Wages

International Internet Magazine. Baltic States news & analytics Wednesday, 28.06.2017, 01:44

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Dissatisfaction with wages in Estonia has increased

Dissatisfaction with wages in Estonia has increased

21.06.2017

Despite an increase in wages and an improvement in coping, the dissatisfaction of employees with their wages has increased on year, figures from a survey published by the Salary Information Agency on Wednesday show LETA/BNS.

Keyword tags: Analytics, Estonia, Markets and Companies, Society, Wages



Lithuania's avg gross wages up 8.4 % in 2016

Lithuania's avg gross wages up 8.4 % in 2016

02.06.2017

Average gross monthly wages in Lithuania last year rose by 60 euros, or 8.4 %, y-o-y, to 774 euros, data from Statistics Lithuania showed on Friday.

Higher growth rate of the average earnings in Latvia observed

Higher growth rate of the average earnings in Latvia observed

31.05.2017

ata of the Central Statistical Bureau (CSB) show that in the 1st quarter of 2017 the average gross wages and salaries in the country constituted 886 euros. Compared to the 1st quarter of 2016, the average wages and salaries increased by 59 euros or 7.2%, showing a faster growth than in 2016 (5%).


Wages and productivity in Estonia are better aligned

Wages and productivity in Estonia are better aligned

29.05.2017

Economic activity picked up and productivity growth increased at the same time that wage growth slowed. The fastest wage growth in the industrial sector was in construction and oil shale Wage growth is slower in the service sector than in previous years. The purchasing power of those earning the average wage will increase more slowly because of inflation

41.9% of Latvian employees receive up to EUR 450 in net monthly wage in Q1

41.9% of Latvian employees receive up to EUR 450 in net monthly wage in Q1

22.05.2017

Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that since the 1st quarter of 2016 the employment rate has increased by 0.6 percentage points.


28.04.2017

Better alignment of growth in wages and productivity is threatened by labour shortages in Estonia

The alignment of growth in labour productivity and in wages improved in the second half of 2016 as growth accelerated in productivity and slowed a little in wages. Whether companies can improve their profitability as foreign demand recovers will depend on whether labour productivity grows further. People changed jobs more last year than they did the year before. Simultaneous increases in the number of vacancies and in unemployment indicate however that there is a worse match between labour and jobs.

28.04.2017

Labour costs in EU reflect social disparities

Hourly labour costs ranged from €4.4 to €42.0 across the EU member states in 2016. The lowest labour costs are in Bulgaria and Romania, while the highest are in Denmark and Belgium. Within the euro area, the largest increases were recorded in the Baltic States: Lithuania (+7.5%), Latvia (+6.4%) and Estonia (+5.6%).

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