Payroll calculator

Total hourly wage: Number of hours worked multiplied by the hourly wage.

Holiday compensation: The percentage is based on the Annual Holidays Act. The holiday pay used in the calculator is 9 %. Check the correct percentage from the Annual Holidays Act and the collective agreement for the sector in question.

Health insurance contribution: The employer’s health insurance contribution is 1.53 % in 2023. The contribution is remitted to the Tax Administration.

Earnings-related pension contribution: The basic TyEL contribution for small contract employers is 25.55 %. TyEL contribution for temporary employer is 26.20 %. The employee’s share of the pension contribution is 7.15 % or 8.65 % for persons aged 53–62 years, the rest is the employer’s share.

Unemployment insurance contribution: The calculator uses the small employer’s unemployment insurance contribution, 0.52 % (2023). Paid to the Unemployment Insurance Fund.

Accident insurance contribution: The calculator uses the average accident insurance contribution 0.70 % (2023). Check the size of the contribution from your own insurance company.

Group life insurance: Average 0.06 % (2023). The accident insurance company collects the contribution in conjunction with the accident insurance contribution.

Earnings-related pension contribution: The employee’s share is 7.15 % for persons aged 17–52 and 63–68. The share for persons of 53–62 of age is 8.65 %. The contribution is deducted from the pay and paid to Ilmarinen together with the employer’s contribution.

Unemployment insurance contribution: The employee’s contribution is 1.50 % in 2023. Paid to the Unemployment Insurance Fund.

Tax on income: The percentage on the employee’s tax card. Paid to the Tax Administration.