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Thursday, 12.12.2019, 14:24
In the third quarter of 2019, the average monthly gross wage of employees in Latvia increased by 8.3% year-on-year. The pace of remuneration growth remains high and, in the long run, could affect the competitiveness of Latvia's goods and services.
Keyword tags: Analytics, Banks, Direct Speech, Financial Services, Latvia, Wages
Data of the Central Statistical Bureau (CSB) show that in the 3rd quarter of 2019, compared to the 3rd quarter of 2018, the average monthly gross wages and salaries grew by 8.3% or EUR 84, reaching EUR 1 091 for full-time work. In the 1st and 2nd quarter, the growth rate was slower – 7.8%.
According to Statistics Estonia, in the 3rd quarter of 2019, the average monthly gross wages and salaries were 1,397 euros. Year on year, wages and salaries increased by 8.2%. The average hourly gross wages and salaries were 8.01 euros, which is 7% more than in the 3rd quarter of 2018.
Prime Minister Krisjanis Karins (New Unity) has tasked Health Minister Ilze Vinkele (For Development) to prepare a new model for medics' wages until January 31, 2020, the prime minister's office reported.
According to preliminary data of Statistics Estonia, in 2018, managers had the highest gross hourly earnings, while elementary occupations workers had the lowest.
Customs officers also want to have their salaries increased, Raimonds Zukuls, head of the State Revenue Service's Customs Board, says in an interview with newspaper Diena, adding that this will reduce the risk of corruption.
Large number of medics demand fair funding for healthcare in a vocal protest outside Saeima building
A large number of medical employees gathered by the Saeima building this morning to protest against the insufficient healthcare funding planned for the next coming years, LETA observed.