bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Monday 22.07.2019 | Name days: Marija, Marika, Marina
LatviaLatvia

Survey: nearly half of Latvian youngsters would like to receive at least EUR 800 after taxes

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RU47% of Latvian youngsters would like to receive EUR 800 to EUR 1 000 after taxes per month, according to a survey by SEB Bank.

Over the course of the year the number of youngsters in Latvia who believe the appropriate remuneration for their knowledge and skills would be EUR 800 to EUR 1 000 has increased from 34% to 47%. Another 25% of youngsters believe employers should pay them more than EUR 1 200 (20% in 2018). 72% of youngsters in Latvia would like to receive more than EUR 800 after taxes (54% in 2018).

«Although the average wage in Latvia has increased over the course of the year, no major increase has been noticed in the youngsters segment, especially when compared to the previous year. Similar to 2018, the wages of 33% of interviewed people was above EUR 800.

As average wages increase on the labour market, so do the ambitions of young people – they want to receive more not only today, but tomorrow as well,» comments SEB Bank board member Arnis Škapars.

«Wages worth at least EUR 1 500 and more are expected by 57% of interviewed youngsters, which is close to the data from 2018 (53%). Survey data shows that men generally have greater ambitions – wage above EUR 1 500 is expected by 69% (65% in 2018). Among women, however, only 48% expect to receive such wages (43% in 2018)».

According to data, the main source of income for the majority of 18 to 19-year-olds is their parents or relatives or scholarship. Generally, monthly income does not exceed EUR 300. Approximately 45% of youngsters of this age also receive wages and their income reaches EUR 500 after taxes. The main source of income for youngsters aged 20 to 22 years is regular wage (68% of respondents) and their monthly income varies between EUR 300 and EUR 500.

Youngsters aged 23 to 25 either work or combine work with studies. Their main source of income comes from regular wage (89%). Those who only work have larger income – 27% of youngsters in this group earn between EUR 500 and EUR 800 after taxes, income of 48% of respondents exceeds EUR 800 a month and income of another 25% exceeds EUR 1 200 after taxes, the survey determined.

Survey data also shows that youngsters in Latvia carefully pick their future careers and consider their long-term benefits – 63% of youngsters who work or combine work with studies work in the profession they had either studied for or is partially associated with their studies. 53% of respondents who do not work and only study are confident their chosen profession will be competitive in the future.

According to CV-Online Latvia manager Aivis Brodiņš, it is easy for youngsters to find jobs. What is most important, he said, is to have the desire to work and prove themselves.

«The increase of vacant jobs and the shortage of labour force makes employers consider young people for jobs more actively. This is also reflected in the recent decline of youth unemployment. Even youngsters who lack work experience but have appropriate knowledge, skills and motivation are in a very good position to find work with adequate pay,» says Brodiņš.

To acquire experience on the labour market, 63% of youngsters use the opportunity to undergo trainee programmes working real jobs. Approximately 17% of respondents have no work experience, whereas 20% of them admit they have not had an opportunity to undergo training during studies but would use such an opportunity if it appeared.

The internet survey was open for SEB Bank clients in March 2019. A total of 1 850 people aged 18 to 25 years took part in it.


Leave a reply

We have to be patient – Latvian minister about citizen detained in Iran

We have to be patient in the matter concerning Stena Impero tanker’s crew and the Latvian citizen who are detained by Iranian authorities. A lot depends on how political events unravel, says Foreign Affairs Minister Edgars Rinkēvičs.

Committee: potential NEPLP members’ reputation is their promoters’ responsibility

Responsibility for the reputation of potential members of Latvia’s National Electronic Mass Media Council should be taken by organizations that recommend them, said head of 12th Saeima’s Human Rights and Public Affairs Committee Inese Laizāne.

Latvia to test individual budget model to support people with mental disorders

Welfare Ministry and ten municipalities will use EU Social Fund’s co-financing to test a new approach for social service provision to adults suffering from mental disorders. In other countries this approach is known as «individual budget model».

UK in emergency meeting over Iran-seized tanker with Latvia on board

British government members, intelligence and military chefs are holding an emergency meeting over the seizure by Iran of a UK-flagged oil tanker with a Latvian crew member on board in the Persian Gulf.

Latvian lawyer and ex-judge Uldis Bērziņš killed in Mārupe

Lawyer and ex-judge Uldis Bērziņš was killed in Mārupe, Latvia, according to information from LETA.

