lisäedun

Lisäetu is a Finnish term that translates to "additional benefit" or "fringe benefit." It refers to any advantage or compensation provided by an employer to an employee beyond their regular salary or wages. These benefits are often non-monetary and are designed to enhance employee well-being, attract and retain talent, and improve overall job satisfaction.

Common examples of lisäetu include health insurance, dental care, paid time off beyond the statutory minimum, retirement plan contributions, company cars, subsidized meals, fitness center memberships, and professional development opportunities. The specific types and extent of additional benefits can vary significantly between employers and industries.

In Finland, certain additional benefits may be subject to taxation, depending on their nature and value. Employers are typically responsible for reporting these benefits to the tax authorities. Employees may also need to declare certain benefits as taxable income. The purpose of these benefits is to create a more comprehensive compensation package that goes beyond the basic salary, making the employment more attractive and supporting the employee's overall welfare. The provision of lisäetu is a common practice in many Finnish workplaces, reflecting a broader trend in employee compensation globally.