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Wednesday 23.08.2017 | Name days: Valgudis, Ralfs, Vitālijs
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Actual salary keeps dropping in Estonia

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Baltic news, News from Latvia, BNN-NEWS.COM, BNN-NEWS.RUDespite gross salary started to climb last year after a year-long drop, the actual remuneration, which includes price gains and characterises the purchasing power, is shrinking already for the second year in a row.

However, the drop is now smaller, having shrunk 4.9% in 2009 and 1.8% in 2010, according to Estonia Statistics.

In 2010, the average gross monthly salary made up 792 euro, while the hour rate – 4.78 euro. If comparing with 2009, the average gross monthly salary has climbed 1.1%, but the hour rate has fallen 0.4%. Also, the average gross monthly remuneration accounted for less than in 2008 when it hit the highest.

Last year, as opposed to a year before, the average salary grew the most in mining (11.6%), while dropping at the fastest pace in the real estate sector (14.4%). Whereas, the hour rate surged the most in science and technologies sector (6.4%), falling the most in the real estate sector (15.8%).

Public sector average gross salary accounted for 821 euro, while in the private sector – 780 euro. If comparing to a year ago, the average gross salary in the public sector has dropped 0.5% but in the private sector – 1.6%.

Employer average costs per employee totalled 1 074 euro; 7.22 euro in an hour.


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