Wages and salaries and labour costs

Labour costs and wages

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Minifacts about Estonia 2017 (p. 24)

In 2009, the economic downturn led to a decrease in the monthly gross wages and salaries. The monthly gross wages and salaries have been rising again since 2011, and the year-over-year growth has been in the range of 5.7–7.6%. In 2016, the average monthly gross wages and salaries were 1,146 euros – an increase of 7.6% compared to 2015.

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Wages and salaries

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Eesti Statistika Kvartalikiri. 2/17. Quarterly Bulletin of Statistics Estonia (p. 65)

The average monthly gross wages and salaries increased steadily in Estonia until 2008. In 2009, the economic downturn led to a decrease in the gross monthly wages and salaries. The gross monthly wages and salaries have now been rising since 2011 and the year-over-year growth has been in the range of 5.7–7.6%. As a result of the economic crisis, the number of job vacancies decreased by almost three-fold in 2009 and has been increasing gradually since 2010. The number of job vacancies as well as the year-over-year growth of the gross monthly wages and salaries in 2016 was the greatest of the last six years – in 2016, the monthly gross wages and salaries rose 7.6% compared to the previous year and the number of job vacancies reached 11,000 in the 3rd quarter.

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In the 1st quarter, the number of job vacancies exceeded 11,200

news release no 68

According to Statistics Estonia, there were over 11,200 job vacancies in the enterprises, institutions and organisations of Estonia in the 1st quarter of 2017. This is the highest number of job vacancies in the past 8 years. While in the previous quarter, the number of job vacancies reached slightly above 9,000, in the 1st quarter, the number of job vacancies increased by 24%.

Rate of job vacancies by economic activity, 1st quarter, 2016–2017

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In the 1st quarter, the rise in average wages and salaries continued to decelerate

news release no 61

According to Statistics Estonia, in the 1st quarter of 2017, the average monthly gross wages and salaries were 1,153 euros and the average hourly gross wages and salaries 7.13 euros. Compared to the 1st quarter of 2016, the average monthly gross wages and salaries increased 5.7% and the average hourly gross wages and salaries 3.9%. The year-over-year growth in average monthly gross wages and salaries was 1.2 percentage points slower than in the previous quarter and the year-over-year growth decelerated for the fourth successive quarter.

Average monthly gross wages and salaries per employee

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The gender pay gap decreased for the third year in a row

news release no 45

According to Statistics Estonia, in October 2016, the average gross hourly earnings of female employees were 20.9% lower than the average gross hourly earnings of male employees. The gender pay gap decreased by 1.3 percentage points compared to the previous year. The gender pay gap decreased by 1.3 percentage points for the third year in a row.

The difference between the gross hourly earnings of female and male employees, 2016

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