Palkkalaskelmat

Palkkalaskelma is a document issued by an employer for each pay period that summarizes an employee’s earnings and deductions. It serves as an itemized record of pay, taxes and social security contributions, and it shows how the gross salary becomes the net pay. In Finland, palkkalaskelmat are commonly provided monthly, but the exact frequency can depend on the employer’s payroll practices.

A typical palkkalaskelma includes several elements. Earnings or gross pay may consist of base salary, overtime pay, bonuses, allowances, and reimbursed expenses. Deductions cover income tax withheld according to the employee’s tax card, as well as statutory contributions such as pension (TyEL) and unemployment insurance, health insurance, and other required withholdings. The document also lists the pay period, payment date, and the net amount paid to the employee, along with employer and employee identifiers and sometimes a reference or payment method.

The palkkalaskelma is used for personal financial management, tax filing, and applying for loans or social benefits. Many employers provide electronic access to payslips through an internal system or payroll portal, while others may offer printed copies. Employees should review the payslip to verify accuracy of earnings and deductions and to ensure tax withholding aligns with their tax card.

Legal and practical considerations include confidentiality and proper retention for records. If an item is incorrect, the employee should contact the employer or payroll administrator to request a correction. Palkkalaskelmat are distinct from but closely related to related documents such as tax cards (verokortti) and annual wage statements, and they are an essential part of wage administration in Finland.