Salaries
July 14, 2023
10
min read

Average Salary in The Netherlands

Krissy Davis

The Netherlands is a place where tulips bloom, windmills spin, and a progressive culture thrives. It's not just a pretty picture, though. Thanks to its booming startup scene, this country is also a hotbed of innovation and a magnet for talented individuals and investors alike.

Whether you are a curious traveller, an aspiring expatriate, or simply someone interested in global economics, understanding the average salary in the Netherlands can provide valuable insights into this vibrant country's lifestyle and economic landscape. 

In this article, we’ll dive deeper into the topic of salaries in the Netherlands and explore how income varies across different age groups, occupations, and education levels.

Average Salary in the Netherlands 2023 

According to the Netherlands Bureau for Economic Policy Analysis, the average gross income for a person working in the Netherlands in 2023 is €34,260 euros per year or €2,855 per month. It is projected that for the years 2024-2025, this amount will increase to €41,000 annually. 

When compared to other developed nations, salaries in the Netherlands are considered average and slightly below those in the US and UK. Nonetheless, the Netherlands is recognised for upholding a healthy work-life balance. Studies indicate that only about 0.3% of employees are working long hours, which is significantly lower than the global average of 10%. Additionally, research shows that full-time workers in the Netherlands spend over 60% of their day on personal care and leisure activities, making it an ideal location for those who prioritise these values.

Average salary in the Netherlands by city

Based on data from Payscale, the average salaries in the Netherlands by city are as follows: 

City Average Salary (EUR)
Amsterdam 52,000
The Hague 50,000
Eindhoven 50,000
Rotterdam 47,000
Utrecht 47,000
Nijmegen 45,000
Almere 44,000
Breda 44,000
Groningen 41,000
Tilburg 39,000

As per the above data, Amsterdam stands out as a place where you will be generously rewarded for your hard work. Compared to other cities in the country, Amsterdam offers higher compensation rates, which can be attributed to several factors that contribute to the city's economic strength. Amsterdam is the start-up capital of the Netherlands and a thriving hub for various industries, including finance, technology, creative arts, and tourism. 

Average salary in the Netherlands by profession

The below data shows the most high-demand job sectors in the Netherlands and how much, on average, you can expect to be paid:

Sector Average Salary (EUR)
Finance (Manager) 71,883
IT 50,326
Engineering (Mechanical) 49,761
Healthcare (Public) 46,000

Did you know that the world's first stock exchange was established in the Netherlands? This explains why Dutch people are very particular about their finances. It also comes as no surprise that the finance sector is the profession that pays the highest wages on average.

Next on the list is the IT sector, with an average decent wage of 50,326 euros annually. Given that the country is considered a tech hub and home to the headquarters of several established big companies, it's no surprise that the IT sector has the highest job demand.

Further analysing salaries in the Netherlands by profession 

Now you know what the most popular job sectors are in the Netherlands, let's dive even further into each one. We’ve picked the three most popular career paths from each sector and have given you their corresponding average salaries.  

1. Finance

The Dutch Ministry of Finance has been dedicated to fostering a robust financial sector in the Netherlands to ensure a strong supply of finance jobs. Due to its advantageous location in Europe, the Netherlands has always been considered a highly desirable location for financial institutions. Here are three of the most applied-for jobs in the finance sector: 

Role Average Salary (EUR)
Accountant 45,000
Financial Analyst 47,913
Financial Assistant 39,191

2. IT

As previously mentioned, the Netherlands is an excellent location for IT professionals. With the increasing number of tech companies setting up shop in the country, the demand for roles in this field is growing. Below are the most popular job roles and their average yearly salary.

Role Average Salary (EUR)
Software Developer 64,500
Data Analyst 42,942
Information Technology (IT) Manager 66,149

Related: Software Developer Salary in The Netherlands 

3. Engineering (Mechanical)

The Netherlands is a small country with a high population density. As a result, the government places a strong emphasis on developing housing, drainage systems, roads, and supermarkets within limited space. Therefore, creative engineers with innovative design concepts are greatly valued in the Netherlands. 

