Nearly every second Dane happy with their salary - The Post

Nearly every second Dane happy with their salary

Most expect their salary will remain constant until retirement

The average Dane earns 294,000 kroner per year (photo: Sara E)
March 10th, 2016 3:17 pm| by Lucie Rychla

Some 47 percent of Danes are satisfied with their monthly salary, reveals a new survey carried out by Epinion for DR.

Moreover, some 71 percent of the interviewed do not expect their wages to drop or increase significantly until retirement.

READ MORE: Danes getting better at managing their money

Not good for economy
We Danes put our expectations relatively low,” Anders Drejer, a professor of economics and management at Aalborg University, told DR.

Politicians and employers are probably very pleased with the results of the survey. But it is not necessarily healthy for the economy that the population has low ambitions.”

READ MORE: Men’s pension savings exceed women’s by 25 percent

Low expectations
The average Dane earns 294,000 kroner per year – 24,000 kroner a month.

The survey also showed that 41 percent of Danes aged between 18-34 do not expect their salaries to increase dramatically before they retire.

“It may be because they are public employees who have lower expectations that they will get a pay-rise,” Drejer noted.

The average salary in the private sector is 39,000 kroner a month, according to Danmarks Statistik.