Työntekijäraha

Työntekijäraha, meaning employee money or employee fund, is a concept found in some Finnish collective bargaining agreements. It represents a portion of a company's profits or payroll that is allocated to employees. The specific terms and conditions of työntekijäraha are determined by individual collective agreements between employer organizations and trade unions.

The purpose of työntekijäraha is often to share the success of the company with its employees and to incentivize them to contribute to the company's profitability. The funds can be distributed in various ways, such as direct cash bonuses, contributions to employee savings accounts, or investments in employee development programs. The exact distribution method and the criteria for eligibility are typically outlined in the relevant collective agreement.

The implementation and management of työntekijäraha can vary significantly. Some agreements might have a fixed percentage of profits or payroll allocated, while others may link the amount to the company's financial performance or specific productivity targets. There can also be different eligibility rules based on factors like employment duration or job role. The administration of these funds is usually handled by the employer, often in consultation with employee representatives or a designated committee. Työntekijäraha is a mechanism that can foster a sense of shared ownership and reward employee contributions within the Finnish labor market.