The payroll calculator is an excellent tool when hiring an employee. The calculator shows you how much hiring an employee or giving a pay raise costs you and gives you insight into the additional employer costs that you need to pay in addition to the salary. The payroll calculator uses the data for the current year.
Fill in the employee's information
Due gross pay to the employee
Gross income: 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.
Costs to be withheld from salary
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.