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WINE REPUBLIC OÜ

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WINE REPUBLIC OÜ: Wage rally

WINE REPUBLIC OÜ: Wage rally

In the fourth quarter of 2020, WINE REPUBLIC OÜ team consisted of 1 employees, who were paid an estimated average gross salary of 650 EUR / month.

COMPARISON WITH THE PREVIOUS QUARTER

Compared to the fourth quarter the teams size did not change.

SUMMARY OF THE YEAR

Each year, an employee receives an average salary of 1 035 EUR per month and a turnover of an average of 11 689 EUR for the company. Labor costs are an average of 7% 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 (2018) with a loss. If the company increased the salary of each employee by 100 EUR / month, the company's loss would increase by another 1 608 EUR.

COMPARISON WITH THE SECTORAL AVERAGE

WINE REPUBLIC OÜ operates in the sector WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES, where the average monthly salary is 1 105 EUR. In Harju, where the company operates, the average monthly salary is 1 316 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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