Average Veterinarian Salary in Åland Islands for 2024

In this article, we will look at the average Veterinarian salary for 2024 in Åland Islands and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol €.

How Much Does a Veterinarian Make in Åland Islands?

A Veterinarian working in Åland Islands will typically earn around 55,140 EUR per year, and this can range from the lowest average salary of about 28,820 EUR to the highest average salary of 82,520 EUR.

Average Annual Salary
55,140 EUR
Average Monthly Salary
4,595 EUR

Lowest Annual Salary
28,820 EUR
Lowest Monthly Salary
2,401 EUR

Highest Annual Salary
82,520 EUR
Highest Monthly Salary
6,876 EUR

These are average salaries for a Veterinarian in Åland Islands and include benefits such as housing and transport. It's also possible for a Veterinarian to earn more or less than the average salaries shown above.

Veterinarian salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Veterinarian Salaries in Åland Islands

So we've looked at the average salaries a Veterinarian will earn in Åland Islands. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Veterinarian can earn between 28,820 EUR and 82,520 EUR on average in Åland Islands. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Veterinarian in Åland Islands is 55,140 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 55,140 EUR, and 50% of the population earn more than 55,140 EUR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Veterinarian salary in Åland Islands, 25% of the population are earning less than 36,800 EUR while 75% of the population earn more than 36,800 EUR.

75% of the population earn less than 70,940 EUR, and 25% of the population earn more than 70,940 EUR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Veterinarian Salary by Experience Level in Åland Islands

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average veterinarian salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Veterinarian in Åland Islands that has less than two years of experience can expect to earn somewhere in the region of 31,520 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Veterinarian salary would increase to 41,480 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Veterinarian, the average salary would be 57,800 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 66,960 EUR.
  • 15 - 20 Years Experience. A Veterinarian with 15 to 20 years of experience can earn an average of 73,760 EUR.
  • 20+ Years Experience. For a Veterinarian with more than 20 years, the expected average salary increases to 77,860 EUR.

Average Salary by Experience Chart

0-2 Years
31,520 EUR
2-5 Years +32%
41,480 EUR
5-10 Years +34%
57,800 EUR
10-15 Years +19%
66,960 EUR
15-20 Years +8%
73,760 EUR
20+ Years +7%
77,860 EUR

Veterinarian Salary by Education Level in Åland Islands

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Veterinarian in Åland Islands based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Veterinarian in Åland Islands with a bachelor's degree education can earn an average salary of 40,600 EUR.

  • Master's Degree. A Veterinarian in Åland Islands with a master's degree education can earn an average salary of 57,360 EUR.

  • PhD. A Veterinarian in Åland Islands with a phd education can earn an average salary of 74,300 EUR.

Average Salary by Education Chart

Bachelor's Degree
40,600 EUR
Master's Degree +38%
57,360 EUR
PhD +32%
74,300 EUR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Åland Islands is around 18,200 to 54,600 EUR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Veterinarian Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Åland Islands, a male veterinarian will earn an average of 54,500 EUR, while a female veterinarian will earn around 50,620 EUR.

This means that a male veterinarian earns approximately 8% more than a female veterinarian for performing the same job.

Average Salary by Gender Chart in Åland Islands

Male
54,500 EUR
Female -8%
50,620 EUR

Veterinarian Average Pay Raise in Åland Islands

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Veterinarian in Åland Islands is around 8% every 30 months.

The national average pay raise across all professions and industries in Åland Islands is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 8 ÷ 30 ) × 12  = 3%

What this means is that a Veterinarian in Åland Islands can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Åland Islands for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Åland Islands.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Veterinarian Bonus and Incentive Rates in Åland Islands

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Veterinarian is a moderate bonus based job, with 63% of employees reporting at least one bonus in the last 12 months.

37% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 8%.

Received Bonus
63%
No Bonus
37%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Åland Islands earn approximately 17% more than private sector employees in the same role.

Public Sector
47,120 EUR
Private Sector -17%
40,240 EUR

Salaries for Jobs Similar to a Veterinarian

In the table below, we have salary information for jobs that are similar to a Veterinarian in Åland Islands.

Job Title Category Salary
Animal Breeder Pet Care 44,140 EUR
Animal Care Worker Pet Care 29,540 EUR
Animal Caretaker Pet Care 29,540 EUR
Animal Control Officer Pet Care 31,660 EUR
Animal Health Technician Pet Care 35,340 EUR
Animal Keeper Pet Care 31,520 EUR
Animal Scientist Pet Care 63,500 EUR
Kennel Attendant Pet Care 27,040 EUR
Kennel Technician Pet Care 27,040 EUR
Pet Sitter Pet Care 23,500 EUR
Veterinary Assistant Pet Care 38,060 EUR
Veterinary Office Manager Pet Care 61,460 EUR
Veterinary Receptionist Pet Care 27,300 EUR
Veterinary Technician Pet Care 39,960 EUR
Zoo Keeper Pet Care 38,180 EUR
Zoo Veterinarian Pet Care 54,560 EUR

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