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MENSTROY OÜ: Wage rally

MENSTROY OÜ: Wage rally

In the fourth quarter of 2020, MENSTROY OÜ team consisted of 5 employees, who were paid an estimated average gross salary of 650 EUR / month.

Comparsion with the previous quarter

Compared to the third quarter the team increased by 3 members in the last quarter (60%) and the salary was reduced by an average of - 890 EUR per employee (-137%).

Summary of the year

Each year, an employee receives an average salary of 1 456 EUR per month and a turnover of an average of 5 165 EUR for the company. Labor costs are an average of 17% 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 (2019) 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.

Comparsion with the sectoral average

MENSTROY OÜ operates in the sector CONSTRUCTION, where the average monthly salary is 1 027 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).

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