Global Headhunting & Recruitment Solutions in Denmark
Why create a global recruitment strategy?
- 1. Access to a larger pool of talent: With a global recruitment strategy, a company can tap into a wider pool of talent, beyond their local or regional area. This can increase the chances of finding the right candidate for the job and enhance the company’s competitiveness in the global market.
- 2. Addressing skill shortages: In some industries or countries, there may be a shortage of skilled workers. A global recruitment strategy can help companies find the talent they need to fill these skill gaps and keep their business running smoothly.
- 3. Diversity and inclusion: A global recruitment strategy can help companies promote diversity and inclusion in their workforce by hiring people from different backgrounds, cultures, and countries. This can bring new perspectives and ideas to the company and enhance its creativity and innovation.
- 4. Cost-effectiveness: In some cases, it may be more cost-effective for a company to hire talent from another country than to train or upskill existing employees. A global recruitment strategy can help companies find skilled workers who are already trained and experienced, which can save time and money in the long run.
- 5. Expanding into new markets: If a company is expanding into new markets or opening new offices in different countries, a global recruitment strategy can help them find the talent they need to establish and grow their business in these new locations.
Why hire talents in Denmark?
There are several reasons why hiring talents in Denmark can be advantageous:
- Highly skilled workforce: Denmark has a highly skilled and educated workforce, with a strong emphasis on education and training. The country is known for its high-quality education system and consistently ranks among the top countries in the world for education.
- Innovative and tech-savvy culture: Denmark is a leader in innovation and technology, with a strong focus on research and development. The country has a vibrant startup culture and is home to many successful tech companies.
- Strong work-life balance: Danish employees enjoy a strong work-life balance, with flexible working hours, generous parental leave, and a maximum 37-hour workweek. This makes Denmark an attractive destination for both employees and employers.
- Multilingual talent pool: Many Danes speak multiple languages, making them valuable assets for businesses that operate globally.
- Supportive business environment: Denmark has a business-friendly environment, with low bureaucracy, a stable political and economic climate, and easy access to financing and venture capital.
How much does it cost to hire talent in Denmark?
In Denmark, the minimum wage for employees is regulated by collective bargaining agreements, which vary by industry and job function. The minimum wage for most positions is around DKK 110 per hour (as of 2023), which is roughly equivalent to €14.7 or $16.5 USD. However, many employers offer salaries above the minimum wage to attract and retain top talent.
In addition to salary, employers in Denmark are also required to pay social security contributions, pension contributions, and other benefits such as healthcare and paid time off. These additional costs can range from 30-50% of an employee’s salary.
Employee labor laws in Denmark
Working Hours in Denmark
In Denmark, the standard working week is 37 hours, which is typically spread over 5 days. However, some industries may have different working hours, and some employers may offer flexible working arrangements.
Denmark has a strong tradition of work-life balance, and many companies prioritize employee well-being and satisfaction. In recent years, there has also been a growing movement towards a 4-day workweek, with some companies experimenting with shorter working hours to improve productivity and employee satisfaction.
Minimum wage
Denmark does not have a national minimum wage. Instead, wages are typically determined through collective bargaining agreements between employers and trade unions. These agreements cover the vast majority of workers in Denmark, and they typically include minimum wage levels for different industries and job types.
The minimum wage levels vary depending on the industry and the skill level required for the job. For example, the minimum wage for a trainee in the hotel and restaurant industry is around DKK 110 per hour (as of 2021), while the minimum wage for a skilled worker in the manufacturing industry can be as high as DKK 180 per hour.
General taxation
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Type of Tax
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Rate
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|---|---|
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Personal Income Tax
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Up to 55.8%
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Corporate Tax
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22%
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Capital Gains Tax
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42% (for gains exceeding DKK 67,100)
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Social Security Tax
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8% to 8.9% (employee), 8.05% to 8.95% (employer)
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Hire the best talent in Denmark with EER Global
EER Global takes a personalized and expert approach to finding the best talent for your organization. With their careful evaluation and identification of ideal candidates for your specific role, they can help you save time and resources that might have been wasted on hiring the wrong person.
Drawing on their extensive network and industry expertise, they can connect you with outstanding candidates in the job market, enabling you to quickly and efficiently fill your positions. In addition, they can provide valuable insights and guidance on the recruitment process, helping you make informed decisions that align with your business objectives. If you’re looking to recruit in Denmark, feel free to contact EER Global’s dedicated team of professionals for further information.
