ST. PATRICK’S NM OÜ: Wage rally
In the fourth quarter of 2020, ST. PATRICK’S NM OÜ team consisted of 14 employees, who were paid an estimated average gross salary of 975 EUR / month.
Comparsion with the previous quarter
Compared to the third quarter the team decreased by 9 (-64%) and the salary was increased by an average of 665 EUR per employee (68%).
Summary of the year
Each year, an employee receives an average salary of 557 EUR per month and a turnover of an average of 3 178 EUR for the company. Labor costs are an average of 41% 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 22 512 EUR.
Comparsion with the sectoral average
ST. PATRICK’S NM 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).