Finnish workers earn €4,000 per month on average

The average earnings for a full-time employee in Finland stood at €4,007 last year, according to new data from Statistics Finland.

The average earnings for a full-time employee in Finland stood at €4,007 last year, according to new data from Statistics Finland.

In 2023, the median monthly earnings for full-time wage and salary earners in Finland stood at €3,564, while the highest-earning ten per cent earned €5,972 per month, on average.

Among the top earners, women earned at least €5,220, and men earned at least €6,586 per month.

Among the lowest-earning ten per cent of the population, employees earned no more than €2,483 on a monthly basis. The lowest-earning women in full-time employment earned up to €2,396, while the lowest-earning men earned up to €2,651, according to the data.

The figures reflect total monthly earnings, which include regular pay, bonuses, benefits, and overtime compensation, but exclude holiday and performance-based bonuses. Read more here.

Combined statistics

Statistics Finland recently noted that from 2025, it will combine the statistics on wages and salaries into the structure of earnings statistics. Previously, wage and salary data has been published in five different sets of statistics.

“The coverage of the statistics improves when data are obtained from the Incomes Register on small enterprises with fewer than five employees from which wage and salary data have not earlier been available at all,” commented senior statistician Hanna Jokimäki.

Future structure of earnings statistics will include more detailed data by occupation, level of education, and industry. Earnings data will also be categorised by regular working hours and the form of remuneration. Gender pay differentials will still be available, and with the inclusion of small enterprises, the ability to assess pay gaps across all wage earners will improve, according to the statistics body.

“The aim is to publish more detailed data by occupational group, level of education and field of activity in the structure of earnings statistics. We will also produce earnings for regular working hours and data specified by form of remuneration.” Read more here.

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