hi,
I'm getting a job offer in Finland, the starting salary isn't really attractive and I worry as I have a spouse & 2 kids.
I'm in the midst of calculating the estimated finances if we were to move there from my country...
Just wondering what's the average increment rate for IT professionals in Finland espoo to helsinki area...
back home in my country the rates can go as high as above 30% if there's promotion involved, but averages around 3-5% per annum for average performance, for those high performing perhaps 5-15% depending on the employer ofcos....does Finland have similar or a much lower rate for increment?
what's the typical average increment rates in Finland?
Re: what's the typical average increment rates in Finland?
Impossible to tell. You'll get very different answers from different people depending on the field, company, individual reasons, and a bunch more.
There was a similar discussion recently (viewtopic.php?f=3&t=92019). You can easily conclude that there are very big differences and you cannot build even a basic general idea.
What's the base salary you got? In which field? (just "IT" isn't enough) In which industry? Doing what? On what level?
With this information, maaaaaaaaaybe you can get a somewhat good estimate.
There was a similar discussion recently (viewtopic.php?f=3&t=92019). You can easily conclude that there are very big differences and you cannot build even a basic general idea.
What's the base salary you got? In which field? (just "IT" isn't enough) In which industry? Doing what? On what level?
With this information, maaaaaaaaaybe you can get a somewhat good estimate.
Every case is unique. You can't measure the result of your application based on arbitrary anecdotes online.
Re: what's the typical average increment rates in Finland?
11years of working experience, currently a consultant going to be senior consultant soon in my home country,
had 32% & 27% increment in my previous promotions back in my home country....
was offered 4500eur/mth...is it a good offer to accept?
background:
technical & functional consulting field in business operation process optimization...mainly logistics & manufacturing experience
had 32% & 27% increment in my previous promotions back in my home country....
was offered 4500eur/mth...is it a good offer to accept?
background:
technical & functional consulting field in business operation process optimization...mainly logistics & manufacturing experience
Re: what's the typical average increment rates in Finland?
Your field seems to be narrow enough to warrant a higher salary. Personally, I think 4500 for what you're describing is too low.Keep in mind that this is offered to you not me, and I don't know your real worth.
My educated estimate would be somewhere between 5500-6000. Of course, I don't know the rest of your compensation package; whether you're getting housing allowance/assistance, company car and gas, etc.
In the end you know your own worth and your own situation better than anybody on the internet. Try to negotiate a better salary and ask about their "career advancement model".
4500 becomes roughly 3020 after taxes, while 6000 becomes ~ 3790. So keep this in your mind.
My educated estimate would be somewhere between 5500-6000. Of course, I don't know the rest of your compensation package; whether you're getting housing allowance/assistance, company car and gas, etc.
In the end you know your own worth and your own situation better than anybody on the internet. Try to negotiate a better salary and ask about their "career advancement model".
4500 becomes roughly 3020 after taxes, while 6000 becomes ~ 3790. So keep this in your mind.
Every case is unique. You can't measure the result of your application based on arbitrary anecdotes online.
Re: what's the typical average increment rates in Finland?
yea, they initially offered even lower, 4k only, and i would definitely say no to that, i asked for 5.5 indeed and they said they had a pay range for their employee and it's not possible to meet my demanded salary, thus their final offer came to 4.5 with a bonus of 1 month per annum,
no housing no car no gas no flight.....
i really like the idea of migrating to Europe and moving into Finland, I'm from south east asia and things aren't looking really good in my home country.
my only worry now is would 3k of disposable income per month be sufficient for my family to survive there, i have a non working spouse ( used to work in my homeland and gets a disposable income of roughly 788eur per month by just working 20hrs a week - it was a part time contract job) and 2 kids,
aged 6 and 1 respectively.
would i be able to get any sort of assistance at all from kela's allowances? the head hunter kept using this as a way to compensate the low salary offered by the company.
based on numbeo comparison http://www.numbeo.com/cost-of-living/comparison.jsp
espoo's living expenses is 1.7x higher than my current city. +my current disposable income of my current job is estimated to be giving a living standard of 3295EUR/mth already if we multiple the actual disposable income with 1.7.....
