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TEXOLOGIC OÜ: Wage rally

TEXOLOGIC OÜ: Wage rally

In the third quarter of 2020, TEXOLOGIC OÜ team consisted of 1 employees, who were paid an estimated average gross salary of 2 723 EUR / month.

Comparsion with the previous quarter

Compared to the second quarter the team decreased by 1 (-100%) and the salary was increased by an average of 1 183 EUR per employee (43%).

Summary of the year

Each year, an employee receives an average salary of 1 988 EUR per month and a turnover of an average of 26 433 EUR for the company. Labor costs are an average of 14% 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 11 343 EUR / month (total salary fund) and in that case the company would close its financial year with a similar profit of 136 125 EUR.

Comparsion with the sectoral average

TEXOLOGIC OÜ operates in the sector PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES, where the average monthly salary is 1 150 EUR. In Harju, where the company operates, the average monthly salary is 1 340 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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