Payroll & employer services
We calculate holiday pay, holiday bonuses, sick pay and the final pay when employment ends. The amounts follow the law and the collective agreement.
Holidays, sick pay and final pay
The Annual Holidays Act (vuosilomalaki) sets out how employees accrue holiday and how holiday pay is calculated. The method depends, for example, on whether the employee is paid monthly or hourly. Holiday bonus is usually based on the collective agreement (TES).
Sick pay is governed by the Employment Contracts Act (työsopimuslaki), and many collective agreements provide longer paid periods than the law. The employer can claim reimbursement of sick pay from Kela (the Social Insurance Institution of Finland) when an illness continues for a longer time.
Final pay is paid when the employment ends. It includes pay for the last period, compensation for untaken holiday and any other amounts falling due.
Who is the service for? For employers who want holidays, absences and final pay handled in line with the law and the collective agreement.
The service includes
Your part
Questions
Holiday pay is paid for the time on holiday. Holiday compensation is paid for untaken holiday, usually when the employment ends.
Holiday bonus is not based on law but usually on a collective agreement or the employment contract. We check what applies to your company.
Booking
Book a phone call, a video call or a meeting at our office. We'll go through with you what the service means for your business.
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