CHURRO OÜ: Wage rally
Did you notice typos in the article?
In the fourth quarter of 2020, CHURRO OÜ team consisted of 2 employees, who were paid an estimated average gross salary of 650 EUR / month.
COMPARISON WITH THE PREVIOUS QUARTER
Compared to the fourth quarter the team increased by 1 members in the last quarter (50%) and the salary was reduced by an average of - 965 EUR per employee (-148%).
SUMMARY OF THE YEAR
Each year, an employee receives an average salary of 1 053 EUR per month and a turnover of an average of 2 683 EUR for the company. Labor costs are an average of 32% of turnover.
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 3 216 EUR.
COMPARISON WITH THE SECTORAL AVERAGE
CHURRO OÜ operates in the sector ACCOMMODATION AND FOOD SERVICE ACTIVITIES, where the average monthly salary is 785 EUR. In Harju, where the company operates, the average monthly salary is 1 316 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).