Skip to main content

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 flag Finland Cayman Islands flag Cayman Islands

Updated 2026-05-04

Finland flag Finland

No statutory minimum wage

Avg. Gross Salary

€3,900 /mo

Cayman Islands flag Cayman Islands

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

Detailed wage comparison between Finland and Cayman Islands
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.