Finland Turks and Caicos Islands

Updated 2026-05-04

Finland

No statutory minimum wage

Avg. Gross Salary

€3,900 /mo

Turks and Caicos Islands

Minimum Wage

$8 /hr

Finland has no statutory minimum wage, while Turks and Caicos Islands sets a floor of $8/hr.

Detailed Comparison

Detailed wage comparison between Finland and Turks and Caicos Islands
Metric	Finland	Turks and Caicos Islands	Diff
Minimum wage /hr	None	$8	—
Minimum wage /mo	None	$1,386.67	—
Minimum wage /yr	None	$16,640	—
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.
Turks and Caicos Islands: 40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours under the Employment Ordinance.

See this comparison from Turks and Caicos Islands's perspective: Turks and Caicos Islands vs Finland

Compare Finland with...

Finland vs United States $ 7.25 /hr

Finland vs China ¥ 25 /hr

Finland vs Germany € 13.9 /hr

Finland vs United Kingdom £ 12.71 /hr

Finland vs India ₹ 4,576 /mo

Finland vs Japan ¥ 1,121 /hr

Finland vs France € 12.02 /hr

Finland vs South Korea ₩ 10,320 /hr

Finland vs Canada C$ 18.1 /hr

Finland vs Australia A$ 24.95 /hr

Finland vs Brazil R$ 7.37 /hr

Finland vs Russia ₽ 156.31 /hr

Finland vs Mexico MX$ 9,583.52 /mo

Finland vs Indonesia Rp 33,058 /hr

Finland vs Netherlands € 14.71 /hr

Finland vs Saudi Arabia ﷼ 23.08 /hr

Finland vs Turkey ₺ 164.94 /hr

Finland vs Taiwan NT$ 190 /hr

Finland vs Switzerland

Finland vs Poland zł 31.4 /hr

Finland vs Thailand ฿ 10,400 /mo

Finland vs Sweden

Finland vs Argentina ARS 1,762 /hr

Finland vs Singapore

Frequently Asked Questions

Is the minimum wage higher in Finland or Turks and Caicos Islands?

In Finland, the minimum wage is no statutory minimum wage. In Turks and Caicos Islands, it is $8/hr.

How do work hours compare between Finland and Turks and Caicos Islands?

Both Finland and Turks and Caicos 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.