PROVAN OÜ: Wage rally
In the third quarter of 2020, PROVAN OÜ team consisted of 1 employees, who were paid an estimated average gross salary of 1 845 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 2 170 EUR per month and a turnover of an average of 19 368 EUR for the company. Labor costs are an average of 13% of turnover.
Wage rally
The company would probably have enough funds to increase the payroll, because in the last declared financial year (2018) the company ended with a profit, which could increase the salary of each employee by a maximum of 183 EUR / month (total salary fund) and in that case the company would close its financial year with a similar profit of 2 198 EUR.
Comparsion with the sectoral average
PROVAN OÜ operates in the sector WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES, where the average monthly salary is 1 120 EUR. In Tartu, where the company operates, the average monthly salary is 1 028 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).