Enimmäiskorvausta

Enimmäiskorvausta refers to a concept in the Finnish employment market that limits the amount of compensation an employee can receive for redundancy or unemployment. The purpose of this concept is to prevent abuse of the unemployment insurance system by ensuring that employees do not receive excessive financial support.

Under the Finnish Unemployment Insurance Act, enimmäiskorvausta is set at a certain percentage of the employee's previous salary. This percentage is typically capped at a maximum level, such as 70% of the salary, to prevent employees from receiving overly generous compensation. The exact level of enimmäiskorvausta is determined by the Finnish Center for Economic Development, Transport, and the Environment (ETLA) based on inflation and other economic factors.

Enimmäiskorvausta applies to employees who are made redundant or become unemployed due to circumstances beyond their control. The compensation is typically paid out by the unemployment insurance companies, which are responsible for providing financial assistance to jobseekers. The amount of compensation an employee receives is based on their previous salary, and is typically calculated as a percentage of their last salary before being made redundant or becoming unemployed.

Overall, enimmäiskorvausta is an important tool for managing the Finnish unemployment insurance system, helping to prevent abuse and ensure that employees receive fair and reasonable compensation for loss of income due to unemployment or redundancy.