An overview of Finland’s job market and the problems faced by employers while hiring

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A strong work-life balance, open and direct communication channels, and flat hierarchies are just a few factors that make Finland an excellent place to work. That the country was the World’s top 10 most innovative countries (according to Global Innovation Index, 2022) along with the World’s top 3 most stable society (according to Fragile States Index, 2022) and the World’s happiest country (according to The World Happiness Report, 2023) enhanced its attraction quotient for professionals across the world.  

Finland also scores well due to its strong job market that offers plenty of opportunities across industries – from tech and consumer brands to travel and circular economy. Since the government of Prime Minister Sanna Marin aims to make the country become carbon-neutral by 2035, increased focus is laid on the groundwork. This involves hiring professionals to create and test solutions in wood-based bioplastics, renewable energy, nutrient recycling, and more to help Finland become the world’s first country to go carbon-negative.

In-Demand Jobs in Finland

International talent in the field of technology is highly sought after in Finland and several companies offer additional perks and benefits to attract top candidates. But it’s not just the country’s tech sector that’s hiring. Companies in health technology, bioeconomy, construction, manufacturing, cybersecurity, electronics, and many other fields also heavily recruit talent from abroad and within the country.

If Finland’s local recruitment agencies are to be believed, the country’s most popular occupations in 2023 are in the fields of information technology, manufacturing, healthcare, construction, agriculture, and education. In the next 10 years, it’s anticipated that the most popular professions in the country, which will record significant employment growth, will be observed in information technology, mining, finance and insurance, and wholesale and retail.

Lack of Skilled Professionals – A Worrying Factor

A worrying factor for employers in Finland is the lack of skilled workers and professional workers. In Uusimaa, Finland’s most populous region that includes Helsinki, the capital, unfilled vacancies went up from 25% in 2019 to almost 60% in 2022.

The lack of professional workers was highlighted by the Confederation of Finnish Industries and Employers’ economic barometer. Many employers are worried about the skills shortage and unavailability of professional workers, which they believe will inhibit their growth.

Skill updation as part of talent development of the existing workforce is another area of concern. For instance, the rapidly growing Uusimaa IT sector has a high demand for competent workers. However, the employees already working in the IT sector will need to update their skills to become eligible for such open roles.

Why Partnering with a Headhunter in Finland Can Pay You Rich Dividends

In August 2022, employment statistics from Finland’s Ministry of Economic Affairs and Employment showed that most vacancies were for salespersons, sales representatives, warehouse workers, restaurant and catering staff, and freight handlers.

The shortage of competent professionals was also felt in the tech, social care, and healthcare sectors. For employers, this means a vacant or newly created post will remain vacant because the right fit isn’t found. If your company is also struggling with its hiring due to the shortage of skilled workers and professional workers, it’s time to bring in an experienced headhunter.

If you are an employer looking to hire C-level executives, it’s another reason to join hands with a recruiting partner. Since competition to get the right talent is fierce at the executive level, finding and getting the crème de la crème on board could be challenging on your own. An experienced headhunter can leverage industry networks and other resources to help you reach both active and passive candidates, thus widening your talent pool to choose from.

At InHunt World, We have 310 headhunters in 29 countries spread across 37 offices. We use cutting-edge technology to source, screen, and identify the right candidates for you. From a CFO to a sales director and more, our executive search services in Finland can help you find and hire the right talent who will help your business grow and thrive. 

For seamless C-suite hiring in Finland, reach us today!

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