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ROWAN ENGINEERING OÜ

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ROWAN ENGINEERING OÜ: Wage rally

ROWAN ENGINEERING OÜ: Wage rally

In the fourth quarter of 2020, ROWAN ENGINEERING OÜ team consisted of 2 employees, who were paid an estimated average gross salary of 840 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 843 EUR per month and a turnover of an average of 5 166 EUR for the company. Labor costs are an average of 22% of turnover.

Wage rally

The company would probably have enough funds to increase the payroll, because in the last declared financial year (2019) the company ended with a profit, which could increase the salary of each employee by a maximum of 712 EUR / month (total salary fund) and in that case the company would close its financial year with a similar profit of 8 547 EUR.

Comparsion with the sectoral average

ROWAN ENGINEERING OÜ operates in the sector PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES, where the average monthly salary is 1 156 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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