THE GARAGE OÜ: Wage rally
In the fourth quarter of 2020, THE GARAGE OÜ team consisted of 4 employees, who were paid an estimated average gross salary of 910 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 978 EUR per month and a turnover of an average of 7 587 EUR for the company. Labor costs are an average of 16% 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 6 432 EUR.
COMPARISON WITH THE SECTORAL AVERAGE
THE GARAGE 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).