We are currently developing the documentation of statistics. At the moment, the content is not necessarily up-to-date in all respects.
Personnel funds: documentation of statistics
The documentation of the statistics describes how the statistics were compiled and what methods were used in the compilation. The data help interpret the figures of the statistics and evaluate their reliability and comparability. The quality report is based on the EU's SIMS model. The documentation also contains change releases describing changes in the statistics and possible specifying methodological descriptions.
If you are looking for statistical figures for these statistics, go to the statistics page: Personnel funds
Quality report
Data description (SIMS 3.1)
The statistics have been discontinued. The review of personnel funds contains the closing accounts, including notes to the accounts, of the personnel funds included in the Ministry of Labour´s register of personnel funds.
Concepts and definitions (SIMS 3.4)
Other personnel fund capital
The personnel fund's equity comprises the members' capital and other fund capital. Other fund capital includes the fund's joint capital and any donations made to the fund. Any profits or losses made by the fund may be added to the members' capital and other fund capital in the manner described in section 22 in the Act on Personnel Funds (814/1989).
Personnel fund
A personnel fund is a fund owned and controlled by a company's or agency's personnel and is intended to function as a rewarding mechanism for the personnel and thereby improve the personnel's work motivation and promote the company's success and competitiveness. The task of the personnel fund is to manage the profit bonus items and other assets referred to in the Act on Personnel Funds (814/1989) and paid to it by that company or agency as well as to pay out the members' shares of the fund.
Personnel fund's joint capital
The fund's by-laws may provide for part of the profit bonus items and the fund profit to be transferred to the fund's joint capital to be used for educational and other purposes for the benefit of the members. A transfer provision applies equally to shares in profit bonuses earned by persons who have become members of the personnel fund under section 14a in the Act on Personnel Funds (814/1989). The fund's by-laws may restrict a member's right to avail himself of membership benefits that have been acquired through the employment of the fund's joint capital, if he exercises his right under section 17a to withdraw his profit bonus share in cash.
Personnel fund's members' capital
The personnel fund's equity comprises the members' capital and other fund capital. The members' capital includes the capital that is added to the members' fund units and any revaluations that have been made in investment of this capital. Any profits or losses made by the fund may be added to the members' capital and other fund capital in the manner described in section 22 in the Act on Personnel Funds (814/1989).
Profit bonus item
Under the Act on Personnel Funds (814/1989), a "profit bonus item" is a sum of money which is substantially determined in a company from the operating profit according to an income statement or comparable internal accounting calculation, plus depreciation, or from an item after that calculation, indicating the profitability of operations and possibly from other indicators of the company's operating efficiency, and in a government agency from bonuses in accordance with its bonus system.
Institutional mandate (SIMS 6)
The compilation of statistics is guided by the Statistics Act. The Statistics Act contains provisions on collection of data, processing of data and the obligation to provide data. Besides the Statistics Act, the General Data Protection Regulation, the Data Protection Act and the Act on the Openness of Government Activities are applied to processing of data when producing statistics.
Statistics Finland compiles statistics in line with the EU’s regulations applicable to statistics, which steer the statistical agencies of all EU Member States.
Further information: Statistical legislation
Quality assurance (SIMS 11.1)
Quality management requires comprehensive guidance of activities. The European Statistics Code of Practice forms the basis for the common quality system of the European Statistical System.
The Code of Practice is based on 16 principles that concern statistical authorities' independence, accountability and the quality of the processes and data to be published.
The principles are in line with the Fundamental Principles of Official Statistics approved by the United Nations Statistics Commission and are supplementary to them. The quality criteria of Official Statistics of Finland are compatible with the European Statistics Code of Practice.
Further information:
Release calendar (SIMS 8.1)
Statistics Finland publishes new statistical data at 8 am on weekdays in its web service. The release times of statistics are given in advance in the release calendar available in the web service. The data become public after they have been updated in the web service.
Further information: Publication principles for statistics at Statistics Finland
User access (SIMS 8.3)
The data are released to all users at the same time. Statistical data may be processed at Statistics Finland and information on them may be given before release only by persons involved in the production of the statistics concerned or who need the data of the statistics concerned in their own work before the data are published.
Further information: Publication principles for statistics
Unless otherwise specifically stated in connection with the product, data or service concerned, Statistics Finland is the producer and copyright owner of the data.
Further information: The terms of use for statistical data
Confidentiality - policy (SIMS 7.1)
The data protection of data collected for statistical purposes is guaranteed. The compilation of statistics is guided by the Statistics Act. Alongside the Statistics Act, the EU’s General Data Protection Regulation (eur-lex.europa.eu) and the Finnish Data Protection Act (Finlex.fi) are applied to the processing of personal data. Provisions on the confidentiality of data collected for statistical purposes are laid down in the Act on the Openness of Government Activities (Finlex.fi).
The data are processed only by persons who need the data in their work. The use of data is restricted by usage rights. All persons employed by Statistics Finland have signed a pledge of secrecy, where they have obliged to keep secret the data prescribed as confidential by virtue of the Statistics Act or the Act on the Openness of Government Activities.
Further information: Data protection