NEOTTEC SPORT EUROPE OÜ: Wage rally
In the fourth quarter of 2020, NEOTTEC SPORT EUROPE OÜ team consisted of 1 employees, who were paid an estimated average gross salary of 650 EUR / month.
Comparsion with the previous quarter
Compared to the third quarter the teams size did not change.
Summary of the year
Each year, an employee receives an average salary of 633 EUR per month and a turnover of an average of 8 674 EUR for the company. Labor costs are an average of 10% 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 1 608 EUR.
Comparsion with the sectoral average
NEOTTEC SPORT EUROPE OÜ operates in the sector WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES, where the average monthly salary is 1 128 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).