Wages

International Internet Magazine. Baltic States news & analytics Friday, 17.08.2018, 08:07

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The labour market remains favourable for employees – Estonian cbank

The labour market remains favourable for employees – Estonian cbank

14.08.2018

The Estonian labour force survey shows that the number of people in employment was 2% higher in the second quarter of 2018 than a year earlier and the unemployment rate was 5.1%. Both labour market participation and the employment rate remain close to their historical peaks.

Keyword tags: Analytics, Banks, Employment, Inflation, Labour-market, Statistics, Wages



Association determined to conclude general collective agreement on minimum wage in food service industry

Association determined to conclude general collective agreement on minimum wage in food service industry

02.08.2018

The Latvian Hotels and Restaurants Association is determined to conclude a general collective agreement on the minimum wage for the employees working in the industry, while the Finance Ministry would cut the value added tax (VAT) rate on food services to 12%, informs LETA.

Survey: Two-thirds of residents positively assess their financial situation

Survey: Two-thirds of residents positively assess their financial situation

16.07.2018

The share of those who earn above EUR 900 increased by more than a third over two years, wages are expected to grow in the future as well. Residents save more while being concerned the most over growth in food and utilities prices, shows the latest survey of the Bank of Lithuania.


Most companies to raise prices to compensate for wage growth – Citadele Index

Most companies to raise prices to compensate for wage growth – Citadele Index

11.07.2018

Slightly more than half of companies in Latvia are planning price hikes in order to compensate for pay rises to their employees, the latest Citadele Index survey shows.

Medics' salaries are to be raised 20% annually until 2021 in Latvia

Medics' salaries are to be raised 20% annually until 2021 in Latvia

06.07.2018

It is planned that the salaries to medics in Latvia will be raised 20 percent annually until 2021, said Valdis Keris, the leader of the Latvian Trade Union of Health and Social Care Employees (LVSADA), after the meeting of the working group discussing further increase of salaries to the medical personnel, informs LETA.


04.07.2018

Gender pay gap increased in Lithuania in 2017

The gender pay gap increased in Lithuania, except for agriculture, forest and fishing enterprises, and stood at 14.2% last year, up 0.8%age points, the latest figures from the Statistics Lithuania show, cites LETA/BNS.

04.07.2018

211 Latvian construction companies signed collective agreement on minimum wage

Collective agreement on minimum wage in construction industry has been signed by more 211 companies so far, whose own account construction works make up EUR 641 million - that is 90% of the minimum amount for the collective agreement to come into force, Latvian Partnership of Building Contractors informed LETA.

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