Role Average Salary (EUR)
CAD Technician 53,670
Maintenance Engineer 42,250
Civil Engineer 49,527

4. Healthcare

In the Netherlands, healthcare is generally of high quality. However, individuals residing in the country are required to obtain health insurance to cover the expenses of essential care, which can be expensive. Over the years, the government have been raising healthcare spending to guarantee accessible and top-notch healthcare services for its people. Consequently, this boost in investment translates into more employment prospects in the healthcare industry.

Role Average Salary
Registered Nurse 35,000
Pharmacist 42,000
Dentist 58,975

Average salary in the Netherlands by the highest-paid profession

According to Salary Explorer, here’s the list of some of the most profitable job positions that offer high-paying salaries.

Profession Average Salary (EUR)
Surgeons 192,000
Magistrate Judge 168,100
Lawyers 113,000
Bank Managers 102,000
Chief Executive Officers 125,700
Chief Financial Officers 114,000
Orthodontists 164,000
Pilots 99,800

Average salary in the Netherlands by age

The Netherlands Enterprise Agency states that 15-year-old children can do light work without supervision after school and during holidays. However, they are not permitted to operate machines or work in a factory. Additionally, they are entitled to receive the minimum youth wage of €27.62 per day.

Age Average Salary (EUR)
15-25 years old 10,600
25-45 years old 36,400
45-65 years old 42,400
65 years and over 24,900

Average salary in the Netherlands by education level

Education in the Netherlands is of a high standard in both public and private schools. More than 80% of adults in the country have completed secondary school, and about one-third of them have a university degree, which is higher than the international average.

According to Statista, Individuals with a higher level of education earned an average salary of over 46.7 thousand euros per year, whereas those with a lower education level earned an average of approximately 28.5 thousand euros annually. This data highlights the significance of education in the Netherlands.

Education Level Average Salary (EUR)
University degree or higher 46,665
Course certificate or equivalent 32,695
Secondary school graduate 36,500
Non-graduates 28,535

Average salaries in other European countries

We recognise that Europe is a popular location for foreign job seekers. To assist in selecting a suitable country, we have gathered data on salary ranges across various European nations. The following articles may prove beneficial:

Country Average Annual Salary (Euros)
Austria €31,407
United Kingdom €30,031
Switzerland €84,159
Germany €49,260
Poland €20,390
France €39,800
The Netherlands €34,260
Portugal €22,000
Italy €35,561
Spain €29,113
Norway €56,810
Sweden €43,690
Russia €12,208
Greece €15,335
Finland €47,688

Factors to consider when it comes to the average salary in the Netherlands

When looking at the average salary in the Netherlands, several factors should be taken into account to provide a more accurate understanding. All the data provided in our article are estimated averages, and the factors below should be considered. 

  1. Work experience: The number of years of work experience in a particular field can impact salary levels. Generally, individuals with more experience tend to earn higher salaries.
  2. Education and skills: The level of education and specific skills possessed by an individual significantly influence their earning potential. Higher education degrees or specialised qualifications often lead to higher salaries.
  3. Sector and industry: Different sectors and industries offer varying salary levels. Finance, technology, engineering, and healthcare professions typically offer higher salaries than retail or hospitality sectors.
  4. Company size: The size of the company also plays a role in determining salaries. Larger organisations often have more resources to offer higher wages.
  5. Job title and responsibilities: The nature of the job and its level of responsibility affect salary levels. Higher-ranking positions or roles with greater decision-making authority tend to come with higher compensation.
  6. Location: Salaries can differ depending on the region within the Netherlands. Generally, urban areas and cities like Amsterdam, Rotterdam, or The Hague offer higher salaries compared to rural areas.
  7. Collective Labour Agreements: Many employees in the Netherlands are covered by collective labour agreements (CAOs). These agreements set the minimum salary levels for specific industries and professions.
  8. Market demand and supply: The demand and supply of skilled professionals in a particular field can impact salaries. If there is a shortage of qualified professionals, salaries tend to be higher.
  9. Gender pay gap: Gender inequality in the workplace can be a factor affecting salaries. Historically, women have earned lower salaries compared to men for similar positions. However, efforts are being made to address this issue.

Average Salary in The Netherlands

July 14, 2023
10
min read

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