Analytics, Employment, Estonia, Financial Services, Markets and Companies, Wages

International Internet Magazine. Baltic States news & analytics Sunday, 27.09.2020, 00:07

Median monthly gross pay in Estonia was 1,496 euros in spring 2020

BC, Tallinn, 14.08.2020.Print version
The median monthly gross pay in Estonia was 1,496 euros in spring 2020, 71 euros higher than in the spring of 2019, when it stood at 1,425 euros, a survey by private companies Palgainfo Agentuur and indicates, cites LETA/BNS.

In spring 2019, the year-on-year increase in the median pay was more than two times bigger, amounting to 153 euros.

The authors of the survey pointed out that the rapid wage growth seen in Estonia during many years has slowed down.

The published gross pay data includes basic remuneration, regular extras and the remuneration compensation of the Unemployment Insurance Fund, but not irregular bonuses. 

Pay dynamics differed for different groups of employees. For unskilled workers, wage growth was replaced by a decline of 2.8 percent. Line managers and project managers saw increases replaced by a 2.2 percent decline, whereas for drivers of motor vehicles wage growth was replaced by a decline of 1.6 percent. People in managerial positions meanwhile saw their median gross pay increase by 7.4 percent, operators of equipment and machinery by 6.4 percent, and top specialists by 5.7 percent.

The average pay expectation of employees has declined by 9 percent during the year, from  1,694 euros net last spring to 1,537 euros net in spring of this year.

By group, the biggest reduction in the expected size of pay was registered for people in managerial positions and top specialists, which are employee groups whose gross pay the health crisis in spring did not affect much yet.

The wage expectation median of line and project managers, office workers, sales and service personnel, operators of machinery and equipment, drivers of motor vehicles, and unskilled workers did not change during the year.

The manager of Palgainfo Agentuur, Kadri Seeder, observed that the numbers of unemployed people were growing very rapidly when the survey was taken, which affected the position of employees on the labor market and their pay expectations.

"Where during the time of labor shortages employees were able to demand higher pay rather vigorously, during the health crisis people rather were grateful when their job and existing conditions were preserved," she said.

The wage survey conducted by Palgainfo Agentuur and among employees and job-seekers in May 2020 covered 11,112 employees and job-seekers.

The wage survey was conducted by interviewing employees and organizations in May and June and covers data about the pay of 43,105 employees.

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