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Hotel Manager Average Salary in Finland 2020

How much money does a Hotel Manager make in Finland?


Average Monthly Salary
6,810 EUR
( 81,700 EUR yearly)

LOW
3,130
EUR
AVERAGE
6,810
EUR
HIGH
10,800
EUR

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 Salary Distribution in Finland

Median and salary distribution monthly Finland Hotel Manager
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The median, the maximum, the minimum, and the range

  • Salary Range

    Hotel Manager salaries in Finland range from 3,130 EUR per month (minimum salary) to 10,800 EUR per month (maximum salary).

  • Median 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.

  • Percentiles

    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.


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

Hotel Manager Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Finland Hotel Manager
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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 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.

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, 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.


Hotel Manager average salary change by experience in Finland

0 - 2 Years
3,560 EUR
2 - 5 Years+34%
4,750 EUR
5 - 10 Years+48%
7,020 EUR
10 - 15 Years+22%
8,560 EUR
15 - 20 Years+9%
9,330 EUR
20+ Years+8%
10,100 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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Hotel Manager Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Finland Hotel Manager
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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 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.


Hotel Manager average salary difference by education level in Finland

High School
4,360 EUR
Certificate or Diploma+18%
5,130 EUR
Bachelor's Degree+45%
7,440 EUR
Master's Degree+31%
9,750 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 23,600 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.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Hotel Manager Salary Comparison By Gender

Salary comparison by gender monthly Finland Hotel Manager
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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 Hotel Manager employees in Finland earn 5% more than their female counterparts.

Female
6,650 EUR
Male+5%
6,960 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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Hotel Manager Average Annual Salary Increment Percentage in Finland

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

Hotel Manager

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.

Annual Salary Increment Rate Finland Hotel Manager
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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

Annual Salary Increment Rate Finland
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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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Hotel Manager Bonus and Incentive Rates in Finland

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Finland Hotel Manager
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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.

Received Bonus
86%
No Bonus
14%

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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Finland
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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.

Private Sector
4,610 EUR
Public Sector+5%
4,830 EUR
Percentage increase and decrease are relative to the previous value

Hotel Manager Salary Trend and Forecast in Finland

How are Hotel Manager salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Finland Hotel Manager
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Average Salary 2016
5,890 EUR
Average Salary 2017+4%
6,110 EUR
Average Salary 2018+4%
6,330 EUR
Average Salary 2019+4%
6,570 EUR
Percentage increase and decrease are relative to the previous value

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.

Hotel Manager Average Hourly Wage in Finland


39 EUR per hour

The average hourly wage (pay per hour) in Finland is 39 EUR. This means that the average Hotel Manager in Finland earns approximately 39 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.

Hotel Manager VS Other Jobs

Salary Comparison Between Hotel Manager and Food / Hospitality / Tourism / Catering monthly Finland
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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.

Salary comparison with similar jobs

Job TitleAverage Salary
All Rounder3,420 EUR-50%
Assistant Executive Housekeeper2,720 EUR-60%
Assistant Food and Beverage Director5,310 EUR-22%
Assistant Hospitality Manager5,340 EUR-22%
Assistant Storekeeper2,390 EUR-65%
Assistant Tour Manager3,960 EUR-42%
Baker and Pastrycook2,950 EUR-57%
Bakery Manager4,440 EUR-35%
Bakery Superintendent3,490 EUR-49%
Banquet Manager3,450 EUR-49%
Banquet Server2,750 EUR-60%
Bar Attendant3,060 EUR-55%
Bar Manager4,520 EUR-34%
Bar Supervisor3,390 EUR-50%
Barista2,870 EUR-58%
Bartender3,040 EUR-55%
Bellman2,450 EUR-64%
Beverage Manager4,240 EUR-38%
Bistro Attendant2,830 EUR-58%
Buffet Chef3,890 EUR-43%
Buffet Host2,440 EUR-64%
Buffet Manager4,320 EUR-37%
Butcher and Slaughterer2,620 EUR-62%
Cafeteria Manager3,880 EUR-43%
Cake Decorator3,010 EUR-56%
Casino Shift Manager5,300 EUR-22%
Chain Store Customer Support3,750 EUR-45%
Chef3,770 EUR-45%
Club Manager4,950 EUR-27%
Cluster Director5,890 EUR-13%
Cluster Revenue Manager5,450 EUR-20%
Cocktail Server2,660 EUR-61%
Coffee Shop Manager4,850 EUR-29%
Concierge2,630 EUR-61%
Confectionery Baker2,940 EUR-57%
Conference Services Manager3,990 EUR-41%
Cook3,420 EUR-50%
Corporate Sous Chef4,600 EUR-32%
Corporate Travel Consultant3,870 EUR-43%
Croupier3,550 EUR-48%
Culinary Assistant2,850 EUR-58%
Culinary Associate2,990 EUR-56%
Dietary Aide3,560 EUR-48%
Dining Room Supervisor3,990 EUR-41%
Dishwasher1,780 EUR-74%
Duty Manager4,340 EUR-36%
Events Coordinator3,770 EUR-45%
Executive Chef3,840 EUR-44%
Executive Pastry Chef3,400 EUR-50%
Fast Food Cook3,320 EUR-51%
Fast Food Shift Supervisor3,690 EUR-46%
Fine Dining Cook4,280 EUR-37%
Fine Dining Restaurant Chef4,430 EUR-35%
Fleet Manager4,810 EUR-29%
Food and Beverage Manager4,690 EUR-31%
Food Consultant5,280 EUR-22%
Food Safety Coordinator4,220 EUR-38%
Food Server2,670 EUR-61%
Food Service Director4,700 EUR-31%
Food Service Manager4,730 EUR-31%
Food Service Sales4,020 EUR-41%
Food Service Worker2,900 EUR-57%
Front Desk Agent3,350 EUR-51%
Front Office Manager4,290 EUR-37%
Guest Service Executive4,950 EUR-27%
Guest Service Representative3,670 EUR-46%
Head Concierge3,590 EUR-47%
Hospitality Director7,160 EUR+5%
Hostess / Host3,670 EUR-46%
Hotel Desk Clerk2,740 EUR-60%
Hotel Maid1,980 EUR-71%
Hotel Manager6,810 EUR+0%
Hotel Sales Manager5,550 EUR-18%
Hotel Service Supervisor4,610 EUR-32%
Hotel Staff3,320 EUR-51%
Inventory Coordinator3,180 EUR-53%
Kitchen Manager3,820 EUR-44%
Kitchen Staff3,170 EUR-53%
Kitchen Supervisor3,530 EUR-48%
Line Cook3,850 EUR-43%
Luggage Porter1,730 EUR-75%
Motel Manager4,640 EUR-32%
Pastrycooking and Baking Assistant2,340 EUR-66%
Production Operator2,420 EUR-64%
Quality, Health and Safety Coordinator3,250 EUR-52%
Receptionist3,230 EUR-53%
Regional Restaurant Manager5,580 EUR-18%
Restaurant Manager5,540 EUR-19%
Room Reservations Manager4,880 EUR-28%
Room Service Manager4,750 EUR-30%
Sous Chef3,600 EUR-47%
Supervisor of Food Services4,510 EUR-34%
Tour Consultant3,890 EUR-43%
Travel Agent3,760 EUR-45%
Travel Consultant3,940 EUR-42%
Waiter / Waitress2,700 EUR-60%

Salary Comparison By City

CityAverage Salary
Helsinki7,120 EUR
3000 - 1

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