Home > Salary > Finland > Component Engineer
A component engineer is responsible for the selection, evaluation, and qualification of electronic components used in various products. They work closely with design engineers, suppliers, and manufacturers to ensure that the chosen components meet the required specifications and standards. The role involves researching and analyzing component technologies, conducting tests and evaluations, and providing recommendations on the best components to use.
Component engineers are also responsible for managing the component database and ensuring accurate documentation of specifications, availability, and pricing information. They play a vital role in cost reduction and quality improvement initiatives by identifying alternative components or suppliers that offer better performance or lower costs. Additionally, they may collaborate with cross-functional teams to resolve component-related issues, such as obsolescence or supply chain disruptions.
Estimated Yearly Salary: 89,966 EUR
Estimated Monthly Salary: 7,497 EUR
Estimated Weekly Salary: 1,730 EUR per week
Estimated Hourly Salary: 43 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 7,258 EUR
Estimated Weekly Salary: 1,675 EUR per week
Estimated Hourly Salary: 42 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 90,398 USD
Estimated Monthly Salary: 7,533 USD
Estimated Weekly Salary: 1,738 USD per week
Estimated Hourly Salary: 43 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
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Estimated Yearly Salary: 89,966 EUR
Estimated Monthly Salary: 7,497 EUR
Estimated Weekly Salary: 1,730 EUR per week
Estimated Hourly Salary: 43 EUR per hour
By working as Component Engineer a person can save up to 5,359 USD per month or 64,305 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Finland, see costs of living in Finland.
Estimated Yearly Salary for Component Engineer
Last revision of data: 2025-01-04
Data as of 2025
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Component Engineer salary in Finland
Average Yearly Salary of Component Engineer in Finland is approximately 89,966 EUR (90,398 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Component Engineer do?

Skills: Component Engineer, Electronic Components, Evaluation, Qualification, Supply Chain Management, Cost Reduction
Job industry: Engineering
Job industry: Engineering
How much does Component Engineer make?
Salary details
How much does Component Engineer make?Estimated Yearly Salary: 89,966 EUR
Estimated Monthly Salary: 7,497 EUR
Estimated Weekly Salary: 1,730 EUR per week
Estimated Hourly Salary: 43 EUR per hour
Comparing salary to last year:
Estimated Yearly Salary: 87,101 EUREstimated Monthly Salary: 7,258 EUR
Estimated Weekly Salary: 1,675 EUR per week
Estimated Hourly Salary: 42 EUR per hour
Component Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 90,398 USD
Estimated Monthly Salary: 7,533 USD
Estimated Weekly Salary: 1,738 USD per week
Estimated Hourly Salary: 43 USD per hour
Difference in salary year over year or average salary increase is approximately
About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Finland, officially known as the Republic of Finland, is a Nordic country located in Northern Europe. With a population of approximately 5.5 million people, it is one of the most sparsely populated countries in Europe. Covering an area of around 338,455 square kilometers, it is the eighth largest country in Europe.
Estimated national average yearly salary is 49,468 EUR (54,360 USD). Value indicated is pre-tax. Below graph shows estimated Component Engineer job salary compared to average salary in Finland.
Comparison shows that a person working as Component Engineer in Finland earns on average:
1.82 times the average salary (or 182% of average salary).
Estimated national average yearly salary is 49,468 EUR (54,360 USD). Value indicated is pre-tax. Below graph shows estimated Component Engineer job salary compared to average salary in Finland.
Comparison shows that a person working as Component Engineer in Finland earns on average:
1.82 times the average salary (or 182% of average salary).
Is Component Engineer a well paid job?
Yes, our data shows that Component Engineer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Component Engineer?
High salary for Component Engineer would be somewhere between 98,963 EUR and 130,451 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Component Engineer in Finland?
Living in Finland the approximate monthly expenses are: 2,174 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 89,966 EUR
Estimated Monthly Salary: 7,497 EUR
Estimated Weekly Salary: 1,730 EUR per week
Estimated Hourly Salary: 43 EUR per hour
By working as Component Engineer a person can save up to 5,359 USD per month or 64,305 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Finland, see costs of living in Finland.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Norway, Russia, Estonia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Component Engineer
Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Finland
(567,124 EUR per year, pre-tax.)
2. Cardiologist
(472,971 EUR per year, pre-tax.)
(455,823 EUR per year, pre-tax.)
(442,923 EUR per year, pre-tax.)
5. Neurosurgeon
(440,800 EUR per year, pre-tax.)
6. Oncologist
(432,475 EUR per year, pre-tax.)
(431,745 EUR per year, pre-tax.)
(431,039 EUR per year, pre-tax.)
(430,553 EUR per year, pre-tax.)
(430,511 EUR per year, pre-tax.)
Random salary:
Margin clerk (41,962 EUR per year, pre-tax.)
Director housekeeping (60,437 EUR per year, pre-tax.)
Production planning manager (84,138 EUR per year, pre-tax.)
Neurophysiology technologist (eeg) (51,550 EUR per year, pre-tax.)
Cobra specialist (36,736 EUR per year, pre-tax.)
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