VABA AED OÜ: Wage rally
In the fourth quarter of 2020, VABA AED OÜ team consisted of 5 employees, who were paid an estimated average gross salary of 55 EUR / month.
COMPARISON WITH THE PREVIOUS QUARTER
Compared to the fourth quarter the team increased by 4 members in the last quarter (80%) and the salary was reduced by an average of - 595 EUR per employee (-1082%).
SUMMARY OF THE YEAR
Each year, an employee receives an average salary of 501 EUR per month and a turnover of an average of 181 EUR for the company. Labor costs are an average of 41% of turnover.
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 8 040 EUR.
COMPARISON WITH THE SECTORAL AVERAGE
VABA AED OÜ operates in the sector MANUFACTURING, where the average monthly salary is 1 119 EUR. In Hiiu, where the company operates, the average monthly salary is 902 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).