Both the full-time and the part-time entrepreneur members of the Academic Engineers and Architects in Finland TEK earned more last year than in the year before. The median gross annual income from entrepreneurship was 60,000 euros for full-time entrepreneurs, compared to 53,500 euros in the year before.
The median income of part-time entrepreneurs rose from 2,200 to 3,000 euros. The median income of light entrepreneurs decreased from 2,000 to 1,500 euros. A light entrepreneur is a self-employed person who works like an entrepreneur, but does not start a company of their own. Light entrepreneurs invoice their customers through an invoicing service.
The data is based on the TEK labour market survey. According to the survey, 94 percent of TEK’s entrepreneur members who answered the survey represent micro-enterprises employing less than 10 people. 73 percent indicated that they are sole entrepreneurs. The average income of the entrepreneurs clearly exceeded their median income.
The average income was 72,525 euros for full-time entrepreneurs, 7,638 euros for part-time and 6,268 euros for light entrepreneurs. The average income was more or less the same as in the previous year.