peruspalkkion

Peruspalkkio is a Finnish term that translates to "basic salary" or "base pay." It refers to the fixed amount of money an employee receives for performing their job duties, independent of any bonuses, overtime pay, or other performance-related incentives. This forms the foundational component of an employee's total remuneration package.

The peruspalkkio is typically determined through an employment contract or collective bargaining agreement. It takes into account factors such as the employee's role, responsibilities, experience, skills, and the general salary market for similar positions. In many Finnish workplaces, the peruspalkkio is reviewed periodically, often annually, and may be subject to increases based on inflation, company performance, or individual merit.

While the peruspalkkio provides a stable income, Finnish compensation structures often include additional elements. These can encompass performance bonuses, commissions, holiday pay, and other benefits that supplement the base salary. Understanding the peruspalkkio is crucial for employees to grasp their core earnings before considering any variable or additional compensation. It serves as the benchmark against which other compensation elements are often measured.