Support and compensations
The Employment and Economic Development Office can grant various subsidies for promoting employment and starting a business.
- Pay subsidy is a discretionary subsidy paid for employers and aimed at promoting the employment of unemployed jobseekers.
- Employment policy project support is a government grant that the Employment and Economic Development Offices can grant for projects that promote the employment of job seekers. The Employment and Economic Development Office will provide information on application periods.
- Start-up grant is a subsidy paid to a person starting up a business in order to secure their income.
- Subsidy for arranging working conditions is a subsidy for an employer for making reasonable adjustments required by a disabled or chronically ill employee.
- Unemployment security provides unemployed jobseekers with the financial means to seek work and to improve their chances of finding work. There are three types of unemployment benefits in Finland: earnings-related allowance, basic daily allowance and labour market subsidy.
Job alternation system and the European Globalisation Adjustment Fund (EGF)
An employee's job alternation leave is subject to an agreement between the employer and the employee. The employer must hire an unemployed jobseeker as a substitute for the duration of the job alternation leave. The employee taking the job alternation leave receives a job alternation compensation for the duration of the leave.
Support from the European Globalisation Adjustment Fund (EGF) helps people that have lost their jobs as a result of the global economic and financial crisis to find work, receive training or to set up their own business. The support will be directed through the Ministry of Economic Affairs and Employment for the funding of employment and business services.