tasustamine

Tasustamine is the process and result of compensating individuals for labor, services, or performance. It covers financial rewards such as wages and salaries, bonuses and commissions, overtime pay, and non-financial rewards such as career development opportunities, recognition, and access to benefits. The primary purpose is to attract, motivate, and retain workers and to align individual incentives with organizational goals.

Key components include base pay, variable pay tied to performance, and employee benefits such as pension plans, health insurance, and paid leave, along with non-monetary rewards like flexible work arrangements, training opportunities, and public recognition. Remuneration systems use pay structures, job evaluation, and market benchmarking to set rates by role and level.

Effective tasustamine balances internal equity and external competitiveness, defining job families, pay grades, and incentive schemes while maintaining governance, transparency, and sustainability. Incentives may be short-term or long-term, monetary or non-monetary, and can be linked to individual, team, or organizational performance.

In Estonia and many countries, remuneration is regulated by labor law, tax rules, and anti-discrimination standards. Employers must comply with minimum wage protections and with rules on equal pay for equal work, while wages are subject to tax and social security contributions.

See also: remuneration, wage, salary, incentive, employee benefits, compensation management.