Global Headhunting & Recruitment Solutions in Estonia
Why create a global recruitment strategy?
Creating a global recruitment strategy is essential for organizations that want to attract and retain the best talent from around the world. Here are some key reasons why:
1. Access to a larger talent pool: By casting a wider net and looking beyond local talent, organizations can tap into a larger, more diverse pool of candidates with a wider range of skills, experiences, and perspectives.
2. Cost savings: Hiring local talent may be less expensive in the short term, but in the long run, it can limit a company’s ability to scale globally. By creating a global recruitment strategy, companies can identify and leverage cost-effective hiring practices across different regions, which can help to reduce overall recruitment costs.
3. Better alignment with business goals: A global recruitment strategy can help ensure that hiring decisions are aligned with the company’s overall business strategy and objectives. By taking a more holistic approach to recruitment, organizations can ensure that they are hiring candidates with the skills, experience, and cultural fit that will help drive their business forward.
4. Improved employer branding: By positioning themselves as a global employer of choice, organizations can attract top talent and differentiate themselves from competitors. A strong employer brand can also help to reduce recruitment costs and improve employee retention rates.
Why hire talents in Estonia?
There are several reasons why a company might consider hiring talent in Estonia:
- Highly skilled workforce: Estonia has a well-educated and highly skilled workforce. The country has a strong focus on STEM education, and many Estonians are proficient in English, which makes them attractive candidates for international companies.
- Competitive labor costs: Estonia has relatively low labor costs compared to many other European countries. This makes it an attractive location for companies looking to control their labor costs while still hiring skilled workers.
- Business-friendly environment: Estonia is known for its business-friendly environment. The country has a simple and transparent tax system, and it is easy to set up and run a business in Estonia.
- Technologically advanced: Estonia is one of the most technologically advanced countries in the world. It has a highly developed digital infrastructure, which makes it an attractive location for companies operating in the tech sector.
- Support for innovation: Estonia has a strong startup ecosystem and a supportive government. The country offers a range of grants and incentives to support innovation, making it an attractive location for companies that are focused on research and development.
How much does it cost to hire talent in Estonia?
The cost of hiring talent in Estonia can vary depending on a number of factors, including the specific industry, the level of experience and skill required for the position, and the location of the job.
In general, the average monthly salary in Estonia is around 1,300 to 1,500 euros gross. However, this can vary significantly depending on the industry and the specific job. For example, the average monthly salary for a software engineer in Estonia can range from 2,500 to 4,500 euros gross, while the average monthly salary for a customer service representative can range from 900 to 1,300 euros gross.
Employee labor laws in Estonia
Working Hours in Estonia
In Estonia, the standard working hours per week are 40 hours, which is the same as in most European Union countries. The maximum working hours per day are 8 hours, and the maximum working hours per week are 48 hours.
Minimum wage
As of 2021, the minimum wage in Estonia is €700 per month for full-time work, which is based on a 40-hour work week. This means that the hourly rate for minimum wage would be approximately €4.40 per hour. However, it’s important to note that this is just the minimum wage and many workers in Estonia earn more than this depending on their industry, experience, and qualifications.
General taxation
Type of Tax
|
Rate
|
---|---|
Personal Income Tax
|
20%
|
Corporate Income Tax
|
20%
|
Social Tax (paid by employer)
|
33%
|
Hire the best talent in Estonia with EER Global
EER Global adopts a customized and professional approach to locate the most suitable talent for your company. By carefully assessing and identifying the perfect candidate for your specific role, they can save you time and resources that would have otherwise been wasted on hiring the wrong person.
With their vast network and industry expertise, they can link you up with exceptional candidates in the job market, enabling you to fill your positions quickly and effectively. Additionally, they can offer valuable insights and recommendations on the recruitment process, empowering you to make informed decisions that align with your business objectives. If you are planning to recruit in Estonia , do not hesitate to get in touch with EER Global’s dedicated team of professionals for further details.