Key Facts: Finland vs Cayman Islands Wages
- Finland Minimum Wage
- No statutory minimum wage
- Cayman Islands Minimum Wage
- $8.75/hr ($10.50 USD)
- Finland Avg. Gross Monthly Salary
- €3,900 /mo ($4,541.75 USD)
- Data Sources
- Ministry of Economic Affairs and Employment (Työ- ja elinkeinoministeriö) (2026-02-24), Cayman Islands Government — Department of Labour and Pensions (2026-05-04)
Finland
Cayman Islands
Updated 2026-05-04
Minimum Wage
$8.75 /hr
$10.50 USD
Finland has no statutory minimum wage, while the Cayman Islands sets a floor of $11/hr.
Detailed Comparison
| Metric | Finland | Cayman Islands |
|---|---|---|
| Minimum wage /hr | None | $8.75 $10.50 |
| Minimum wage /mo | None | $1,516.67 $1,820.08 |
| Minimum wage /yr | None | $18,200 $21,840.87 |
| Avg. gross salary /mo | €3,900 /mo $4,541.75 | N/A/mo |
| Avg. net salary /mo | €2,700 /mo $3,144.29 | N/A/mo |
| Median individual income /yr | €35,000 /yr $40,759.29 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Finland is higher.
Work Week
- 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.
- Cayman Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours under the Labour Act.
See this comparison from Cayman Islands's perspective: Cayman Islands vs Finland
Compare Finland with...
Frequently Asked Questions
Is the minimum wage higher in Finland or Cayman Islands?
In Finland, the minimum wage is no statutory minimum wage. In the Cayman Islands, it is $8.75/hr ($10.50 USD).
How do work hours compare between Finland and Cayman Islands?
Both Finland and Cayman Islands 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.