Payroll adminstration Helsinki

Payroll adminstration

• Payroll calculation: Computing each employee's gross pay including base salary, supplements (overtime, shift allowances) and fringe benefits in accordance with applicable collective agreements and employment contracts.
• Salary payments: Processing and executing payroll runs through banking connections, ensuring employees are paid accurately and on time.
• Payslip distribution: Delivering payslips to employees electronically, providing a clear breakdown of earnings, deductions, and net pay.
• Incomes Register reporting: Real-time reporting of payroll data to the Finnish Incomes Register (Tulorekisteri) in compliance with statutory deadlines.
• Tax filings: Calculating and reporting withholding taxes and employer health insurance contributions to the Finnish Tax Administration.
• Pension and insurance contributions: Administering and remitting statutory pension contributions (TyEL), unemployment insurance premiums, and occupational accident insurance payments.
• Holiday pay calculation: Computing annual leave pay and holiday compensation in accordance with the Annual Holidays Act (Vuosilomalaki).
• Sick leave and absences: Managing employee absences including sick leave, parental leave, and other statutory leave entitlements.