henkilöstörahaston

A henkilöstörahasto, often translated as an employee fund or personnel fund, is a Finnish concept related to employee compensation and ownership. It is a fund established by a company for the benefit of its employees. The primary purpose of a henkilöstörahasto is to distribute a portion of the company's profits to its employees, thereby fostering a sense of shared ownership and motivating staff.

Contributions to the fund are typically made by the employer, based on the company's financial performance. These contributions can be in the form of cash, shares, or other assets. Employees do not contribute to the fund themselves. The fund is managed by a board of trustees, which usually includes representatives from both the employer and the employees.

The benefits distributed from the henkilöstörahasto can take various forms. Employees may receive direct financial payments, or the fund might be used to invest in shared employee benefits such as training, recreational activities, or even company shares. The specific rules and regulations governing the establishment and operation of a henkilöstörahasto are outlined in Finnish law. This system aims to create a more equitable distribution of company success and enhance employee engagement.