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Electrical Engineer Average Salary in Finland 2020

How much money does an Electrical Engineer make in Finland?


Average Monthly Salary
4,240 EUR
( 50,900 EUR yearly)

LOW
2,040
EUR
AVERAGE
4,240
EUR
HIGH
6,660
EUR

A person working as an Electrical Engineer in Finland typically earns around 4,240 EUR per month. Salaries range from 2,040 EUR (lowest) to 6,660 EUR (highest).

This is the average monthly salary including housing, transport, and other benefits. Electrical Engineer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Electrical Engineer Salary Distribution in Finland

Median and salary distribution monthly Finland Electrical Engineer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Electrical Engineer salaries in Finland range from 2,040 EUR per month (minimum salary) to 6,660 EUR per month (maximum salary).

  • Median Salary

    The median salary is 4,410 EUR per month, which means that half (50%) of people working as Electrical Engineer(s) are earning less than 4,410 EUR while the other half are earning more than 4,410 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.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Electrical Engineer(s) are earning less than 2,900 EUR while 75% of them are earning more than 2,900 EUR. Also from the diagram, 75% of Electrical Engineer(s) are earning less than 5,760 EUR while 25% are earning more than 5,760 EUR.


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

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

Electrical Engineer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Finland Electrical Engineer
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Electrical Engineer salaries by experience level and this is what we found.

An Electrical Engineer with less than two years of experience makes approximately 2,380 EUR per month.

While someone with an experience level between two and five years is expected to earn 3,380 EUR per month, 42% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 4,440 EUR per month, 31% more than someone with two to five years of experience.

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.

Additionally, Electrical Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 5,460 EUR per month, 23% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 5,810 EUR per month, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 6,360 EUR per month, 10% more than people with fifteen to twenty years of experience.


Electrical Engineer average salary change by experience in Finland

0 - 2 Years
2,380 EUR
2 - 5 Years+42%
3,380 EUR
5 - 10 Years+31%
4,440 EUR
10 - 15 Years+23%
5,460 EUR
15 - 20 Years+6%
5,810 EUR
20+ Years+10%
6,360 EUR
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Electrical Engineer Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Electrical Engineer(s) who have the same experience but different education levels.

Salary comparison by education level monthly Finland Electrical Engineer
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Electrical Engineer salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of an Electrical Engineer is 3,750 EUR per month.

While someone with a Master's Degree gets a salary of 5,370 EUR per month, 43% more than someone having a Bachelor's Degree degree.


Electrical Engineer average salary difference by education level in Finland

Bachelor's Degree
3,750 EUR
Master's Degree+43%
5,370 EUR
Percentage increase and decrease are relative to the previous value

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 23,400 Euro(s) to 70,300 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 the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Electrical Engineer Salary Comparison By Gender

Salary comparison by gender monthly Finland Electrical Engineer
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Electrical Engineer employees in Finland earn 4% more than their female counterparts on average.

Male
4,330 EUR
Female-4%
4,160 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
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Electrical Engineer Average Annual Salary Increment Percentage in Finland

How much are annual salary increments in Finland for Electrical Engineer(s)? How often do employees get salary raises?

Electrical Engineer

Electrical Engineer(s) in Finland are likely to observe a salary increase of approximately 11% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate Finland Electrical Engineer
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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

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely 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%.

Annual Increment Rate By Industry 2019

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Listed above are the average annual increase rates for each industry in Finland for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Electrical Engineer Bonus and Incentive Rates in Finland

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Finland Electrical Engineer
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An Electrical Engineer is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

42% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 58% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
58%
No Bonus
42%

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.

Electrical Engineer Average Hourly Wage in Finland


24 EUR per hour

The average hourly wage (pay per hour) in Finland is 24 EUR. This means that the average Electrical Engineer in Finland earns approximately 24 EUR for every worked hour.


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

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.

