KILP JA KIRVES OÜ: Wage rally
In the fourth quarter of 2020, KILP JA KIRVES OÜ team consisted of 8 employees, who were paid an estimated average gross salary of 840 EUR / month.
Comparsion with the previous quarter
Compared to the third quarter the team decreased by 4 (-50%) and the salary was increased by an average of 190 EUR per employee (23%).
Summary of the year
Each year, an employee receives an average salary of 567 EUR per month and a turnover of an average of 5 418 EUR for the company. Labor costs are an average of 21% of turnover.
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 12 864 EUR.
Comparsion with the sectoral average
KILP JA KIRVES 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).