A person working as a Hotel Manager in Finland typically earns around 6,810 EUR per month. Salaries range from 3,130 EUR (lowest) to 10,800 EUR (highest).
This is the average monthly salary including housing, transport, and other benefits. Hotel Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Hotel Manager salaries in Finland range from 3,130 EUR per month (minimum salary) to 10,800 EUR per month (maximum salary).
The median salary is 7,350 EUR per month, which means that half (50%) of people working as Hotel Manager(s) are earning less than 7,350 EUR while the other half are earning more than 7,350 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 Hotel Manager(s) are earning less than 4,720 EUR while 75% of them are earning more than 4,720 EUR. Also from the diagram, 75% of Hotel Manager(s) are earning less than 9,820 EUR while 25% are earning more than 9,820 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 your wage. We broke down Hotel Manager salaries by experience level and this is what we found.
A Hotel Manager with less than two years of experience makes approximately 3,560 EUR per month.
While someone with an experience level between two and five years is expected to earn 4,750 EUR per month, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 7,020 EUR per month, 48% more than someone with two to five years of experience.
Additionally, Hotel Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 8,560 EUR per month, 22% 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 9,330 EUR per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 10,100 EUR per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+48%|
|10 - 15 Years||+22%|
|15 - 20 Years||+9%|
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 Hotel Manager salaries by education level in order to make a comparison.
When the education level is High School, the average salary of a Hotel Manager is 4,360 EUR per month.
While someone with a Certificate or Diploma gets a salary of 5,130 EUR per month, 18% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 7,440 EUR per month, 45% more than someone with a Certificate or Diploma.
Professionals who hold a Master's Degree are rewarded with an average salary of 9,750 EUR per month, 31% more than someone with Bachelor's Degree.
|Certificate or Diploma||+18%|
A Master's degree program or any post-graduate program in Finland costs anywhere from 23,600 Euro(s) to 70,900 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.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Hotel Manager employees in Finland earn 5% more than their female counterparts.
Hotel Manager(s) in Finland are likely to observe a salary increase of approximately 11% every 18 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
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.
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
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.
A Hotel Manager is considered to be a high 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.
14% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 86% 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.
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.
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.
The main two types of jobs
|Revenue Generators||Supporting 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.
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.
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.
Where can you get paid more, working for a private company or for the government? Public sector Hotel Manager employees in Finland earn 5% more than their private sector counterparts.
|Average Salary 2016|
|Average Salary 2017||+4%|
|Average Salary 2018||+4%|
|Average Salary 2019||+4%|
Hotel Manager salaries in Finland are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 4% 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.
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.
The average salary for Hotel Manager is 75% more than that of Food / Hospitality / Tourism / Catering. Also, Food / Hospitality / Tourism / Catering salaries are 18% less than those of All Jobs.
