Talent Wiki - Sweden

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

Local Universities

Top local universities of Sweden with world rank:

Lunds Universitet


Local: 1

World : 191

Uppsala Universitet


Local: 2

World : 198

Kungliga Tekniska högskolan


Local: 3

World : 200

Linköpings Universitet


Local: 4

World : 246

Göteborgs universitet


Local: 5

World : 302

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 9,007.02 USD
General Manager 84,900 SEK 8,169.83 USD
Business Development Manager 72,800 SEK 7,005.46 USD
Project Manager 51,700 SEK 4,975.03 USD
Business Analyst 59,800 SEK 5,754.48 USD
Financial Analyst 57,500 SEK 5,533.16 USD
Office Manager 40,000 SEK 3,849.15 USD

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 2023

Date Holiday Type
1 Jan New Year’s Day Public Holiday
6 Jan Epiphany Public Holiday
7 Apr Good Friday Public Holiday
9 Apr Easter Sunday Public Holiday
10 Apr Easter Monday Public Holiday
1 May May Day Public Holiday
18 May Ascension Day Public Holiday
28 May Whit Sunday Public Holiday
6 Jun National Day Public Holiday
24 Jun Midsummer Day Public Holiday
4 Nov All Saints’ Day Public Holiday
25 Dec Christmas Day Public Holiday
26 Dec 2nd Day of Christmas Public 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 Cycle

The employee in Sweden must be paid monthly.

Minimum Wage

There is no official minimum wage in Sweden. The employer directly negotiates the rate through a collective bargaining agreement.

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% (upto 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

Streamline payroll and compliance for your international workforce


Minimum Wage

Overtime Pay

Visa & Immigration