Are you planning to move to Sweden, or are you planning to support your family by giving financial support, or do you just want to start your first job and you want to know what is the minimum salary in Sweden? Well, don’t worry we are here to discuss with you all about this query.
It’s difficult to assume the minimum salary. So, one of the most common questions asked is the minimum salary in Sweden or minimum wages, Right? Well, this information is very crucial, especially if you are planning to work here in Sweden.
So here we have collected some information about this query to guide you and help you to understand, what you expect when it comes to know about the minimum wage in Sweden, so let’s know some crucial information.
Minimum wage
Let’s talk about this topic, a query that no one can talk about but wants to talk about the minimum wage. The most important clarification is that in Sweden, there are no legislated minimum wages. Well, I think you might be surprised after knowing this to learn that Sweden is much like Denmark, which does not have a legal mandate for minimum wages.
And you know what, instead of these, each sector has a typically decided there minimum wage through the collective bargaining agreement, which means the trade unions and the employer association negotiate and also agree on the wages. So this is a unique system that has its roots deep in Swedish labour history.
It’s fine, don’t worry it does not mean that you will be left unsteady or in a sudden movement. Sweden is fully aware of their responsibilities toward their employees. Well, we can only give a general guide that you can expect an actual minimum wage in Sweden to be about SEK 130 per hour.
And it’s obvious that the salary wage only depends upon the industry and your level of experience. So, what does it look like in an abroad context? Want to know how it looks, if you are working full-time, which will be typically 40 hours per week in Sweden, so you can expect to earn approx SEK 20,800 in a month.
Example:
But don’t forget that this is a gross salary, so the taxes will also be deducted from this amount, for your better understanding we are here presenting the idea, to clearly know the statement, which is to break it down into different currencies.
| Minimum Wages | Svenska Krona | Rupees | Euro | USD |
| Hourly | SEK 130 | INR 1,208.87 | €12.30 | $14.50 |
| Monthly | SEK 20,800 | INR 1,93,418 | €1,968 | $2,320 |
| Yearly | SEK 249,600 | INR 23,21008.27 | €23,616 | $27,840 |
Well, these are the rough estimates, but the amount can fluctuate which is based on current exchange rates. But this will give you a broad approximation of this figure and what to expect when it comes to minimum wages.
Let’s see one more example, as per the collective agreement, the salary of monthly minimum wage in certain sectors like 22,000 SEK, while hospitality industry, this could be about 19,000 SEK.
Well, without nationwide legal requirements, these numbers are purely showing an example and based on the most recent union negotiations and this is the subject which is to change.
Average Salary
Well, now here we have covered the minimum wage and unemployment benefits, so let’s talk about the average salary in Sweden. So after all, this is very good to know what you might expect to earn beyond the minimum wage.
Sweden is a developed welfare state that has a relatively small gap between the minimum wage and the average salary. So according to the latest statistics, the average salary in Sweden is approx SEK 27,300 after tax, it’s means that on average, as we discussed already people can earn more than minimum wage.
Well, it is important to note that the example we have discussed is just an average figure only. It means that your salary can vary depending on the level of experience, profession, and region in Sweden also where you will work. So in this case, jobs in larger cities like Gothenburg or Stockholm where pay more than jobs in smaller towns.
Don’t limit your expectations while the minimum wage gives you a baseline. So if you have the right skills and experience, then you could earn more than the minimum salary in Sweden, so just use your skills and get the chance to earn more as the expectation.
Gender Wage Gap
Well, yes in Sweden also there is the same discussion on salary that it is incomplete without addressing the gender wage gap. If we talk about a global leader in gender equality and its progressive policies to promote the workplace in Sweden they are still experiencing a wage disparity between women and men.
According to recent statistics, there is a difference of around 10%, which means earning about 90% of what men earn for similar work. It means the gap is smaller than in many other countries.
So, this wage gap can be influenced by several factors including Part-time work, occupational segregation, senior roles, career interruption, and negotiation differentials. They also have taken several measures to narrow the gap which include Parental leave policies, transparency laws, and Gender equality policies.
Wrapping Up
Thus, as we discussed all the details in this article, right? So here we have discussed all those topics, that you can’t discuss with others. We have mentioned all single details that will definitely help you in the future or it can also help you to know your answer which you will find here on this page. If you want the best credit card in Sweden, click here.
We hope our article on minimum salary in Sweden is informative for you, and also helps you to discuss whether you want to start your career here in Sweden or not. Well, it’s totally your decision, so make it carefully by knowing the all information.
