Payroll calculator

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

Age

Summary

Employer's total costs
0,00

The employer costs vary depending on the sector and the company size. The percentages presented as default values are averages. Check the final percentages and contributions from the tax authority, your insurance company and the collective agreement for the sector in question.

Employer's contribution

Due gross pay to the employee

Total hourly wage
0,00
Holiday compensation
0,00

Total gross pay

0,00

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 per cent. Check the correct percentage from the Annual Holidays Act and the collective agreement for the sector in question.

Employer's costs

Health insurance contribution
0,00
Earnings-related pension contribution
0,00
Unemployment insurance contribution
0,00
Accident insurance contribution
0,00
Group life insurance
0,00

Total incidental costs

0,00

Health insurance contribution: The employer’s health insurance contribution is 1.53% in 2021. The contribution is remitted to the Tax Administration.

Earnings-related pension contribution: The basic contribution percentage is 24.8 per cent. 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, 0.50% (2021). Paid to the Unemployment Insurance Fund.

Accident insurance contribution: The calculator uses the average accident insurance contribution 0.70% (2021). Check the size of the contribution from your own insurance company.

Group life insurance: Average 0.07% (2021). The accident insurance company collects the contribution in conjunction with the accident insurance contribution.

Employee's contribution

Costs to be withheld from salary

Earnings-related pension contribution
0,00
Unemployment insurance contribution
0,00
Tax on income
0,00

Amount to be paid to the employee

0,00

Earnings-related pension contribution: The employee’s share is 7.15 per cent 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 1.40% in 2021. Paid to the Unemployment Insurance Fund.

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