BUTERO OÜ: Wage rally
In the fourth quarter of 2020, BUTERO OÜ team consisted of 3 employees, who were paid an estimated average gross salary of 310 EUR / month.
COMPARISON WITH THE PREVIOUS QUARTER
Compared to the fourth quarter the team increased by 1 members in the last quarter (33%) and the salary was reduced by an average of - 210 EUR per employee (-68%).
SUMMARY OF THE YEAR
Each year, an employee receives an average salary of 428 EUR per month and a turnover of an average of 3 090 EUR for the company. Labor costs are an average of 13% of turnover.
The company would probably have enough funds to increase the payroll, because in the last declared financial year (2018) the company ended with a profit, which could increase the salary of each employee by a maximum of 429 EUR / month (total salary fund) and in that case the company would close its financial year with a similar profit of 5 156 EUR.
COMPARISON WITH THE SECTORAL AVERAGE
BUTERO OÜ operates in the sector MANUFACTURING, where the average monthly salary is 1 119 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).