Estonia

Last Update by Katie, 20 Aug 2024

You must log in to be able to download this document

Exchange Rate

18 Sep 2024

 

Cost of Living

Indicative value for a working adult in a city: Tallinn

Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff

Living Requirement Indicative Amount (EUR)
McDonalds Set Meal 8.00
Monthly Train and Bus Tickets 30.00
3 Bedrooms Rental (City Center) 1,073
3 Bedrooms Rental (Outskirt) 792

Current Inflation Rate

3.9%

Wage

Minimum Wages

  • 820 EUR per month

Median Salary

Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.

Job Level Monthly Salary (EUR)
Entry-Level
Fresh Graduate
940
Mid-Level
5 Years
1,000
Experienced & Managerial Level
10 Years
1,500
Specialized & Senior-Level
15 Years
2,300

Annual Salary Growth

9%

Statutory Contribution

Country Level

Type Employer Rates Employee Rates Notes
Social Tax
(Pension insurance and Health insurance)
33%
20% Health Insurance
13% Pension Insurance
- All staff
Minimum social tax obligation is 725 EUR
Unemployment insurance 0.8% 1.6% All staff
Rate valid from January 1, 2015 31st December 2027
Funded pension - 2% Mandatory for all resident staff born after 31 December 1982

Other Benefit

Other common employment benefits in Estonia include:

  • Fitness allowance: 100 EUR / quarter
  • Home-work travel allowance: Around 30 EUR /month
  • Contributions to the 3rd pension pillar: Maximum 15% gross salary

Income Tax

Residents

  • Tax period: 1st January - 31st December
    Filing Due Date: 30th April the following year
  • Flat rate: 20%

Non-residents

  • Flat rate of 20% same as residents

Working Hours

Statutory

40 hours
8 hours a day , 5 days a week

Typical practice

40 hours
Monday - Friday

Overtime

Maximum 200 overtime hours per year

  • Time off/ overtime payment : 150% salary

Employment Contract

Permanent

Contract Format

In writing, in Estonian and signed by both parties (by hand or digitally)

Payroll Currency

EUR

Probation

Up to 4 months

Contract Period

No minimum duration

Termination

  • Notice during probation for staff and employers:
    - 15 calendar days
  • Voluntary resignation:
    - 30 days in writing with reasons
  • Involuntary termination:
    - Under 1 year service:15 calendar days
    - 1-5 years' service: 30 calendar days
    - 5-10 years' service: 60 calendar days
    - 10 or more years' service: 90 calendar days
  • Severance:
    - Dismissal due to redundancy and collective economic lay offs
    - Up to 5 years' service: 1 month average salary
    - 5-10 years' service: 2 months average salary
    - Over 10 years' service: 3 months average salary

Public Holiday

12 days

Country Level

Date Name
01 Jan New Year's Day
24 Feb Independence Day
29 Mar Good Friday
31 Mar Easter
01 May Spring Day
19 May Whit Sunday
23 Jun Victory Day
24 Jun Midsummer Day
20 Aug Restoration Independence Day
24 Dec Christmas Eve
25 Dec - 26 Dec Christmas Day

Leave

Leave Type Entitlement Notes
Annual Leave 28 calendar days All staff with 6 month's service
Sick Leave 182 days
240 days for tuberculosis
All staff who are sick or have a sick family member insured under the Health Insurance Fund
Maternity Leave 100 calendar days All expectant mothers
Paternity Leave 30 calendar days All expectant fathers, until the child turns 3
Shared Parental Leave 475 calendar days shared between parents All staff until the child turns 3, both parents can take leave together
Adoption Leave 70 calendar days All staff adopting a child under 18
Child Leave 10 working days per year, per parent for each child All staff until the child reaches 14
Study Leave Up to 30 calendar days per year All staff

Reference

Ready To Expand in Estonia?

Have any questions? We’d love to hear from you

Contact Us