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In the third quarter of 2020, ALEXELA MOTORS AS team consisted of 30 employees, who were paid an estimated average gross salary of 2 070 EUR / month.

Comparsion with the previous quarter

Compared to the second quarter the team increased by 1 members in the last quarter (3%) and the salary was increased by an average of 75 EUR per employee (4%).

Summary of the year

Each year, an employee receives an average salary of 1 976 EUR per month and a turnover of an average of 5 758 EUR for the company. Labor costs are an average of 48% 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 48 240 EUR.

Comparsion with the sectoral average

ALEXELA MOTORS AS operates in the sector TRANSPORTATION AND STORAGE, where the average monthly salary is 978 EUR. In Harju, where the company operates, the average monthly salary is 1 340 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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