- No statutory minimum wage
- No statutory minimum — collective agreements (TES)
- Wages set through collective bargaining agreements
How the Collective Agreement System Works
Finland uses a system of generally applicable collective agreements (yleissitovat työehtosopimukset, or TES). These agreements are negotiated between trade unions and employer organizations and, once declared generally applicable by the Ministry of Social Affairs, they set binding minimum terms for all workers in that sector — even those not in a union. Around 89% of workers are covered. Effective minimums typically range from €1,800-€2,300 per month.
EU Minimum Wage Ranking
While Finland does not have a statutory minimum wage, here is how EU countries with statutory minimums compare. Collective bargaining in Finland typically results in higher effective minimums than most of these countries.
Related Pages
Vanliga frågor
Does Finland have a minimum wage in 2026?
No, Finland does not have a statutory minimum wage. No statutory minimum — collective agreements (TES). Minimum pay levels are set through collective bargaining agreements between employers and trade unions.
How are wages determined in Finland without a minimum wage?
In Finland, wages are determined through collective agreements negotiated between trade unions and employer associations. These sector-specific agreements set minimum pay levels for each industry and are often legally binding.
What is the typical minimum pay in Finland?
While there is no legal minimum, most collective agreements in Finland set effective minimum wages that are often higher than statutory minimums in other EU countries, typically ranging from €1,500 to €2,500/month depending on the sector.
Will Finland introduce a statutory minimum wage?
The EU Minimum Wage Directive (2022/2041) requires member states to promote adequate wages. However, Finland has maintained its collective bargaining model, which the directive also recognizes as a valid approach when it covers at least 80% of workers.
How does Finland compare to EU countries with statutory minimums?
Despite having no statutory minimum, workers in Finland generally earn higher minimum pay through collective agreements than workers in many countries with legal minimums. The effective minimum typically exceeds €2,000/month in most sectors.