UKG Inc., a leading provider of HR, payroll, and workforce management solutions announces entering into a definitive agreement to acquire Immedis. Read More
- Date format
- Euro (EUR)
- the standard rate is 20%
- Pension - 20%
- Health Insurance
- Health Insurance - 13%
- Unemployment Insurance
- Unemployment Insurance - 0.8%
- Total Employment Cost
- Total Employment Cost - 33.80%
- Unemployment Insurance
- Unemployment Insurance - 1.6%
- Pension - 2% (Employees born after December 31, 1982)
- Total Employee Cost
- Total Employee Cost - 3.60%
- Minimum Wage
- The minimum wage in Estonia is 3.83 EUR per hour and 584 EUR per month.
- Payroll Cycle
- 13th Salary
Not required by law.
- Employee Income Tax (1)
- Flat Rate - 20%
- General Working Hours
40 hours per week.
Overtime cannot exceed 8 hours within 7 consecutive days. However, an agreement can be made to allow for an overtime allowance of 12 hours over 7 consecutive days over a 4 month period.
- Paid Time Off
28 days per year.
- Public Holidays
- Sick Days
Up to 182 days (paid at 75% of the employee’s salary from the previous year). In case of a temporary incapacity for work a financial compensation paid by the Health Insurance Fund or the employer on the basis of incapacity for work certificate to an insured person (i.e. an employee) who is not receiving income due to a temporary release from their work duties. Benefit for temporary Benefit incapacity for work is paid to persons for whom social security tax has been paid.
- Maternity Leave
Mothers are entitled to 140 days (20 weeks) of maternity leave, which is paid at the normal salary rate. Child allowance (€320) is granted when a child is born. In the event of triplets, €1,000 per child will be given.
- Paternity Leave
Fathers are entitled to 10 days (fully paid) prior to the birth. After the child has been born, the father will be entitled to a further 2 months of leave.
- Parental Leave
Between the mother and father, 435 days are allocated for parental leave before the child turns 3 years old, the mother and father cannot take this at the same time.
- Other Leave
Adoption Leave: This can be taken when a child under the age of 10 is adopted, the employee’s average salary will be paid.
Child care leave: Parents can take this paid leave (minimum wage) and it the amount of days allocated will be given as follows: Up to 2 children under the age of 14 will entitled the parents to 3 days of leave 3 or more children under the age of 14 will entitle the parents to 6 days of leave.
- Termination Process
There are different types of termination processes: Immediate Termination, employee resignation and termination with notice.
- Notice Period
- The required notice period will depend on the length of time the employee has been in that employment:
- Less than 1 year – 15 days’ notice
- 1-5 years of employment- 30 days’ notice
- 5-10 years- 60 days’ notice
- 10+ years- 90 days’ notice
- Severance Pay
When termination occurs due to redundancy, the employee will obtain the average amount of their previous 6 month’s salary. In the event of a fixed term contract being terminated, the employee will receive the amount they would have received from the date of termination to the expiry date of the original contract. Employees who have between 5 and 10 years of service will be entitled to an additional months’ salary, and over 10 years of service will warrant the employee to an additional 2 months’ salary.
- Probation Period
This cannot be longer than four months.
- Employment Visa