Hire your remote team in Estonia

Rivermate is a global employment solutions company that provides Employer of Record services in Estonia.

As an employer of record, we help you hire employees and run payroll services in Estonia, allowing you to avoid the necessity of first establishing a branch office or subsidiary in Estonia.

It is not necessary to establish an entity in order to hire an employee. We can hire your employee in any country with a few mouse clicks. Using our Employer of Record solution, you can have full compliance, benefits, and automated payments.

If you wish to hire a remote team in Estonia or individually hire remote employees in Estonia, Rivermate’s global employer of record services will make sure that the process will be as seamless as possible for you.

Send us a message so we can talk about how Rivermate’s Employer of Record Estonia services can best help your company!

The cost of living in Estonia is $1019, which is 1.09 times the global average. Estonia ranks 59th out of 197 nations in terms of cost of living and 22nd in terms of quality of life.

In Estonia, the average after-tax wage is $1277, which is enough to pay living costs for 1.3 months.

The top industries where employers will want to hire remote employees from Estonia are the following:

- Energy sector: The oil shale industry

- Industrial sector: Machinery, engineering, textile, equipment, electronics, and chemicals

- Services sector: Transport (air and sea), telecommunications, and banking

According to recent statistics, the average internet speed in Estonia is 81 Mbps for fixed connections, and for mobile connections, it is 49.73 Mbps.

The address and name of the employee, as well as the start date and a detailed description of the job title, must be included in the Estonian work contract.

The trial term in an Estonian labor contract cannot exceed four months, and the employer must establish the notice time in a written letter during the trial period.

The Estonian labor contract will only be terminated if both parties agree.

Before being terminated or resigning from a job, the employee must request a 30-day notice.

Estonia's GDP is predicted to expand by 2.9% in 2021, and the figures are likely to rise further in 2022. Without a doubt, the COVID-19 epidemic impacted Estonia worse than its neighbors. With rigorous lockdowns and a recent surge in cases, the government's new laws will have a negative influence on the country's economic activities. However, as a result of technical improvements and increased internet access, the country's unemployment rate is predicted to fall, with new opportunities available for the millennial population.

- The Estonian government is presently working on increasing economic equality and adjusting to the digital revolution.

- According to a recent assessment, Estonia's information and technology industry is continually developing through digitizing government services. The government intends to boost productivity by using digital platforms and technology.

- Estonia is training persons with necessary skills by providing high-quality infrastructure that will benefit the country's small and medium-sized businesses.

- The country's aging population is one of the most visible setbacks and threats to its economic stability. As the number of retirees rises, the government must prepare for the essential pension alternatives to avoid old-age poverty.

- Estonia is doing well by closing the income gap with the assistance of advanced economies. Because the nation is classified as an advanced economy, employees here earn higher earnings, attracting immigrants from all over the globe.

- Since its independence, the country has welcomed different international investments and has become one of the world's fastest-growing economies. Supporting reforms, economic westernization, and various foreign capitals are propelling the nation. Skype is a prime example of Estonian premium innovation.

As of 2020, Estonian compensation laws require a minimum monthly wage of 584 EUR. However, many employees in the country earn at least 1,200 EUR per month. You must pay your employees at least once a month and withhold all payroll taxes at the source as an employer. Remember that a collective bargaining agreement (CBA) could change these laws, so check to see if your industry has an applicable agreement.