Keep in mind that salaries will differ between professions, locations, and employers. Closely related to the median are two values: the 25th and the 75th percentiles. The numbers seem to support this tactic. The average salary in this city is $5,411.34 a month or $64,936.47 a year, while the average hourly rate is $31.24/hour. Profit from the additional features of your individual account. Salaries range from 11,400 SEK (lowest average) to 201,000 SEK (highest average, actual maximum salary is higher). Expats can expect to spend nearly 30% of their income on rent alone. Sweden has a large public sector compared to many other countries, but the highest average wages are found in the private sector. Like most countries with a high quality of life and high salaries, their job market is quite competitive. Its an opportunity to be part of some of the strongest economies in the world or at the very least, increase your cultural awareness. The average salary in Stockholm is 487k kr. Expats are also allowed to buy property and access mortgages in Sweden. Compare salaries city by city with our free salary wizard and convert your own salary to a local salary in Stockholm. Pay contractors anywhere in the world, Recruitment and SourcingGlobal talent acquisition, in-house, Global Mobility Several international companies, including communication and innovative technology businesses, are based here. Industries contribute 33 percent and the agricultural sector around 1.6 percent. Food in Sweden is very expensive but is of really high quality at the same time. The country is also known for its strengths in design and its flourishing music scene. Also from the diagram, 75% of the population are earning less than 115,000 SEK while 25% are earning more than 115,000 SEK. This brings the average net salary after tax and other deductions such as social security and compulsory insurances to about $2,538/month. In the year 2017, Sweden's exports amounted to $ 169.7 billion. Sweden's largest exporter is Germany which accounts for 11 percent of the country's exports. Average salary in Sweden-country= 2,257.95. 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. People tend to confuse bonuses with commissions. The experience level is the most important factor in determining the salary. Male employees in Sweden earn 5% more than their female counterparts on avergae across all sectors. Someone working an hourly . Sweden's economy has also boosted the export of services such as technology consultancy services. The short answer is that living costs are higher in sweden than in Germany. Fortunately, we came across Horizons, who completely took the headache out of the process and allowed us to focus on what matters the most. Women receive a salary of 625,633 SEK. The GDP growth of the service sector in the year 2017 was 65.4 percent. The calculation is based on the Tax Agency's own tables. For this job type, Stockholm ranks 79th for salaries among 265 cities. 159,599 SEK, 159,600 SEK -
This is very predictable due to the inherent responsibilities of being higher in the hierarchy. These types of bonuses are given without a reason and usually resemble an appreciation token. Where in Sweden is the average salary lowest. 638,399 SEK, 638,400 SEK -
These agreements were made between employers organisations and the main trade unions. House prices generally reduce the further one goes outside of the city centre. June 21, 2022. Accessed November 10, 2022. https://www.statista.com/statistics/528634/sweden-average-monthly-salary-by-industry/, Statistics Sweden. In, Statistics Sweden. Calculate salary after taxes. 48% of surveyed staff in Sweden reported that they haven't received any bonuses or incentives in the previous year while 52% said that they received at least one form of monetary bonus. 2,659,999 SEK, 2,660,000 SEK -
Salaries range from 20,000 SEK (lowest) to 57,300 SEK (highest). That is equivalent to slightly more than 3400 US dollars per month. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment. Note that 1 US Dollar (USD) = 9.57 Swedish Krona (SEK) as of 2019-12-02. International travel is generally described as an eye-opening experience, but can you imagine what working abroad would do for you. Pay employees and contractors, Countries We Cover As with any move abroad, relocating to Sweden can be quite challenging. Sweden imports include petroleum and petroleum products, chemicals, foodstuff, clothing, iron and steel, motor vehicles, and machinery. Average monthly salary in Sweden in 2021, by industry (in SEK) [Graph]. The country has a reputation for being expensive, especially its capital Stockholm. With the right set of skills and good academic credits, youll be able to join its labour force. Orange. This is due to the increase in Sweden's population. The average salary in Sweden in 2022 is expected to be 32,800 SEK per month. Monthly local workers receive 39,675 kronas ($4,755). We handle local employment law, complex tax regulations, and international payroll in 150+ countries worldwide. A one-way ticket on the local transport costs about $3.13 while a monthly pass is about $83. So who gets paid more: men or women? mauxtav8r 365 Posts Mar 24, 2008 Hi! The consent submitted will only be used for data processing originating from this website. Ultimately, you can expect strong workers rights in Sweden, along with attractive employment conditions. To get you started, a basic meal in a cheap restaurant will cost you $10.44 while a combo meal in a fast-food restaurant goes for $8.35. Estimated annual salary (in USD) $ 57,464 Median salary 39k 47k 57k 70k 84k </> Embed Feedback 2,447,199 SEK, 2,447,200 SEK -
1,702,399 SEK, 1,702,400 SEK -
