Salary Development:
Helsinki Metropolitan Area
Median salary: EUR 6,004/month
+0.1% compared to 2023
Rest of Finland
Median salary: EUR 5,200/month
+0.4% compared to 2023
Private Sector
Median salary: EUR 5,850/month
+0.9% compared to 2023
Public Sector
Median salary: EUR 5,400/month
+3.9% compared to 2023
Municipal Sector
Median salary: EUR 5,236/month
+0.7% compared to 2023
Business school graduates perceived their position as stable
Business school graduates remained confident in their job situation, with 83% of respondents considering their position stable or relatively stable. Few were concerned about the risk of layoffs or redundancies, despite the challenging employment situation for highly educated professionals being a widely discussed topic.
The overall situation at the workplace was seen as more uncertain. 67% of respondents viewed their workplace situation as stable or relatively stable.
Perceptions of both personal and workplace stability have become more cautious over time. Confidence was last at its highest in 2021, when 92% felt their own situation was stable or relatively stable, and 88% assessed their workplace the same way. This indicates that perceptions of workplace stability have weakened more than perceptions of personal stability.
“Business school graduates’ views align well with the deteriorating employment situation. Statistics show that business school graduates have remained in demand in the job market even during difficult times, which justifies their confidence in their own situation. The employment outlook for highly educated professionals is expected to improve this year, although the beginning of the year is likely to remain challenging,” says Chief Economist Elias Erämaja.
The general pay raise plays a key role in business school graduates’ salary development
Year after year, the salary survey has shown that the most common factor behind business school graduates’ salary increases is the general pay raise agreed upon in collective labor agreements. Negotiations on these agreements are currently underway in many industries.
“A general pay raise is not a given. This is one reason why negotiations are currently at a standstill. The goal is to agree on an increase that helps restore purchasing power, which has been eroded by inflation in recent years. General pay raises also impact sectors and employee groups that do not have their own collective agreements. That’s why they are important for our members as well, about half of whom are not covered by a collective agreement,” says labor market director Riku Salokannel.
Facts about the salary survey:
- 4,563 respondents
- Provides a cross-section of the salary level of Suomen Ekonomit members
- Results reflect full-time earnings in October 2024 (incl. fringe benefits)
- 54% of respondents were experts, 18% middle management representatives and 22% in managerial positions
- 76% of respondents worked in the private sector, 7% in the public sector and 6% in municipal sector
- 63% of respondents were women and 37% men
- The average number of years of work experience of respondents was 17 years
More information:
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