Sweden Employment Guide

Sweden is in Northern Europe, bordering the Baltic Sea (east), Norway (west) and Finland (north). It has ~10.5 million people; Swedish is official, and Stockholm is the capital. Its highly developed economy is service-led, with globally competitive manufacturing, IT, auto and clean energy sectors. Labor laws (per Working Hours Act) plus collective agreements protect wages, hours, leave and social security. Standard workweek: 40 hours (overtime needs extra pay or time off). Salaries are usually monthly (avg. SEK 37,000 pre-tax). Laws cover paid leave, encourage flexible work and employee participation in corporate decisions, balancing interests for a fair, sustainable labor market.

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Currency

Swedish Krona (SEK, kr)

Capital

Stockholm

Official language

Swedish

Salary Cycle

Monthly

Our Employment Guide in Sweden

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Paid Time Off (PTO) Policy

Full-time employees at SailGlobal are entitled to 25 days of paid annual leave. This entitlement accrues progressively throughout the year at a rate of 2.08 days per month. The accrual period runs from April 1st to March 31st of the following year.

For part-time staff, PTO is calculated on a pro-rata basis relative to their weekly working schedule. An employee working a standard five-day week receives the full 25-day allowance, while those with reduced schedules receive a proportionally adjusted amount.

Accruing this leave is a mandatory component of compensation, representing approximately 12% of total remuneration. Furthermore, employers are legally required to schedule a continuous four-week block of leave for each employee between June and August.

Public Holidays

SailGlobal employees benefit from 13 designated public holidays annually. These non-working days are consistent with national observances and provide additional paid time off.

New Year's Day
Epiphany
Good Friday
Easter Sunday
Easter Monday
Labour Day
Ascension Day
Whit Monday
National Day
Midsummer's Day
All Saints' Day
Christmas Day
Boxing Day

International Comparison: Leave Benefits

Compared to global standards, SailGlobal's leave package is highly competitive. For instance, while the US has no federal mandate for paid vacation, and the UK typically offers 20-25 days, our policy aligns with leading European standards that prioritize work-life balance.

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