Consumer Prices in Espoo are 67.42% higher than in XXX
Consumer Prices Including Rent in Espoo are 71.19% higher than in XXX
Rent Prices in Espoo are 81.53% higher than in XXX
Restaurant Prices in Espoo are 238.26% higher than in XXX
Groceries Prices in Espoo are 30.18% higher than in XXX
Local Purchasing Power in Espoo is 24.40% higher than in XXX
however, despite all the above facts, healthcare and childcare as well as education has to be self-funded in my home country although I am paying about 26% of taxes to the government.
healthcare would cost roughly 450EUR/mth for whole family's premium, and childcare and education for my children currently cost about 300EUR/mth
so roughly speaking i'll be getting about 300 eur per month less, but i was told childcare allowance and non working spouse can be entitled to similar amount?
is that true?
no housing no car no gas no flight.....
i really like the idea of migrating to Europe and moving into Finland, I'm from south east asia and things aren't looking really good in my home country.
my only worry now is would 3k of disposable income per month be sufficient for my family to survive there, i have a non working spouse ( used to work in my homeland and gets a disposable income of roughly 788eur per month by just working 20hrs a week - it was a part time contract job) and 2 kids,
aged 6 and 1 respectively.
would i be able to get any sort of assistance at all from kela's allowances? the head hunter kept using this as a way to compensate the low salary offered by the company.
based on numbeo comparison http://www.numbeo.com/cost-of-living/comparison.jsp
espoo's living expenses is 1.7x higher than my current city. +my current disposable income of my current job is estimated to be giving a living standard of 3295EUR/mth already if we multiple the actual disposable income with 1.7.....
Consumer Prices in Espoo are 67.42% higher than in XXX
Consumer Prices Including Rent in Espoo are 71.19% higher than in XXX
Rent Prices in Espoo are 81.53% higher than in XXX
Restaurant Prices in Espoo are 238.26% higher than in XXX
Groceries Prices in Espoo are 30.18% higher than in XXX
Local Purchasing Power in Espoo is 24.40% higher than in XXX
however, despite all the above facts, healthcare and childcare as well as education has to be self-funded in my home country although I am paying about 26% of taxes to the government.
healthcare would cost roughly 450EUR/mth for whole family's premium, and childcare and education for my children currently cost about 300EUR/mth
so roughly speaking i'll be getting about 300 eur per month less, but i was told childcare allowance and non working spouse can be entitled to similar amount?
is that true?
Re: what's the typical average increment rates in Finland?
For your Kela questions, I know very little about their system, but their online pages seem to have a lot of information http://www.kela.fi/web/en/families , but my cursory check indicates that your wife would be entitled to some unemployment and childcare benefits.
Another factor when thinking about the salary is the income requirements for the residence permit for your family http://www.migri.fi/moving_to_finland_t ... equirement
To be honest, I think very few people move to Finland for the money. Unless you're coming here as a golden-arser with a minimum 8-9k/month salary, then you're not coming here for the money. Most people who have families would come for better life standards, nicer environment to raise kids, etc. So factor that in your decision.
As for your other question, I think 3k should be enough in your case, but forget about any savings. If you live away from city centres, do good budgeting, and generally be fiscally responsible, I think 3k shouldn't be a problem at all.
Another factor when thinking about the salary is the income requirements for the residence permit for your family http://www.migri.fi/moving_to_finland_t ... equirement
To be honest, I think very few people move to Finland for the money. Unless you're coming here as a golden-arser with a minimum 8-9k/month salary, then you're not coming here for the money. Most people who have families would come for better life standards, nicer environment to raise kids, etc. So factor that in your decision.
As for your other question, I think 3k should be enough in your case, but forget about any savings. If you live away from city centres, do good budgeting, and generally be fiscally responsible, I think 3k shouldn't be a problem at all.
Every case is unique. You can't measure the result of your application based on arbitrary anecdotes online.
Re: what's the typical average increment rates in Finland?
Thanks, indeed that is what I'm looking forward for...
Re: what's the typical average increment rates in Finland?
So this means eventually i must be able to meet 3100 / month salary if i have 2 children all grown up?Beep_Boop wrote:For your Kela questions, I know very little about their system, but their online pages seem to have a lot of information http://www.kela.fi/web/en/families , but my cursory check indicates that your wife would be entitled to some unemployment and childcare benefits.
Another factor when thinking about the salary is the income requirements for the residence permit for your family http://www.migri.fi/moving_to_finland_t ... equirement
To be honest, I think very few people move to Finland for the money. Unless you're coming here as a golden-arser with a minimum 8-9k/month salary, then you're not coming here for the money. Most people who have families would come for better life standards, nicer environment to raise kids, etc. So factor that in your decision.
As for your other question, I think 3k should be enough in your case, but forget about any savings. If you live away from city centres, do good budgeting, and generally be fiscally responsible, I think 3k shouldn't be a problem at all.
ok, i hope after the many years of working i am allowed to get an increment to get that extra 100/month inch? my eldest is only 6 years old now.... hahahaha
ok so it should not be a problem to get the permit at least.....but i would hope i can still fly home on winter holidays at least once a year.....the cost of flights would be 500-600 eur per person roughly....do u think it's possible to save 4800 eur per annum with that salary? this means every month i have to save at least 400 eur....which according to the estimation suggested by the guide of the sums required for a secure income in Finland is just about right....with my disposable income....
question now is how reliable is the suggestion?
