ELITE EUROPE OÜ: Wage rally
In the second quarter of 2021, ELITE EUROPE OÜ team consisted of 2 employees, who were paid an estimated average gross salary of 780 EUR / month.
Estimated employee wages and productivity. Trends on the timeline. Employee networks. Job advertisements.See report >
Comparsion with the previous quarter
Compared to the first quarter the teams size did not change.
Summary of the year
Each year, an employee receives an average salary of 390 EUR per month and a turnover of an average of 6 139 EUR for the company. Labor costs are an average of 17% of turnover.
The company would probably not have enough funds to increase the payroll, because the company ended the last declared financial year period (2020) with a loss. If the company increased the salary of each employee by 100 EUR / month, the company's loss would increase by another 3 216 EUR.
Comparsion with the sectoral average
ELITE EUROPE OÜ operates in the sector TRANSPORTATION AND STORAGE, where the average monthly salary is 1 007 EUR. In Harju, where the company operates, the average monthly salary is 1 379 EUR. ** The average wage is calculated according to the data of the Tax and Customs Board according to the calculation of labor taxes paid in the last 4 quarters (companies that pay wages below the minimum wage or do not pay labor taxes at all are excluded).
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