This paper deals with a complete finite-element analysis procedure for squirrel cage induction motors, including the presence of skewing and the iron losses evaluation. The machine is analyzed performing only magneto-static finite element analyses. Saturation phenomena are carefully considered in any operating condition, avoiding long time-stepping analyses. The synergy between analytical and finite element model leads to a rapid and precise estimation of the rotor induced current, saving computational time. Furthermore, the procedure proposed in this paper allows the motor performance to be directly derived, without the preliminary knowledge of the machine equivalent circuit. In order to complete the analysis, skewing effect is included, using the 2-D multi-slice technique, based on static simulations. Experimental tests are carried out and reported in order to verify analysis results.