GRANAROLO BALTICS OÜ: Wage rally
In the fourth quarter of 2020, GRANAROLO BALTICS OÜ team consisted of 13 employees, who were paid an estimated average gross salary of 1 995 EUR / month.
Comparsion with the previous quarter
Compared to the third quarter the team increased by 1 members in the last quarter (8%) and the salary was reduced by an average of - 210 EUR per employee (-11%).
Summary of the year
Each year, an employee receives an average salary of 2 010 EUR per month and a turnover of an average of 27 057 EUR for the company. Labor costs are an average of 10% of turnover.
Wage rally
The company would probably have enough funds to increase the payroll, because in the last declared financial year (2019) the company ended with a profit, which could increase the salary of each employee by a maximum of 2 103 EUR / month (total salary fund) and in that case the company would close its financial year with a similar profit of 25 243 EUR.
Comparsion with the sectoral average
GRANAROLO BALTICS OÜ operates in the sector WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES, where the average monthly salary is 1 128 EUR. In Harju, where the company operates, the average monthly salary is 1 345 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).