Key Facts: Bermuda vs Finland Wages
- Bermuda Minimum Wage
- $17.13/hr ($17.13 USD)
- Finland Minimum Wage
- No statutory minimum wage
- Finland Avg. Gross Monthly Salary
- €3,900 /mo ($4,541.75 USD)
- Data Sources
- Government of Bermuda — Advancing a Fair and Sustainable Minimum Wage (2026-05-04), Ministry of Economic Affairs and Employment (Työ- ja elinkeinoministeriö) (2026-02-24)
Bermuda
Finland
Updated 2026-05-04
Unlike Finland, which has no statutory minimum wage, Bermuda mandates a wage floor of $17/hr.
Detailed Comparison
| Metric | Bermuda | Finland |
|---|---|---|
| Minimum wage /hr | $17.13 $17.13 | None |
| Minimum wage /mo | $2,968.87 $2,968.87 | None |
| Minimum wage /yr | $35,630.40 $35,630.40 | None |
| Avg. gross salary /mo | N/A/mo | €3,900 /mo $4,541.75 |
| Avg. net salary /mo | N/A/mo | €2,700 /mo $3,144.29 |
| Median individual income /yr | N/A/yr | €35,000 /yr $40,759.29 |
Percentage differences are based on USD equivalent values. Positive means Bermuda is higher.
Work Week
- Bermuda
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours under the Employment Act 2000.
- Finland
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours (Working Hours Act / Työaikalaki). Regular daily working hours are 8 hours. Overtime for the first 2 hours is compensated at 150% and subsequent hours at 200%. Maximum overtime is 250 hours per calendar year. EU Working Time Directive limits average to 48 hrs/week.
See this comparison from Finland's perspective: Finland vs Bermuda
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Frequently Asked Questions
Is the minimum wage higher in Bermuda or Finland?
In Bermuda, the minimum wage is $17.13/hr ($17.13 USD). In Finland, it is no statutory minimum wage.
How do work hours compare between Bermuda and Finland?
Both Bermuda and Finland mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.