Electrical Engineer VS Other Jobs

Salary Comparison Between Electrical Engineer and Engineering monthly Finland
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The average salary for Electrical Engineer is 7% more than that of Engineering. Also, Engineering salaries are 15% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Acoustics Engineer3,690 EUR-13%
Assembly Engineering Technician3,160 EUR-26%
Assistant Chief Engineer4,470 EUR+5%
Associate Engineer3,520 EUR-17%
Autocad Operator2,570 EUR-39%
Automation Engineer4,340 EUR+2%
Avionic System Support Engineer3,700 EUR-13%
Biochemical Engineer3,800 EUR-10%
BMS Engineer3,930 EUR-7%
Bridge and Lock Tender2,080 EUR-51%
Broadcast Engineer4,000 EUR-6%
CAD Design Engineer4,080 EUR-4%
CAD Designer2,410 EUR-43%
CAE Engineer4,130 EUR-3%
Ceramics Engineer3,550 EUR-16%
Civil Engineer4,320 EUR+2%
Commissioning Engineer4,080 EUR-4%
Communications Engineer4,300 EUR+1%
Condition Monitoring Engineer3,450 EUR-19%
Contract Associate Engineer3,870 EUR-9%
Control Systems Engineer4,020 EUR-5%
Controls Engineer4,080 EUR-4%
Controls Software Engineer3,510 EUR-17%
Corrosion Engineer3,750 EUR-12%
Design Engineer4,170 EUR-2%
Drafter2,420 EUR-43%
Drafting Manager4,790 EUR+13%
Drilling Engineer3,860 EUR-9%
Electrical Draughtsman2,090 EUR-51%
Electrical Engineer4,240 EUR-0%
Electrical Engineering Manager5,970 EUR+41%
Electromechanical Engineering Technologist4,250 EUR+0%
Electromechanical Equipment Assembler2,020 EUR-52%
Energy Engineer4,230 EUR-0%
Engine Assembler1,810 EUR-57%
Engineer4,280 EUR+1%
Engineering Account Manager4,590 EUR+8%
Engineering Chief Designer4,670 EUR+10%
Engineering Consultant5,720 EUR+35%
Engineering Key Account Manager5,980 EUR+41%
Engineering Lab Technician3,800 EUR-10%
Engineering Planning Manager5,590 EUR+32%
Engineering Production Manager7,310 EUR+72%
Engineering Project Analyst4,780 EUR+13%
Engineering Project Coordinator 4,710 EUR+11%
Engineering Project Director8,580 EUR+100%
Engineering Project Manager5,740 EUR+35%
Engineering Research and Development Manager6,490 EUR+53%
Engineering Safety Coordinator2,990 EUR-30%
Engineering Sales Manager5,660 EUR+33%
Engineering Technician3,180 EUR-25%
Engineering Technologist3,220 EUR-24%
Environmental Engineer3,860 EUR-9%
Equipment Engineer3,860 EUR-9%
Equipment Engineering Manager5,440 EUR+28%
Estimator3,370 EUR-21%
Fabrication Specialist2,720 EUR-36%
Fabricator1,890 EUR-55%
Facade Engineer4,010 EUR-5%
Fiber Analyst2,380 EUR-44%
Field Engineer4,170 EUR-2%
Field Engineering Manager6,600 EUR+56%
Fire Engineer4,040 EUR-5%
Fitter and Turner1,250 EUR-71%
Forestry Strategic Planner4,620 EUR+9%
Generation Engineer3,920 EUR-8%
Genetic Engineer4,230 EUR-0%
Geological Engineer4,280 EUR+1%
Geotechnical Engineer4,470 EUR+5%
Heavy Equipment Mechanic2,230 EUR-47%
Highway Engineer4,080 EUR-4%
HSE Professional3,900 EUR-8%
HVAC Engineer4,240 EUR-0%
HVAC Supervisor3,570 EUR-16%
Industrial Engineer3,730 EUR-12%
Industrial Engineering Technologist3,910 EUR-8%
Instrument Engineer3,990 EUR-6%
Instrumentation and Control Engineer3,890 EUR-8%
