HOME BROWSE SALARIES ARTICLES BEST PAYING JOBS SUBMIT SALARY
Browse Salaries
Best Paying Jobs
Articles
Submit Salary
Salary Increase Letters

Executive and Management Average Salaries in Finland 2024

How much money does a person working in Executive and Management make in Finland?


Average Monthly Salary
6,400 EUR
( 76,800 EUR yearly)

LOW
2,090
EUR
AVERAGE
6,400
EUR
HIGH
10,500
EUR
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working in Executive and Management in Finland typically earns around 6,400 EUR. Salaries range from 2,090 EUR (lowest average) to 10,500 EUR (highest average, actual maximum salary is higher).


Salary Variance

The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Executive and Management domain in Finland exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.

Salaries for specific jobs

Job TitleAverage Salary
Executive and Management
Account Coordinator4,460 EUR
Account Director5,180 EUR
Account Executive5,440 EUR
Account Manager5,100 EUR
Administration Manager5,010 EUR
Administration Officer2,600 EUR
Administration Supervisor4,370 EUR
Administrative Clerk1,950 EUR
Administrative Officer2,040 EUR
Area Director4,980 EUR
Area Manager4,990 EUR
Asset Protection Associate5,320 EUR
Assistant Director5,310 EUR
Assistant General Manager5,430 EUR
Assistant Manager5,570 EUR
Assistant Managing Director6,400 EUR
Assistant Operations Manager5,900 EUR
Assistant Project Manager5,430 EUR
Assistant Section Head4,270 EUR
Assistant to CEO4,750 EUR
Assistant Vice President5,440 EUR
Associate Account Director5,400 EUR
Associate Director5,580 EUR
Bid Manager6,070 EUR
Branch Manager6,050 EUR
Business Development Manager6,380 EUR
Business Operations Associate5,160 EUR
Business Operations Lead5,720 EUR
Campaign Manager6,080 EUR
Catering Coordinator3,180 EUR
Catering Manager5,280 EUR
CEO10,600 EUR
Chairman of The Board10,100 EUR
Chairman Office Manager6,490 EUR
Chief Commercial Officer7,410 EUR
Chief Corporate Officer8,650 EUR
Chief Digital Officer6,840 EUR
Chief Digital Strategy Officer7,500 EUR
Chief Digital Transformation Officer6,830 EUR
Chief Ethics Officer6,500 EUR
Chief Executive Officer10,300 EUR
Chief Financial Officer9,770 EUR
Chief Investment Officer7,620 EUR
Chief of Staff4,950 EUR
Chief Operating Officer7,520 EUR
Chief Privacy Officer6,220 EUR
Chief Resilience Officer7,820 EUR
Chief Risk Officer6,690 EUR
Chief Strategy Officer8,060 EUR
Chief Trust and Safety Officer6,460 EUR
Client Account Manager6,130 EUR
Client Accounts Officer5,020 EUR
Client Services Manager6,720 EUR
Commercial Director6,780 EUR
Commercial Manager5,990 EUR
Commercial Project Manager5,340 EUR
Commodity Broker4,320 EUR
COO7,740 EUR
Corporate Affairs Executive6,250 EUR
Corporate Compliance Director6,340 EUR
Corporate Director7,170 EUR
Corporate Officer4,900 EUR
Corporate Partnerships Officer4,950 EUR
Country Manager8,110 EUR
Department Head6,370 EUR
Department Manager6,200 EUR
Department Supervisor5,210 EUR
Deputy Director7,210 EUR
Deputy Manager7,100 EUR
Director8,160 EUR
Director of Accreditation6,580 EUR
Director of Catering Services6,360 EUR
Director of Client Services6,250 EUR
Director of Facilities Management5,670 EUR
Director of Operations6,910 EUR
Director of Process Simplification5,200 EUR
Director of Product Management7,020 EUR
Director of Project Management7,380 EUR
Director of Revenue Management6,200 EUR
Director of Training and Development6,300 EUR
Distribution Manager7,250 EUR
Division Manager6,100 EUR
Duty Manager6,110 EUR
Engagement Manager7,470 EUR
Executive Director10,200 EUR
Executive Manager8,470 EUR
Franchise Manager8,360 EUR
General Manager7,820 EUR
Generational Consultant5,380 EUR
Global Master Data Manager6,850 EUR
Global Technical Lead4,640 EUR
Head of Investment6,970 EUR
Head of Middle Office6,620 EUR
Head of Projects7,080 EUR
Head of Strategy7,550 EUR
Head of Supply Chain5,980 EUR
Head of Sustainability5,910 EUR
Housing Manager5,450 EUR
HSE Manager5,700 EUR
Innovation Manager5,520 EUR
Key Account Manager5,720 EUR
Knowledge Manager6,310 EUR
Location Manager6,450 EUR
Logistics Executive5,310 EUR
Logistics Manager5,220 EUR
Management Consultant5,160 EUR
Management Executive7,140 EUR
Manager6,530 EUR
Managing Director8,420 EUR
MIS Executive6,490 EUR
Ocean Services Manager6,840 EUR
Online Business Manager9,250 EUR
Operational Manager7,380 EUR
Operations Analyst5,830 EUR
Operations Assistant5,050 EUR
Operations Director7,880 EUR
Operations Executive7,350 EUR
Operations Manager7,850 EUR
Operations Supervisor6,150 EUR
Planning Director7,230 EUR
PMO Manager6,110 EUR
Policy Administration Executive5,830 EUR
Private Sector Executive5,950 EUR
Product Development Manager6,790 EUR
Product Executive6,170 EUR
Production Executive6,710 EUR
Production Manager6,610 EUR
Production Supervisor5,680 EUR
Program Director7,250 EUR
Program Manager7,160 EUR
Programme Coordinator4,680 EUR
Project Control Manager7,360 EUR
Project Coordinator4,010 EUR
Project Management Officer4,760 EUR
Project Manager5,360 EUR
Project Portfolio Manager5,230 EUR
Quality Manager5,630 EUR
R/D Director6,140 EUR
Regional Director9,320 EUR
Regional Manager7,020 EUR
Relationship Manager6,540 EUR
Retail District Manager5,060 EUR
Revenue Manager5,140 EUR
Risk and Capital Manager7,860 EUR
Risk Officer5,120 EUR
Safety Manager5,250 EUR
Section Head5,030 EUR
Service Manager5,560 EUR
Shift Supervisor4,190 EUR
Solutions Manager4,660 EUR
Supervisor4,380 EUR
Supply Chain Manager7,470 EUR
Surveyor4,610 EUR
Technical Director6,420 EUR
Technical Manager6,410 EUR
Territory Manager6,600 EUR
Validation Manager5,960 EUR
Vice President8,350 EUR
Zone Manager7,010 EUR