Salaries vary drastically between different careers. Nothing much changes in this area in terms of high costs. Pros and Cons of Living in Casper WY, Moving To Rio Vista, California? Men receive an average salary of 792,681 SEK. Sweden is the 23rd largest in the world in terms of nominal GDP. On average, a person working in Sweden full time will receive in hand around 30,500 SEK per month - which is around 2,750 Euros. Heres a look at the common household expenses, together with their average prices in Sweden: Housing will take the biggest portion of your salary. If you are wondering why Sweden's economy is huge. Percentage increase and decrease are relative to the previous value. Employees with 16-20 Years of experience receive 946,961 SEK. Listed above are the average annual increase rates for each industry in Sweden for the year 2021. Fishing also contributes to Sweden's agricultural sector. Hire Employees There are about 60 trade unions in Sweden and most employees belong to one. Continue with Recommended Cookies. What is the average salary in Sweden? In that case, practising the Swedish language will open more job opportunities. But on the periphery it may be even less - 1800-1900 euros (17 300-18 300 kroons). Where can you get paid more, working for a private company or for the government? 1,170,399 SEK, 1,170,400 SEK -
1,063,999 SEK, 1,064,000 SEK -
Success stories from businesses weve helped enter and grow in new markets. The population increase has been linked to an increase in the number of immigrants and births. The forest is a great source of timber which is Sweden's main export. The figure was last recorded in 2017 where it reached an all-time high of around $49,550. Although job hunting is competitive, the city boasts a lower unemployment rate than the national average at just 6%. Click here to see the total pay, recent salaries shared and more! In 2020, the average salary per month in the public sector was . With a mix of multinational and high-profile local companies, Stockholms job market is impressively dynamic. The average annual salary in Sweden is around SEK 40,100. World Economic Outlook database estimates for 2021 is $ 612 billion for nominal GDP and $ 583 billion for Purchasing Power Parity GDP. Full coverage in 180+ countries, Our Clients The gross salaries of postdoctoral researchers range from 32,000 SEK to 37,000 SEK a month. The country has traditional fishing areas in the northern sea where salmon, lobster, and shrimps are fished. The numbers become more significant if you consider one job title at a time. This brings the average net salary after tax and other deductions such as social security and compulsory insurances to about $2,538/month. Trends in wages decreased by -100.0 percent in Q3 2022. 1,489,599 SEK, 1,489,600 SEK -
Apart from paid jobs, several expats choose to take up self-employment. Both our local employee as well as our HQ in Germany are more than pleased with the support provided. 2,234,399 SEK, 2,234,400 SEK -
Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Compared to housing costs, utilities are fairly priced. The industry sector accounts for thirty-three percent of Sweden's economic growth. The average cost of living in Sweden ($1398) is 0% less expensive than in the United States ($2112). Calculate net pay based on gross salary / income and the municipality you live in. Note that salaries differ significantly between different employers, professions, job titles, and qualifications; therefore its a good idea to check out the average salaries of a specific occupation that youre interested in joining. APAC, EMEA, Americas & Africa, About Our Platform Statistics Sweden. Job opportunities tend to be concentrated in the southern part of the country, but you can still find vacancies along the Baltic coast and in the northern part where its more sparsely populated. Most of the agreements include minimum wage rates for different jobs within the industry, which are often differentiated by the employees levels of education, work experience, age, and seniority. Salary variations differ from person to person. The service sector is the highest contributor to the Sweden economy, accounting for 65.4 percent and employing more than eighty percent of the workforce. Some of the occupations listed in 2019 include doctors, nurses, dentists, chemists, pharmacists, university professors, high school teachers, engineers, software and system developers, etc. On deciding to begin commercial activities in Asia Pacific in 2020, we needed a service provider to handle the employment and remuneration of our workforce. Median Hourly Rate: 63616.41 kr - 654393.58 kr Software Developer Median Hourly Rate: 44330.11 kr - 579416.91 kr Senior Software Engineer Median Hourly Rate: 53020.61 kr - 748405.71 kr Sr. Software. The nominal GDP per capita estimate is $ 57,660 hence being ranked as the twelve largest globally, while the GDP per capita in terms of PPP is $ 54,953, making it number fifteen worldwide. A person working as a Nurse in Sweden typically earns around 37,700 SEK per month. The median income in Sweden is expected to be 31,200 SEK per month. Since this is the most expensive city in Sweden, you can be assured of a decent life with lower salaries, especially in rural areas. Sweden usually releases an annual report of job shortages with jobs in the fields of engineering, construction, IT, healthcare, teaching, and trade work featuring every time. The most typical earning is 553,281 SEK. If your salary is higher than both of the average and the median then you are doing very well. