Palgamaksed

Palgamaksed are the monetary remuneration paid to an employee for work performed. In Estonian usage, they refer to the wage or salary payments that a employer transfers to an employee in exchange for labour, typically on a monthly basis. Palgamaksed can include the base wage, overtime pay, bonuses, allowances, and other forms of compensation that form part of remuneration. Reimbursements for approved work-related expenses are generally not considered palgamaksed, though some allowances may be treated as wage components depending on the contract and taxation rules.

Calculation and deductions typically involve a gross amount from which statutory deductions are made. In Estonia, the employer withholds income tax and social security contributions at source, and may also handle unemployment insurance as required by law. The net amount is paid to the employee, usually by bank transfer. A payslip or wage statement is commonly provided, detailing gross pay, each deduction, and the net pay.

Payment timing and records are governed by the employment contract and applicable law. Wages are paid at least monthly, on a date agreed in the contract or by means set out in law; if not specified, a regular monthly schedule applies. Employers maintain payroll records and must provide employees with access to their wage information.

Legal framework and enforcement: Palgamaksed fall under the Estonian employment law framework, including the employment contracts act and tax legislation. Employers are obliged to pay wages promptly and accurately. Late payments may grant the employee the right to interest or other remedies under the law, and supervisory bodies such as the Tax and Customs Board and the Labour Inspectorate oversee compliance.