Executive and Management Jobs Pay Scale and Salaries in Finland

Median and salary distribution Finland Executive and Management monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/finland/executive-and-management/median-and-salary-distribution-monthly-finland-executive-and-management.jpg

Salary Structure and Pay Scale Comparison

5% of people earn
5,500 EUR or more
10% of people earn
4,650 to 5,500 EUR
20% of people earn
2,790 EUR or less
65% of people earn
2,790 to 4,650 EUR
Minimum Salary
2,090 EUR
Median
5,820 EUR
Maximum
10,500 EUR




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries in Executive and Management in Finland range from 2,090 EUR (starting average salary) to 10,500 EUR (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.

  • Median Salary

    The median income in the field of Executive and Management is 5,820 EUR, implying that half of the workforce in Finland earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.

  • Percentiles and Salary Scale

    Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Executive and Management in Finland earn less than 4,380 EUR, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 6,880 EUR, while 25% earn more than that.

  • Pay Scale Structure

    Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Executive and Management in Finland. The analysis revealed that roughly 65% of all reported salaries fell within the range of 2,790 EUR to 4,650 EUR. Approximately 20% of salaries were below the 2,790 EUR mark, while 10% ranged from 4,650 EUR to 5,500 EUR. Only 5% of individuals earned a gross salary of 5,500 EUR or higher.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.

Generally speaking, employees in Executive and Management in Finland having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.


Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg

Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?

We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Executive and Management in Finland, below are our findings.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Finland costs anywhere from 23,500 EUR to 70,600 EUR and lasts approximately two years. That is quite an investment.

Employees can't expect any salary increases during the study period, assuming they already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.



Salary and Compensation Comparison By Gender / Executive and Management / Finland

Salary comparison by gender Finland Executive and Management monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/finland/executive-and-management/salary-comparison-by-gender-monthly-finland-executive-and-management.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Executive and Management in Finland, the average difference between the salary of male and female employees is 4%.

Male
6,540 EUR
Female-4%
6,270 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Finland for all Careers

Salary comparison by gender monthly Finland
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/finland/salary-comparison-by-gender-monthly-finland.jpg

Average Annual Salary Increment Percentage / Executive and Management / Finland

How much are annual salary increments in Finland for individuals working in Executive and Management? How often do employees get salary raises?

Professionals working in Executive and Management in Finland are likely to observe a salary increase of approximately 11% every 13 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate Finland Executive and Management
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/finland/executive-and-management/annual-salary-increment-rate-finland-executive-and-management.jpg


The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Finland / All Professions

Annual Salary Increment Rate Finland
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/finland/annual-salary-increment-rate-finland.jpg

The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Finland is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Bonus and Incentive Rates / Executive and Management / Finland

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Finland Executive and Management
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/finland/executive-and-management/annual-salary-bonus-rate-finland-executive-and-management.jpg

20% of surveyed staff in Executive and Management reported that they haven't received any bonuses or incentives in the previous year while 80% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus
80%
No Bonus
20%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Hourly Average Wage / Executive and Management / Finland


37 EUR per hour

The average hourly wage (pay per hour) in Executive and Management in Finland is 37 EUR.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working in Executive and Management in Finland is 12 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary Comparison By City

CityAverage Salary
Helsinki6,840 EUR

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Finland is 5% on average across all career fields.

Private Sector
4,590 EUR
Public Sector+5%
4,810 EUR
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary in Executive and Management in Finland?

A good and competitive compensation would range anywhere between 5,820 EUR and 6,880 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for jobs in Executive and Management in Finland ranges from 2,090 EUR to 4,380 EUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


Browse Salaries

Salary Increase Letters

Best Paying Jobs
Home BROWSE SALARIES ARTICLES BEST PAYING JOBS Salary Comparison Arabic Spanish

©Salary Explorer 2024