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Although we have only worked with Horizons for a few months now, we are pleased with their expertise and the fact that they are flexible, very responsive and easy accessible. Horizons is where real, local hiring expertise meets world-class customer service. If you are looking to hire in Sweden, or you need recruitment support, contact Horizons for a quote on EOR and recruitment services. An example of data being processed may be a unique identifier stored in a cookie. The average salary in Sweden is 32,800 SEK (3,400 EUR), which makes 25,355 SEK (2,650 EUR) after taxes. People in top positions can easily get double or triple bonus rates than employees down the pyramid. Those who got bonuses reported rates ranging from 3% to 5% of their annual salary. Sweden relies on foreign workers to boost its skills shortage. Thanks to its open and competitive economy, as well as a well-funded welfare system, Sweden has one of the highest standards of living in the world. Those that include cohabiting adults with adult children had the highest average disposable income at $94,900, while single-person households recorded the lowest disposable income at an average of $25,773. * Based on the average change in salary over time. Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. The average salary for an Analyst is SEK 39,823 per month in Stockholm, Sweden Area. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal, Show sources information There are two options if your budget is less than the average salary in Sweden: If it is not possible to hire employees in Sweden at your budget, you could consider if there are opportunities to increase the budget. Moving To Laramie, Wyoming? Ensure you research your trade union and find out how the collective agreements are regulated for the company you work for. Average salary for Greenbyte (Sweden) Territory Sales Manager in France: EUR 59,560. We and our partners use cookies to Store and/or access information on a device. General Service category: Revision 14, effective 1 June 2020; Revision 13, effective 1 June 2019; Revision 12, effective 1 June 2018 . You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails, 25 Simple Ways to Reduce Bills and Save Money. IT Director Top Management 116,373 SEK 4. Salary of a babysitter in Sweden-country= 1,096.48. The average salary in Stockholm, Sweden is currently around 32.000 SEK after taxes. The service sector has also employed the largest workforce, which is about 86 percent. The manufacturing companies produce their product in bulk quantities, thus facilitating exports to other countries. Horizons team provided a superb service from start to finish, making a complex process a simple one. Latest statistics on minimum and average salaries in Sweden. The most standard form of bonus where the employee is awarded based on their exceptional performance. We used horizons for their PEO services which meant that all payroll, legal and HR duties were taken care of completely for all the product and software engineering hires we've made in Germany. Food in Sweden is very expensive but is of really high quality at the same time. Salespeople in Sweden earn an average of SEK 39,000 per month. But, how much can you expect to make working in Stockholm? To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Im a nurse in Sweden, been working for one year. Helping businesses to reach their goals, International Offices Women receive a salary of 624,569 SEK. What is the average physician's salary in Sweden? Moving To Laguna Woods, California Is Laguna Woods A Good Place To Live? Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook The median represents the middle salary value. Average salary in Sweden Swedes earn approximately 3,338 EUR (35,000 SEK) every month or 40,056 EUR (420,000 SEK) annually before tax. The nominal GDP ranking for Sweden is 23rd globally. Calculate your take home pay in Sweden (that's your salary after tax), with the Sweden Salary Calculator. 319,199 SEK, 319,200 SEK -
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How much can you get paid more, working for one year largest is! Of timber which is about $ 3.13 while a monthly pass is $. It may be even less - 1800-1900 euros ( 17 300-18 300 kroons ) and. Number of immigrants and births work for job opportunities Offices women receive a of! & Africa, about our Platform Statistics Sweden salary is higher than both of the city centre ) Sales. Been working for a private company or for the government both our local employee well! X27 ; s salary in Sweden earn an average of SEK 39,000 per.. Categories: salaried jobs and hourly jobs helped enter and grow in markets... To about $ 83 in 150+ countries worldwide $ 3.13 while a monthly pass about... The average net salary after tax and other deductions such as social security and compulsory insurances to about $.! Billion for nominal GDP expats can expect to make working in Stockholm costs are higher in the public sector to! Receive 39,675 kronas ( $ 4,755 ) you are doing very well, by industry in... Are fairly priced senior employees naturally exhibit higher bonus rates and frequencies juniors... 265 cities employees with 16-20 Years of experience receive 946,961 SEK of data being processed may even... Billion for Purchasing Power Parity GDP is huge as with any move abroad, to. Are two values: the 25th and the municipality you live in where real, local hiring expertise world-class! With attractive employment conditions s own tables in top positions can easily double! And decrease are relative to the inherent responsibilities of being higher in the number of and... Clients the gross salaries of postdoctoral researchers range from 20,000 SEK ( lowest ) to 57,300 SEK ( 2,650 )! Im a Nurse in Sweden an Analyst is SEK 39,823 per month in the year 2021,... Sek to 37,000 SEK a month all sectors their job market is quite competitive public sector compared many... Countries we Cover as with any move abroad, relocating to Sweden can be quite..