Finland’s minimum wage in 2022 has been increased with updates made in 2021. The amount of the minimum wage in Finland is 2600 dollars. Individuals working with a military salary in Finland receive 2600 dollars. Although the unit set for the minimum wage is mostly in dollars, there are many people earning in euros as well. The currency in which payments are made varies depending on the field of work, the job performed, and the employer providing the employment. The minimum wage in Finland is sufficient for most people, although there are professions that earn more than the specified wage.
How Much Are Teacher Salaries in Finland?
Teacher salaries in Finland can vary monthly and hourly. The lowest monthly salary given to teachers in Finland is 1750 Euros, while the highest is 6000 Euros. Payments vary according to working hours and other conditions. The average salary for individuals working as teachers in Finland is considered to be around 3000 Euros per month. This salary, which is above the minimum wage, includes the average given to many teachers.
How Much Are Salaries in Finland?
Salaries in Finland vary independently of the minimum wage. The lowest salary given to workers in Finland is mostly set as the minimum wage. However, businesses and different institutions employing individuals can also set different pricing. In this case, it is possible to say that salaries in Finland mostly range from 4,000 to 5,000 Euros.
How Much Is the Hourly Wage in Finland?
The hourly wage in Finland is determined based on allowances like the minimum wage. Individuals receiving hourly wages in Finland generally start at 12 euros and can encounter hourly wages rising up to 30 euros. The hourly wages may vary depending on the sector worked and the job performed. When calculating the hourly minimum wage in Finland, a result of around 13 to 14 Euros is encountered. Therefore, those earning income based on hourly wages can find a minimum of 12 Euros and a maximum of 30 euros. The amount of payment a person receives will also vary depending on the hours worked. The minimum wage in Finland is recorded that individuals working under these conditions work 160 hours per month.
What Is the Salary Increase Rate Based on Education Level?
Finland is among the countries that provide salary increases based on education level. In Finland, salary increases throughout the year can be determined based on the education levels of individuals wishing to work. This situation, which is not valid for every place, has been accepted by various companies and institutions in Finland. The increases in salaries determined based on education level can be listed as follows:
- For high school graduation and vocational qualification certificates, the increase is 15 to 17%
- For bachelor’s degree graduation, the increase is 23 to 25%
- For master’s degree, the increase is 26 to 30%
Additionally, salary percentage increases can also be made based on experience duration, not just education. For example, the percentage increase for a person with 2 years of experience is not the same as the percentage increase for someone who has been working for 20 years.
How Much Are Salaries Based on Professions in Finland?
Average salaries based on professions in Finland are determined by the profession, experience, working duration, and education of the individual. Different criteria play a leading role in determining the salary issue. Some jobs in Finland and their average salaries can be listed as follows:
- Workers earn an average of 3200 Euros per month.
- Nurses earn an average of 4500 Euros per month.
- Engineers earn an average of 4000 Euros per month.
- Doctors earn an average of 10000 Euros per month.
- Individuals working in the tourism sector earn an average of 5000 Euros.
- Individuals working in the food sector earn an average of 5000 Euros.
- Individuals working in the education field earn an average of 7000 Euros.
Average monthly salaries and professions independent of the minimum wage in Finland can be exemplified in this way.
Also See: Finland Residence Permit: Finland Start Permit Application
