RESTORAN ÜLIKOOLI KOHVIK OÜ: Wage rally
In the first quarter of 2021, RESTORAN ÜLIKOOLI KOHVIK OÜ team consisted of 11 employees, who were paid an estimated average gross salary of 650 EUR / month.
Estimated employee wages and productivity. Trends on the timeline. Employee networks. Job advertisements.See report >
Comparsion with the previous quarter
Compared to the fourth quarter the team increased by 3 members in the last quarter (27%) and the salary was reduced by an average of - 130 EUR per employee (-20%).
Summary of the year
Each year, an employee receives an average salary of 526 EUR per month and a turnover of an average of 2 729 EUR for the company. Labor costs are an average of 32% of turnover.
The company would probably have enough funds to increase the payroll, because in the last declared financial year (2020) the company ended with a profit, which could increase the salary of each employee by a maximum of 2 EUR / month (total salary fund) and in that case the company would close its financial year with a similar profit of 31 EUR.
Comparsion with the sectoral average
RESTORAN ÜLIKOOLI KOHVIK OÜ operates in the sector ACCOMMODATION AND FOOD SERVICE ACTIVITIES, where the average monthly salary is 845 EUR. In Tartu, where the company operates, the average monthly salary is 1 051 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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