Instrumentation Engineer4,020 EUR-5%
Instrumentation Manager4,070 EUR-4%
Irrigation Engineer4,050 EUR-5%
Licensed Aircraft Engineer4,140 EUR-2%
Locomotive Engineer3,830 EUR-10%
Maintenance Engineer3,810 EUR-10%
Maintenance Fitter1,390 EUR-67%
Maintenance Manager3,940 EUR-7%
Manufacturing Engineer3,810 EUR-10%
Marine Engineer3,860 EUR-9%
Materials Engineer4,060 EUR-4%
Materials Researcher3,850 EUR-9%
Materials Technician2,920 EUR-31%
Mechanical and Electrical Engineer4,300 EUR+1%
Mechanical Design Engineer4,320 EUR+2%
Mechanical Designer3,400 EUR-20%
Mechanical Engineer4,290 EUR+1%
Mechanical Engineering Manager5,500 EUR+30%
Mechanical Inspector3,880 EUR-9%
Mechatronics Engineer4,180 EUR-1%
Mining Engineer3,920 EUR-8%
Oil and Petrochemical Engineer4,470 EUR+5%
Optical Engineer3,980 EUR-6%
Optical Instrument Assembler2,020 EUR-52%
PCB Assembler1,490 EUR-65%
Photonics Engineer4,440 EUR+5%
Photonics Technician3,520 EUR-17%
Pipeline Engineer3,620 EUR-15%
Piping Designer2,090 EUR-51%
Piping Engineer3,790 EUR-11%
Planning Engineer4,190 EUR-1%
Pressure Vessel Inspector1,850 EUR-56%
Principal Cost Engineer4,260 EUR+0%
Principal Engineer4,090 EUR-4%
Principal Support Engineer3,980 EUR-6%
Process Engineer3,950 EUR-7%
Process Operator2,290 EUR-46%
Product Development Engineer4,040 EUR-5%
Product Development Technician3,050 EUR-28%
Product Engineer4,350 EUR+3%
Product Safety Engineer3,640 EUR-14%
Production Engineer4,120 EUR-3%
Project Engineer4,300 EUR+1%
Proposal Manager4,960 EUR+17%
Purchasing Engineer3,790 EUR-11%
Quality Assurance Engineer3,920 EUR-8%
Rail Engineer3,880 EUR-9%
Robotics Engineer4,620 EUR+9%
Robotics Technician3,260 EUR-23%
Safety Engineer4,140 EUR-2%
Safety Inspector3,260 EUR-23%
Safety Manager4,880 EUR+15%
Safety Officer2,110 EUR-50%
Sales Engineer4,420 EUR+4%
Scheduling Engineer3,530 EUR-17%
Service Engineer4,190 EUR-1%
Solar Engineer4,370 EUR+3%
Staff Engineer3,970 EUR-6%
Static Equipment Engineer3,860 EUR-9%
Stationary Engineer3,680 EUR-13%
Stress Engineer3,820 EUR-10%
Structural Analysis Engineer3,920 EUR-8%
Structural Designer3,700 EUR-13%
Structural Engineer3,810 EUR-10%
Structural Technician2,690 EUR-37%
Supply Chain Specialist3,880 EUR-9%
Surveyor3,090 EUR-27%
Technical Affairs Officer2,130 EUR-50%
Technical Assistant1,970 EUR-54%
Technical Engineer3,480 EUR-18%
Technical Support Engineer3,450 EUR-19%
Tender Engineer3,670 EUR-14%
Test Development Engineer4,130 EUR-3%
Transportation Engineer3,820 EUR-10%
Validation Engineer3,510 EUR-17%
Verification Engineer3,890 EUR-8%
Wastewater Engineer4,070 EUR-4%
Wind Energy Engineer4,260 EUR+0%
Wind Energy Operations Manager5,420 EUR+28%
Work Planner2,880 EUR-32%

Salary Comparison By City

CityAverage Salary
Helsinki4,810 EUR

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Finland earn 5% more than their private sector counterparts on average across all sectors.

Private Sector
4,580 EUR
Public Sector+5%
4,790 EUR
Percentage increase and decrease are relative to the previous value

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