Extremely Low Pay, High Workload, and No Employee Benefits - Project Finance Accountant Ericsson Employee Review

1.0
10 Feb 2025
Recommend
CEO approval
Business outlook

Pros

the foreigner coworkers are usually nice.

Cons

Working at Ericsson Estonia was a highly disappointing experience. Despite being hired as a Financial Specialist, the salary was shockingly low (€1,850 gross/month), with frequent deductions that made the take-home pay even worse. For comparison, the same role in Western Europe (like Belgium or Germany) pays 3-4 times more, proving how much Ericsson exploits workers in Estonia due to weak labor laws. Major Issues I Faced: ❌ Extremely low salary – not competitive at all for a finance job. ❌ High workload – constantly dealing with SAP transactions, invoicing, credit notes, etc., while also being expected to work extra hours without overtime pay. ❌ Toxic work culture – passive-aggressive managers, micromanagement, and unreasonable expectations. ❌ No proper employee benefits – no private health insurance, no gym access, and no real career development support. ❌ Paid vacation is below legal standards – I received only 16 days of paid leave, while Estonia's law requires 28 days! ❌ They discourage taking time off – managers pressure employees not to use their vacation or academic leave. Ericsson takes full advantage of Estonia’s weak labor protections to pay workers the bare minimum, while in other European countries, employees get much better pay and benefits for the same work. I highly recommend finance professionals avoid this place unless you are desperate for any job. Otherwise, look for opportunities in countries where workers are valued, not exploited.

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9 Feb 2026
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Pros

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Cons

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Pros

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Cons

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