Wages

International Internet Magazine. Baltic States news & analytics Thursday, 12.12.2019, 14:24

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Growth rate of wages reminds us that days of cheap labour are over

Growth rate of wages reminds us that days of cheap labour are over

04.12.2019

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



Latvia: 1 091 euros received for the full-time work in the 3rd quarter

Latvia: 1 091 euros received for the full-time work in the 3rd quarter

02.12.2019

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%.

Estonia: Average wages and salaries were highest in information and communication

Estonia: Average wages and salaries were highest in information and communication

29.11.2019

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.


Latvia: PM tasks health minister to prepare new model for medics' wages by January 31

Latvia: PM tasks health minister to prepare new model for medics' wages by January 31

26.11.2019

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.

Estonia: Average gross hourly earnings continue to increase

Estonia: Average gross hourly earnings continue to increase

21.11.2019

According to preliminary data of Statistics Estonia, in 2018, managers had the highest gross hourly earnings, while elementary occupations workers had the lowest.


20.11.2019

Latvia: Customs officers also want higher salaries

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.

07.11.2019

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.

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