Wages

International Internet Magazine. Baltic States news & analytics Saturday, 21.10.2017, 13:32

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Wage pressure keeps the construction price index rising in Estonia

Wage pressure keeps the construction price index rising in Estonia

20.10.2017

According to Statistics Estonia, the change of the construction price index in the 3rd quarter of 2017 was 0.9% compared to the previous quarter and 1.7% compared to the 3rd quarter of 2016.

Keyword tags: Analytics, Construction, Estonia, Real Estate, Wages



Lithuania's National Agreement hints of higher salaries in exchange for lower labor taxes

Lithuania's National Agreement hints of higher salaries in exchange for lower labor taxes

17.10.2017

Lithuania's government, business representative and trade unions on October 16th signed an agreement, declaring pledges to raise wages, cut taxes on labor and encourage collective contracts, informs LETA/BNS.

Commission’s report “Labour Market and Wage Developments in EU”

Commission’s report “Labour Market and Wage Developments in EU”

16.10.2017

Commission’s report-2017 confirms recent years’ positive labour market trends in most EU states. Employment level has surpassed pre-crisis levels with more than 235 million people at work. Unemployment now stands at 7.6%, which is approaching levels prior to the recession.


PM: Lithuania's inflation won't eat up revenue growth

PM: Lithuania's inflation won't eat up revenue growth

12.10.2017

Lithuania's Prime Minister Saulius Skvernelis says that people are more sensitive about inflation than they should be, adding that the price hike would not be steep enough to outdo growing salaries, informs LETA/BNS.

In August, construction costs in Latvia increased by 0.1%

In August, construction costs in Latvia increased by 0.1%

27.09.2017

Data of the Central Statistical Bureau (CSB) show that, compared to July, in August 2017 the level of construction costs in Latvia grew by 0.1%. Maintenance and operational costs of machinery and equipment rose by 0.4%, labour remuneration of workers (1) decreased by 0.1%, whereas prices of building materials did not change significantly.


26.09.2017

Estonian Tax Board: 1/4 construction turnover goes to companies paying cash in hand

A quarter of the turnover of the Estonian construction sector goes to companies paying cash in hand wages, reports LETA/BNS, according to the Tax and Customs Board.

25.09.2017

About half Latvian security firms pay minimum or lower wages to employees

About 50% of security firms in Latvia pay minimum or even lower wages to their employees, said State Revenue Service deputy director Dace Peleka at the Saeima defense, interior affairs and corruption prevention committee meeting on September 22nd, cites LETA.

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