Tasumisperiood

Tasumisperiood, or pay period, is the time interval during which an employer calculates wages for employees and subsequently makes payment. The period may correspond to a calendar month or a shorter interval such as weekly or biweekly, and it is typically defined in the employment contract, a collective agreement, or by company policy. The length and structure of the tasumisperiood determine which days and earnings are included in each payment and influence the scheduling of payroll runs and payslips.

During a tasumisperiood, employees usually accumulate earnings such as base wages, overtime, bonuses, and allowances, while deductions such as taxes, social security contributions, and any other withholdings are applied. The amount paid for the period is often pro-rated if an employee starts mid-period or ends employment before it ends. Timekeeping records, attendance data, and contract terms provide the basis for calculating the period's gross pay and net pay.

In practice, the tasumisperiood is linked to payroll processing dates: the end of the period is when wages are calculated and a payslip is generated, followed by a payment date. The concept supports payroll transparency and compliance with wage laws, ensuring employees are paid for the work performed during that interval. Jurisdiction-specific rules may dictate minimum pay frequency, how bonuses or overtime are treated within a period, and how final pay is handled on termination.