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4 VEDU OÜ

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4 VEDU OÜ: Wage rally

4 VEDU OÜ: Wage rally

In the third quarter of 2020, 4 VEDU OÜ team consisted of 3 employees, who were paid an estimated average gross salary of 1 170 EUR / month.

Comparsion with the previous quarter

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

Summary of the year

Each year, an employee receives an average salary of 1 300 EUR per month and a turnover of an average of 3 646 EUR for the company. Labor costs are an average of 43% 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 4 824 EUR.

Comparsion with the sectoral average

4 VEDU OÜ operates in the sector TRANSPORTATION AND STORAGE, where the average monthly salary is 978 EUR. In Lääne, where the company operates, the average monthly salary is 939 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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