MEGABITE OÜ: Wage rally
In the fourth quarter of 2020, MEGABITE OÜ team consisted of 5 employees, who were paid an estimated average gross salary of 55 EUR / month.
COMPARISON WITH THE PREVIOUS QUARTER
Compared to the fourth quarter the team decreased by 1 (-20%) and the salary was reduced by an average of - 310 EUR per employee (-564%).
SUMMARY OF THE YEAR
Each year, an employee receives an average salary of 381 EUR per month and a turnover of an average of 1 240 EUR for the company. Labor costs are an average of 6% of turnover.
WAGE RALLY
The company would probably not have enough funds to increase the payroll, because the company ended the last declared financial year period (2018) with a loss. If the company increased the salary of each employee by 100 EUR / month, the company's loss would increase by another 8 040 EUR.
COMPARISON WITH THE SECTORAL AVERAGE
MEGABITE OÜ operates in the sector ACCOMMODATION AND FOOD SERVICE ACTIVITIES, where the average monthly salary is 785 EUR. In Lääne-Viru, where the company operates, the average monthly salary is 950 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).