ST. PATRICK’S PI OÜ: Wage rally
In the fourth quarter of 2020, ST. PATRICK’S PI OÜ team consisted of 15 employees, who were paid an estimated average gross salary of 715 EUR / month.
Comparsion with the previous quarter
Compared to the third quarter the team decreased by 1 (-7%) and the salary was increased by an average of 195 EUR per employee (27%).
Summary of the year
Each year, an employee receives an average salary of 468 EUR per month and a turnover of an average of 3 208 EUR for the company. Labor costs are an average of 30% of turnover.
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 101 EUR / month (total salary fund) and in that case the company would close its financial year with a similar profit of 1 216 EUR.
Comparsion with the sectoral average
ST. PATRICK’S PI 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).