Peruspalkkio

Peruspalkkio is a Finnish term that translates to "basic salary" or "base pay." It refers to the fixed, regular amount of money an employee receives for performing their job duties, before any additional allowances, bonuses, or overtime pay are added. This base amount is typically determined by factors such as the employee's skills, experience, the responsibilities of the role, and the prevailing market rates for similar positions.

The peruspalkkio forms the foundation of an employee's total compensation. It is usually paid on a monthly or bi-weekly basis. In many employment contracts and collective bargaining agreements, the peruspalkkio is clearly defined. It is distinct from other forms of remuneration that might fluctuate based on performance, hours worked, or specific achievements. While the peruspalkkio itself is generally stable, employers may periodically review and adjust it, often as part of annual salary reviews or in response to changes in the cost of living or the labor market.

Understanding the peruspalkkio is crucial for both employees and employers. For employees, it provides a predictable income stream. For employers, it is a key component in budgeting for labor costs and in structuring competitive compensation packages. It serves as the benchmark against which other financial components of remuneration are measured.