ZANGEZUR RESTORAN OÜ: Wage rally
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In the fourth quarter of 2020, ZANGEZUR RESTORAN OÜ team consisted of 7 employees, who were paid an estimated average gross salary of 585 EUR / month.
Comparsion with the previous quarter
Compared to the third quarter the team increased by 1 members in the last quarter (14%) and the salary was reduced by an average of - 130 EUR per employee (-22%).
Summary of the year
Each year, an employee receives an average salary of 575 EUR per month and a turnover of an average of 1 181 EUR for the company. Labor costs are an average of 66% of turnover.
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 17 EUR / month (total salary fund) and in that case the company would close its financial year with a similar profit of 207 EUR.
Comparsion with the sectoral average
ZANGEZUR RESTORAN OÜ operates in the sector ACCOMMODATION AND FOOD SERVICE ACTIVITIES, where the average monthly salary is 844 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).