This year's best-paying company is Chinese telecom company Huawei – which has climbed to first place. Here, 194 employees receive an average annual salary of 2.3 million. In second place is a software company and in third place is a security company. For the first time, all companies on the top list give their employees over one million kronor in average annual salary. The majority operate in tech, investment and pharmaceuticals – but there are also housing companies, elite football teams and tobacco sellers.
Credit information company Creditsafe presents the companies that pay the highest average salary to their employees. The list includes Swedish limited liability companies with at least 50 employees and is based on the companies' own financial statements submitted to the Swedish Companies Registration Office.
The number of companies with millions in salaries is growing rapidly
This year's top salary list includes six companies that pay over two million kronor in average annual salary, where the first place also pays a million more than the second place. In just two years, the number of Swedish companies offering salaries in the million range has risen from 82 to a whopping 136. In addition, 17 of the 20 highest-paying companies have increased their salaries compared to the previous year.
– We see a clear increase in salaries on the top 100 list. These are successful companies that have developed strongly in the past year and that strive to attract the most qualified and ambitious talents. Inflation has likely contributed to the salaries being pushed up, and to retain the best, higher salaries are required, says Henrik Jacobsson, CEO of Creditsafe.
28 newcomers on the list
The first new company is the consulting company Oliver Wyman in ninth place, with an average annual salary of SEK 1,853,000. Next comes the joint project of the Nordic banks P27 Nordic Payments Platform, which lands in 12th place with an average salary of SEK 1,796,000 per employee.
Among this year's newcomers There is also the oil refinery St1 Refinery AB, the gaming giant EA Digital Illusions CE, the cybersecurity company Yubico and the housing developer Bonava. In addition, the American entertainment company Walt Disney Company Nordic is making a comeback.
Of the 28 new companies on this year's list is 10 pharmaceutical companies. However, overall, the number of pharmaceutical companies is the same as the previous year.
Well-filled salary envelopes in tech
Tech companies, finance companies and pharmaceutical companies make up 66 of the 100 highest paying companies and continue to dominate the payroll list. The biggest increase this year is in technology companies, and above all, more SaaS (Software as a Service) companies are taking up a larger place on the list.
– We see a record representation of technology companies on the payroll, which clearly reflects how the tech sector is leading the way in innovation and digital transformation. High salary levels, often combined with extensive bonus packages, demonstrate the tough competition for the best skills. It is not only about attracting new talent, but also about retaining key people who drive the companies' success, says Henrik.
High compensation is also found at several parent companies from industry and manufacturing, such as SSAB, Atlas Copco, Volvo, SKF, IKEA and Getinge. These are particularly global players with advanced technical solutions. The list also includes consulting companies, telecom giants, law firms and security companies.
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Venture capital firm EQT Partners consolidates its position as Sweden's best-paying company, with an average annual salary of SEK 3,643,000 for its 153 employees. Compared to the previous year, salaries have increased by a whopping 648,000 SEK per employee. Over the past decade, EQT has topped the list seven times. The parent company is also in 18th place.
In second place comes the American CRM system Salesforce, with an average salary cost of SEK 2,370,000 for its 509 employees. Also in third place is an American software company, Splunk, which pays SEK 2,263,000 per employee.
More women among top companies
The number of companies that have a majority of female employees has increased from 22 to 32 companies. This means that the high salaries go to women to a greater extent than before. Even the company at the top, EQT Partners AB, has a majority of female employees.
– The development shows a positive trend where companies with more women in the workforce strengthen their position on the payroll, says Henrik.
Almost 20,000 employees in the top companies
There are a total of 19,776 employees at the best-paying companies, an increase from 18,182. Of these, 42 percent are women, compared to 38 percent last year.
The largest employer is the music streaming service Spotify AB in place 43, with 1,706 employees and an average salary of SEK 1,353,000. The consulting company The Boston Consulting Group Nordic AB, in place 16, has 1,189 employees and an average salary of SEK 1,743,000.
Gothenburg has twice as many companies
Gothenburg takes a big step upwards – with an increase from three to seven companies. At the same time, both Stockholm and Malmö are losing companies. The Stockholm region has 81 companies on the list, which is two fewer than the year before, and this is the first time that Stockholm's dominance has not increased. The Malmö region has six companies on the list., two fewer than the year before.
Linköping, Gävle, Helsingborg and Skövde are also represented on the top 100 list.
The companies that are climbing the most
Telia Company AB has climbed 41 placements to 27th place this year. The company's 250 employees have an average salary of SEK 1,546,000 per year, an increase of SEK 390,000 compared to the previous year. Atlas Copco Aktiebolag has also advanced 35 placements to 38th place, with an average salary of SEK 1,390,000 per employee, which is SEK 262,000 higher than the previous year.
In conclusion, in this year's place 100 is the technology company Lenovo with an average salary of SEK 1,117,000 per employee. That is SEK 73,000 higher than the company in last year's last place.
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