Table of Contents
How much should I earn in Norway?
Skilled workers earn a minimum of NOK 197.90 per hour, while unskilled workers with no experience should earn at least NOK 177.80 per hour. That rises to NOK 185.50 after one year’s experience. Young workers under the age of 18 must earn at least NOK 119.30.
What is the best salary in Norway?
Top Norway Salaries – By Job
| Activity | Average Salary | Salary Comparison |
|---|---|---|
| Finance Control & Strategy | $86,000 | 86000.0 |
| Executive Management & Change | $85,000 | 85000.0 |
| Sales & Business Development | $80,000 | 80000.0 |
| Engineering | $77,000 | 77000.0 |
What is a high salary in Oslo?
A very good salary would be above 1M NOK, that’s almost the salary level of the prime minister, for comparison. Senior management and executives might have salaries up to 2–3M NOK plus various bonuses and share options bringing the total up to between 5M and 20M NOK in the most extreme cases.
Are Norwegian salaries high?
Yes, the salaries are high in Norway but the difference of salary is one of the lowest in the world. If you have an academical education you will earn more in Sweden or Denmark!
What is the average Norwegian salary?
According to Statistics Norway (SSB), the average gross earnings in Norway is 48,750 NOK per month or 585,000 NOK per year. For elementary occupations, the monthly average is 34,640 NOK, whereas managing directors and chief executives earn 83,030 NOK before tax.
What is the basic salary in Norway?
The salary range for people working in Norway is typically from 23,528.00 NOK (minimum salary) to 73,315.00 NOK (highest average, actual maximum salary is higher).
Which job has high salary in Norway?
The following are the average annual salaries for top jobs in Norway….The Most In-Demand Jobs and How Much They Pay.
| Job | NOK | USD |
|---|---|---|
| Construction worker | 474,030 | 51,170 |
| HVAC engineer | 626,120 | 67,585 |
| Railway engineer | 579,795 | 62,585 |
| Teacher | 499,920 | 53,960 |
Why are salaries in Norway so low?
Wages in many sectors are set through collective agreements, and pay gaps are relatively narrow. The gender pay gap is also narrow, by international standards. The World Economic Forum ranks Norway third out of 144 countries in terms of wage equality for similar work.
What is the highest paid job in Norway?
The gross average annual salary in Norway is 636,690 NOK (69,150 USD)….The Most In-Demand Jobs and How Much They Pay.
| Job | NOK | USD |
|---|---|---|
| Construction worker | 474,030 | 51,170 |
| HVAC engineer | 626,120 | 67,585 |
| Railway engineer | 579,795 | 62,585 |
| Teacher | 499,920 | 53,960 |
Why are wages so high in Norway?
A key feature that defines the high cost of living in Norway is the increased tax rate. From income tax (starting at 28 percent) to value-added tax, Norway’s tax structure strengthens its egalitarian social system. This prevents wage-gaps and renders social classes in Norway to practically nonexistent.
What are the average salaries in Norway?
The average hourly wage (pay per hour) in Norway is 690 NOK. This means that the average person in Norway earns approximately 690 NOK for every worked hour. Hourly Wage = Annual Salary ÷ (52 x 5 x 8) The hourly wage is the salary paid in one worked hour.
What is the average income in Norway?
According to OECD, the most recent official records of average wages in Norway show an annual value of 579,820 NOK for 2019 – that was $54,027 in 2019, which meant a monthly average salary of 48,318 NOK, or $4,502.
What are the average salaries in the Netherlands?
Average salary in Netherlands is EUR 60,173 (US$ 73,616). Detailed salary report based on career, education, experience, gender, age etc. Advanced 2019/20 Survey.