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Results for “salary guide”
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- Glossary
Palkka (salary)
Finnish term for salary or wages; understanding salary structures and payment practices in Finland.
Palkka means salary or wages in Finnish. Understanding how salaries work in Finland is essential for anyone working in the country. Detailed explanation Finnish...
- Glossary
ALV (VAT): Finnish value-added tax guide
Value-added tax in Finland; often shown on invoices and receipts.
ALV (arvonlisävero) is Finland's value-added tax (VAT), a consumption tax added to most goods and services sold in the country. Detailed explanation...
- Glossary
Ansiosidonnainen: earnings-related unemployment allowance
Finland's highest unemployment benefit tier, paying 50-70% of previous salary to qualified unemployment fund members.
...replaces a significant portion of your previous salary when you become unemployed. 2026 reform: The general social security benefit (yleistuki) that replaced Kela's basic unemployment allowance and...
- Glossary
Ennakonpidätys: tax withholding
Tax withheld from your salary by your employer before you receive payment in Finland.
...income tax that your employer deducts from your salary before paying you, based on your tax card rates. Detailed explanation Finland operates on a pay-as-you-earn (PAYE) tax system, where taxes are...
- Glossary
Työsopimus: employment contract
Legal agreement between employee and employer in Finland defining job duties, salary, working hours, and terms.
...document defines your rights, responsibilities, salary, working hours, and other key conditions of employment. Detailed explanation In Finland, an employment contract can technically be oral,...
- Glossary
Veroprosentti: tax rate
Your personal tax percentage in Finland, determining how much income tax is withheld from your salary.
...how much income tax is withheld from your salary or other taxable income in Finland. Detailed explanation In Finland, your veroprosentti is not a single flat rate but consists of multiple...
- Glossary
Ennakkoperintä (Tax Withholding)
Finland's system of prepaying taxes through salary withholding, ensuring taxes are collected throughout the year rather than in a lump sum.
...tax in advance through deductions from your salary, pension, or other income throughout the year. The closely related term ennakonpidätys refers specifically to the withholding deduction from...
- Glossary
Gradunohjaaja: thesis supervisor
The academic supervisor assigned to guide master's thesis (gradu) work at Finnish universities.
...specifically the academic staff member who guides a student through their master's thesis (pro gradu -tutkielma, commonly called "gradu"). The supervisor provides methodological guidance,...
- Glossary
Palkankorotus: pay raise
How salary increases work in Finland, including collective agreement raises and individual negotiations.
Palkankorotus means pay raise or salary increase in Finnish. In Finland, pay raises come through two main channels: collective agreement negotiations at the industry level and...
- Glossary
Pankkitili (bank account)
Finnish bank account; essential for receiving salary and managing finances in Finland.
...as it serves as the foundation for receiving salary, paying bills, and accessing critical digital services through strong authentication. Detailed explanation Finnish society operates largely...
- Glossary
Payslip (palkkalaskelma)
A breakdown of your salary, deductions, and payments for a pay period.
A payslip (palkkalaskelma) shows how your salary was calculated for a pay period, including deductions (tax, pension, etc.). Detailed explanation Every time you receive your salary, your...
- Glossary
A-kassa (Unemployment fund)
An unemployment fund you can join to potentially receive earnings-related unemployment allowance.
...allowance is calculated based on your previous salary, typically replacing about 50-70% of your former income up to a certain cap. To qualify for earnings-related benefits, you must have been a...
- Glossary
Employment contract (työsopimus)
Your agreement with an employer covering duties, pay, working time, and key terms.
...should clearly state your job title and duties, salary, working hours, workplace location, and whether the position is permanent (toistaiseksi voimassa oleva) or fixed-term (maaraaikainen)....
- Glossary
Holiday bonus pay in Finland (lomaraha)
Holiday bonus pay (lomaraha) in Finland: usually 50% of your holiday pay, set by your collective agreement, not by law. Who gets it, when it is paid and that it is taxed as wages.
...of your holiday pay, paid on top of your normal salary. It comes from your collective agreement or employment contract, not from the Annual Holidays Act. Detailed explanation The holiday bonus, also...
- Glossary
Finnish terms glossary: essential vocabulary for expats
Finnish terms, abbreviations, and concepts for expats working and living in Finland. From Kela to HETU, understand it all.
...Irtisanomisaika Trade Union: Ammattiliitto Salary & benefits Understanding your compensation: Palkka: Salary/wages Payslip: Palkkalaskelma Holiday Pay: Lomaraha Annual Leave: Vuosiloma...
- Glossary
Irtisanomisaika: notice period
Required time between giving notice and employment ending in Finland, protecting both employees and employers.
...gets time to find new work while still receiving salary, and the employer gets time to find a replacement and arrange for knowledge transfer. During the notice period, employment continues normally -...
- Glossary
Kehityskeskustelu: development discussion
The annual structured conversation between employee and manager in Finland, covering performance, goals, and career development.
...While not all development discussions include salary negotiation, many employees use this occasion to discuss their pay situation, especially if they have taken on new responsibilities or exceeded...
- Glossary
Peruspäiväraha: former basic unemployment allowance
Peruspäiväraha was a flat-rate unemployment benefit from Kela. It ended on 30 April 2026 and was replaced by the general social security benefit (yleistuki).
...by an unemployment fund based on your previous salary Työmarkkinatuki (Labor Market Subsidy): The other former benefit that yleistuki replaced
- Glossary
Tax card (verokortti)
Shows your withholding rate; your employer uses it to withhold the correct tax.
...deduct the correct amount of income tax from your salary each pay period. Detailed explanation The Finnish tax system operates on a pay-as-you-earn basis, meaning taxes are withheld from your salary...
- Glossary
Työttömyysturva: unemployment benefit
Finland's unemployment protection system providing financial support during job searches through various benefit types.
...This pays approximately 50-70% of your previous salary. This benefit was not changed by the 2026 reform. 2. Yleistuki (general social security benefit): A means-tested benefit from Kela for...