Wages and salaries and labour costs

Wages and salaries

article
Margarete Elings
– Eesti statistika aastaraamat. 2016. Statistical Yearbook of Estonia (p. 172)

After Estonia joined the European Union (EU) in 2004, wages rose steadily until 2008. The following year, the recession that had set in led to a fall in wages. The wage level of 2008 was exceeded again in 2011, when Estonia joined the euro area. By now, wages and salaries have been rising already for five years in succession.

Publication cover

Read more

In the 1st quarter, the number of job vacancies increased

news release no 68

According to Statistics Estonia, there were about 8,300 job vacancies in the enterprises, institutions and organisations of Estonia in the 1st quarter of 2016. The number of job vacancies increased by 25% compared to the previous quarter and by 14% compared to the 1st quarter of 2015.

Diagram: Rate of job vacancies, 1st quarter 2007 – 1st quarter 2016

Read more

In the 1st quarter, the increase in average monthly gross wages and salaries accelerated slightly

news release no 60

According to Statistics Estonia, in the 1st quarter of 2016, the average monthly gross wages and salaries were 1,091 euros and the average hourly gross wages and salaries were 6.86 euros. Compared to the 1st quarter of 2015, the average monthly gross wages and salaries increased by 8.1% and the average hourly gross wages and salaries by 7.7%. In the 1st quarter, the average annual growth of monthly gross wages and salaries was slightly faster than in the 4th quarter of 2015.

Diagram: Average monthly gross wages and salaries

Read more

Labour costs and wages

article
Minifacts about Estonia 2016 (p. 24)

In 2014, labour costs per employee and per hour continued to grow and increased 5.7% and 6.6%, respectively, compared to 2013. In 2014 compared to the previous year, the average labour costs per employee increased the most in professional, scientifi c and technical activities (10.7% for monthly and 12.7% for hourly costs), and the least in information and communication (0.2% for monthly and 0.7% for hourly costs). Compared to 2004, when Estonia joined the European Union, labour costs per employee were 2.2 times higher in 2014.

Publication cover

Read more

Last year, the average monthly gross wages and salaries were 1,065 euros

news release no 24

According to Statistics Estonia, the average monthly gross wages and salaries were 1,065 euros and the average hourly gross wages and salaries were 6.51 euros. Compared to 2014, the average monthly and hourly gross wages and salaries increased by 6.0%. The monthly gross wages and salaries were highest in the 4th quarter.

Diagram: Average monthly gross wages and salaries and their change by economic activity

Read more