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STEPCUT OÜ

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STEPCUT OÜ: Wage rally

STEPCUT OÜ: Wage rally

In the fourth quarter of 2020, STEPCUT OÜ team consisted of 3 employees, who were paid an estimated average gross salary of 1 100 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 940 EUR per month and a turnover of an average of 10 105 EUR for the company. Labor costs are an average of 15% 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 4 824 EUR.

Comparsion with the sectoral average

STEPCUT OÜ operates in the sector MANUFACTURING, where the average monthly salary is 1 125 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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