Farm Owner salary in Saxony

Monthly Median Gross Salary €2,084.00
Based on 2,851 salaries.
Employees who earn less 2,199,979
10% of the employees earn less in Germany.
Employees who earn similarly 463,249
2% of employees earn similarly in Germany.

Age and gender data combined

The monthly median gross salary for Farm Owner in Saxony is €2,084.00.

Based on 2,851 gross salaries
  • 25% of Farm Owner employees earn less than €1,875.00,
  • 50% of Farm Owner employees earn between €1,875.00 and €2,375.00,
  • 25% of Farm Owner employees earn more than €2,375.00.

Salary variation by age

Medium gross salary, gender combined Farm Owner in Saxony with an age group of
  • 25 to 55 years will have a median salary of €2,121.00.
  • Above 55 years will have a median salary of €2,073.00. The difference between the previous and this age group's median salary is -2%.

Overview

Highest earner

The best-earning Farm Owner are Men of Above 55 age groups who live in West Germany. Their median salary is €2,702.00, which is a 30% increase over the median salary (€2,084.00) of the selected category.

In contrast to all full time employees in Germany

2,199,979 full-time employees in Germany subject to social insurance earn less than those working as Farm Owner in Saxony. This corresponds to about 10% of full-time employees. A similar gross salary is earned by 463,249 full-time employees subject to social security contributions, or 2%.

At the sector level, median earnings ranged from €5,160 in the banking, finance and insurance sector to €1,890 in the temporary employment sector, where very low-paid manual jobs are clearly overrepresented.

Higher wages are generally associated with employment in larger companies and with longer periods of employment.

Professions in which women earn more than men

Professions in which women earn less than men

The 25-55 age group earns more than the 55+ age group

Highest entry level jobs (under 25)

Core group among full-time employees subject to social security contributions

The evaluations of the characteristic "gross monthly salary" are restricted to the core group among full-time employees subject to social insurance. The core group includes the following groups of persons from the registration procedure for social insurance:
  • Employees subject to social security contributions without special characteristics
  • Spart-time farmers
  • Spart-time farmers seasonal
  • Unemployed persons (employer's declaration)
  • Insurance-free old-age pensioners and old-age pensioners
  • Sailors
  • Seafarers
  • Maritime workers who are exempt from compulsory old-age pension insurance and old-age pensioners
  • Non-permanent employees (Reporting of the health insurance fund)

What Is Median Salary?

Median

A median wage is a number that takes into account several wages and arranges them in ascending or descending order. The median salary is the salary that is in the middle of the sorted salaries. So if you see a median salary, you can be sure that half of the indicated salaries are lower and half are higher.

The exact middle number in a list is called the median. For example, the median of a sorted list of numbers 2300, 2400, 2500, 2600, 2700, 2800 and 6000 is 2600 because half the numbers are lower and half are higher.

Mean

Mean wages are calculated by summing up all of the salaries on a list and dividing by the number of salaries on the list. This is important to remember while examining wages, since it implies that extremely high and extremely low incomes are weighted equally in the final average. When data includes a few abnormally high or low wages, mean salary reporting might be misleading.

Rather of looking for the middle number in the list, the mean is calculated by using additions and division. For example, to calculate the mean of 2300, 2400, 2500, 2600, 2700, 2800 and 6000 add them all together to get 21300. Divide them by 7, which is the number of entries on the list, and you get 3042.85.