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Excerpted from the Denmark Career Guide

Cost of Living

In general, prices are very high in Denmark compared to other European countries outside of Scandinavia, especially for housing, food, transportation and entertainment. However, salaries are also relatively high and services such as medical treatment and schools are paid for via taxes and the Danish welfare system.

Housing

Rents are regulated in Denmark. The country has a strong government-subsidized public housing component, and the private rental market is linked to pricing in the municipal public system where rates are calculated from the costs of construction and maintenance of the building.

Transportation

It’s very easy to get around in Denmark, and a large number of its residents favor the country’s excellent public transportation system. There are extensive road networks for both cars and bicycles. In fact, cycling has become one of the most common means of transport in Denmark, and it is estimated there are more than 4 million bicycles in the country.

Medical Care/Health Insurance

Denmark has a comprehensive public health care system comprising general and specialist practitioners, hospitals, health visitor services and pediatric dental care. Public health care in Denmark is financed by taxes, and the vast majority of health services are free of charge for all permanent residents.

Work Schedules and Holidays

Working hours are mostly set through collective bargaining or through private contracts in the private sector. A normal working week runs from Monday to Friday, and office hours are usually between 8 or 8:30 am and 5 pm.

Taxes

By international standards, income tax in Denmark is high. In total, the Danish taxpayer cannot pay more than 51.95 percent in national and municipal taxes combined.

Social Security and Pension

Regardless of other tax obligations, all employees and self-employed people in Denmark must pay social security tax, an 8 percent tax used to fund the government's labor market expenses such as early retirement pensions. Labor market contributions levied on earned income are collected by the employer.

This is just a short sample of what you’ll find in over 100 pages of information in the complete Denmark Guide.



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