|Job Title||Average Salary|
|All Rounder||3,420 EUR||-50%|
|Assistant Executive Housekeeper||2,720 EUR||-60%|
|Assistant Food and Beverage Director||5,310 EUR||-22%|
|Assistant Hospitality Manager||5,340 EUR||-22%|
|Assistant Storekeeper||2,390 EUR||-65%|
|Assistant Tour Manager||3,960 EUR||-42%|
|Baker and Pastrycook||2,950 EUR||-57%|
|Bakery Manager||4,440 EUR||-35%|
|Bakery Superintendent||3,490 EUR||-49%|
|Banquet Manager||3,450 EUR||-49%|
|Banquet Server||2,750 EUR||-60%|
|Bar Attendant||3,060 EUR||-55%|
|Bar Manager||4,520 EUR||-34%|
|Bar Supervisor||3,390 EUR||-50%|
|Beverage Manager||4,240 EUR||-38%|
|Bistro Attendant||2,830 EUR||-58%|
|Buffet Chef||3,890 EUR||-43%|
|Buffet Host||2,440 EUR||-64%|
|Buffet Manager||4,320 EUR||-37%|
|Butcher and Slaughterer||2,620 EUR||-62%|
|Cafeteria Manager||3,880 EUR||-43%|
|Cake Decorator||3,010 EUR||-56%|
|Casino Shift Manager||5,300 EUR||-22%|
|Chain Store Customer Support||3,750 EUR||-45%|
|Club Manager||4,950 EUR||-27%|
|Cluster Director||5,890 EUR||-13%|
|Cluster Revenue Manager||5,450 EUR||-20%|
|Cocktail Server||2,660 EUR||-61%|
|Coffee Shop Manager||4,850 EUR||-29%|
|Confectionery Baker||2,940 EUR||-57%|
|Conference Services Manager||3,990 EUR||-41%|
|Corporate Sous Chef||4,600 EUR||-32%|
|Corporate Travel Consultant||3,870 EUR||-43%|
|Culinary Assistant||2,850 EUR||-58%|
|Culinary Associate||2,990 EUR||-56%|
|Dietary Aide||3,560 EUR||-48%|
|Dining Room Supervisor||3,990 EUR||-41%|
|Duty Manager||4,340 EUR||-36%|
|Events Coordinator||3,770 EUR||-45%|
|Executive Chef||3,840 EUR||-44%|
|Executive Pastry Chef||3,400 EUR||-50%|
|Fast Food Cook||3,320 EUR||-51%|
|Fast Food Shift Supervisor||3,690 EUR||-46%|
|Fine Dining Cook||4,280 EUR||-37%|
|Fine Dining Restaurant Chef||4,430 EUR||-35%|
|Fleet Manager||4,810 EUR||-29%|
|Food and Beverage Manager||4,690 EUR||-31%|
|Food Consultant||5,280 EUR||-22%|
|Food Safety Coordinator||4,220 EUR||-38%|
|Food Server||2,670 EUR||-61%|
|Food Service Director||4,700 EUR||-31%|
|Food Service Manager||4,730 EUR||-31%|
|Food Service Sales||4,020 EUR||-41%|
|Food Service Worker||2,900 EUR||-57%|
|Front Desk Agent||3,350 EUR||-51%|
|Front Office Manager||4,290 EUR||-37%|
|Guest Service Executive||4,950 EUR||-27%|
|Guest Service Representative||3,670 EUR||-46%|
|Head Concierge||3,590 EUR||-47%|
|Hospitality Director||7,160 EUR||+5%|
|Hostess / Host||3,670 EUR||-46%|
|Hotel Desk Clerk||2,740 EUR||-60%|
|Hotel Maid||1,980 EUR||-71%|
|Hotel Manager||6,810 EUR||+0%|
|Hotel Sales Manager||5,550 EUR||-18%|
|Hotel Service Supervisor||4,610 EUR||-32%|
|Hotel Staff||3,320 EUR||-51%|
|Inventory Coordinator||3,180 EUR||-53%|
|Kitchen Manager||3,820 EUR||-44%|
|Kitchen Staff||3,170 EUR||-53%|
|Kitchen Supervisor||3,530 EUR||-48%|
|Line Cook||3,850 EUR||-43%|
|Luggage Porter||1,730 EUR||-75%|
|Motel Manager||4,640 EUR||-32%|
|Pastrycooking and Baking Assistant||2,340 EUR||-66%|
|Production Operator||2,420 EUR||-64%|
|Quality, Health and Safety Coordinator||3,250 EUR||-52%|
|Regional Restaurant Manager||5,580 EUR||-18%|
|Restaurant Manager||5,540 EUR||-19%|
|Room Reservations Manager||4,880 EUR||-28%|
|Room Service Manager||4,750 EUR||-30%|
|Sous Chef||3,600 EUR||-47%|
|Supervisor of Food Services||4,510 EUR||-34%|
|Tour Consultant||3,890 EUR||-43%|
|Travel Agent||3,760 EUR||-45%|
|Travel Consultant||3,940 EUR||-42%|
|Waiter / Waitress||2,700 EUR||-60%|