A person working in Estonia typically earns around 4,140 EUR per month. Salaries range from 560 EUR (lowest average) to 18,300 EUR (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Salaries in Estonia range from 560 EUR per month (minimum salary) to 18,300 EUR per month (maximum average salary, actual maximum is higher).
The median salary is 4,140 EUR per month, which means that half (50%) of the population are earning less than 4,140 EUR while the other half are earning more than 4,140 EUR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 2,110 EUR while 75% of them are earning more than 2,110 EUR. Also from the diagram, 75% of the population are earning less than 11,200 EUR while 25% are earning more than 11,200 EUR.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning 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
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 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.
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 degrees levels across many jobs, 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 cerificate 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.
A Master's degree program or any post-graduate program in Estonia costs anywhere from 20,700 Euro(s) to 62,100 Euro(s) and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you 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 into 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 your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Estonia earn 4% more than their female counterparts.
Where can you get paid more, working for a private company or for the government? Public sector employees in Estonia earn 5% more than their private sector counterparts.
|Average Salary 2016|
|Average Salary 2017||+4%|
|Average Salary 2018||+3%|
|Average Salary 2019||+1%|
Salaries in Estonia are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 1% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.
|Job Title||Average Salary|
|Accounting and Finance|
|Accounting Assistant||2,550 EUR|
|Accounting Manager||5,340 EUR|
|Chartered Accountant||3,390 EUR|
|Corporate Treasurer||7,150 EUR|
|Financial Analyst||4,290 EUR|
|Financial Manager||8,210 EUR|
|Internal Auditor||4,260 EUR|
Administration / Reception / Secretarial
|Administrative Assistant||2,170 EUR|
|Office Manager||2,800 EUR|
Advertising / Grapic Design / Events
|Art Director||3,920 EUR|
|Creative Director||3,980 EUR|
|Graphic Designer||2,810 EUR|
Airlines / Aviation / Aerospace / Defense
|Aerospace Engineer||4,200 EUR|
|Air Traffic Controller||4,190 EUR|
|Flight Attendant||3,280 EUR|
|CAD Drafter||2,910 EUR|
|Service Advisor||3,140 EUR|
|Bank Branch Manager||6,070 EUR|
|Business Analyst||4,550 EUR|
|Business Development Manager||5,890 EUR|
|Project Manager||4,580 EUR|
Care Giving and Child Care
|Nursery Teacher||2,810 EUR|
Construction / Building / Installation
|Civil Engineer||3,450 EUR|
|Construction Project Manager||4,710 EUR|
|Health and Safety Officer||2,470 EUR|
Customer Service and Call Center
|Call Center Representative||2,660 EUR|
|Customer Service Manager||5,130 EUR|
|Customer Service Representative||2,930 EUR|
|Electrical Engineer||3,750 EUR|
|Mechanical Engineer||3,970 EUR|
Executive and Management
|Chief Executive Officer||8,660 EUR|
|Chief Financial Officer||7,900 EUR|
|General Manager||6,850 EUR|
Food / Hospitality / Tourism / Catering
|Executive Chef||3,520 EUR|
|Hotel Manager||5,840 EUR|
|Travel Agent||3,370 EUR|
|Waiter / Waitress||2,410 EUR|
Health and Medical
|Laboratory Technician||3,050 EUR|
|Human Resources Manager||5,600 EUR|
|Human Resources Officer||3,220 EUR|
|Computer Technician||2,990 EUR|
|Database Administrator||4,080 EUR|
|Developer / Programmer||3,480 EUR|
|Information Technology Manager||5,720 EUR|
|Network Engineer||3,480 EUR|
Law Enforcement / Security / Fire
|Police Officer||3,220 EUR|
|Legal Assistant||2,860 EUR|
Media / Broadcasting / Arts / Entertainment
Pharmaceutical and Biotechnology
|Biomedical Engineer||3,490 EUR|
Sales Retail and Wholesale
|Sales Manager||6,140 EUR|
|Sales Representative||2,470 EUR|
Teaching / Education
|Elementary School Teacher||2,660 EUR|
|Secondary School Teacher||3,170 EUR|
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 fix 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.