees with secondary education, the minimum wage will be SEK 24,456.

Payroll 3

Overtime Pay

Employees are allowed to work for a maximum of 50 hours of overtime in a month and the employee is usually paid at a rate of 50% to 100%.


13th Month Pay

There is no specific provision for a 13th-month salary in Sweden.

Employee Benefits

  • Private medical insurance
  • Sickness & Disability
  • Life insurance
  • Work injury insurance


Employer Payroll Tax

Category Contributions
Social Security 31.42%

Employee Payroll Tax

Category Contributions
Pension 7% (up to SEK 40,100)

Employee Income Tax

Annual Taxable National Income Tax Municipal Income Tax
From 0 to 540,700 0 32%
Over 540,700 20% 32%


The standard VAT rate in Sweden is between 6% and 25%.

Offboarding & Termination

A‍ notice may or may not be given when terminating an employee in Sweden. However, employers must have a clear and justifiable basis for making the decision.

The Notice Period in Sweden will be up to 6 months.

There are no provisions regarding severance pay in Sweden. However, employees may receive severance pay if it is indicated in their employment agreement with their employers upon onboarding.

Visa and Immigration

There are seven types of Swedish work visas that foreign employees may apply for based on the purpose and duration of their employment. Below are the following:

  • Sweden Work Permit
  • Intra-company Transfer
  • Business Visa
  • Self-employment visa
  • Working Holiday visa
  • EU Blue Card
Visa 21
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Minimum Wage

Overtime Pay

Visa & Immigration