Audit uncovers a lack of transparency in use of Latvian Agriculture Ministry’s money

Unclear accounting and use of finances, council members with ties to associations assess money allocation for associations, trips to Spain and Italy for no reason, as well as hundreds of projects with no tangible results – State Audit assess use of finances in Agriculture Ministry’s funds.

Estonian President cycles 135 km in amateur Tour de France

Estonian head of state, Kersti Kaljulaid, showed an example of active lifestyle as she cycled 135 kilometres in Étape du Tour de France on Sunday, the amateur stage of the annual bicycle classic.

Latvian minister may consider raising tax on diesel fuel to finance road maintenance

In order to find money to finance road maintenance in Latvia, the option of increasing excise tax for diesel fuel is not entirely excluded, said Latvia’s Transport Minister Tālis Linkaits in an interview to public broadcaster LTV programme Rīta Panorāma on Friday, 22 July.

Court ruling on Estonia ferry disaster seen as big disappointment

The ruling of a French court in a compensation case over the tragic sinking of Estonia ferry in 1994 has been described as a big disappointment by lawyer of the relatives of victims.

Latvian citizen among sailors of British tanker detained by Iran

Among the crew of the British tanker detained by Iran is one Latvian citizen, according to the report from Latvia’s Foreign Affairs Ministry.

Heavy rain expected in Latvia at week’s beginning; air temperature to reach +29° C

The beginning of the week in Latvia will be rainy, as low atmospheric pressure and rain clouds move through Latvia. Nevertheless, at the end of the week air temperature will reach +29 C, as reported by State Environment, Geology and Meteorology.

In Ukrainian parliamentary election, win of Zelenskiy's party coming

Ukraine has held its snap parliamentary election, where, according to exit polls, Servant of the People party lead by Ukrainian President Volodymyr Zelenskiy has won with a clear majority.

Week in Lithuania: CB denies Swedbank’s Syria links, PM Skvernelis to change some ministers

Last week, PM Saulius Skvernelis revealed that the Government mulls taxing property and polluting cars, Lithuanian Railways said it will keep contract with Latvia's Sigmen, Court disqualifies itself from Paleckis case.

BNN summary of the week: Cutting a pie. Minimal wage. Dangerous games

Is there a pleasant aroma of a fresh pie in the air? Judging by events of the past week, the tasty smell of the 2020 budget has already spread across government corridors even though the dough is not ever ready.

Latvia among Baltic States with first quarter’s highest budget deficit

In Q1 2019, the general government budget deficit ratio to GDP in Latvia was higher than the average across the EU, according to data published by Eurostat.

Latvia’s industrial producer price level up 0.4% in June

Compared to May, the level of producer prices in Latvian industry rose by 0.4 % in June 2019. Prices of products sold on the domestic market grew by 1.5 %, but prices of exported products reduced by 0.7 %.

Curious career zigzags. From shipping schemes to a warm seat in Latvian Railway

Shadow of doubt over fraud worth five million euros. Career twists with Lembergs’ approval. Secret peace treaty following Uldis Augulis’ entry to Transport Ministry. Illegal state of monopoly in the industry. What hides behind Latvian Railway chief’s «spotless» reputation?

Estonian TransferWise hires Netflix’s ex-chief financial officer

Estonian-led financial transactions start-up TransferWise has announced expansion of its board of directors with the former chief financial officer of the American online television service Netflix, David Wells.

Ukraine to reform citizenship process following Russian passport move

Volodymyr Zelenskiy, the President of Ukraine, has ordered changes to the process for receving Ukrainian citizenship reacting to a Moscow decree increasing the number of Ukrainians eligible for fast-track Russian passports.

SES: barrels with chemicals found in Baldone are not harmful to people or environment

The barrels found in Baldone containing different chemicals do not present any direct threats to the environment or people, as reported by State Environment Service.

U.S. shoots down Iranian aircraft amid rising tensions in Persian Gulf

With American-Iranian relations being tense, U.S. President Donald Trump stated that an American naval ship had downed an Iranian drone that threatened the ship in the Arabian Sea.

NATO StratCom does not consider FaceApp more dangerous than Facebook

The US Democratic Party is concerned about Russian-made FaceApp, which allows its users to imagine how they might look like when they are old and retired. NATO StratCom, however, does not consider the app to be more dangerous than other apps users entrust their personal data with.

Additional information to be asked for in Latvian prosecutor general’s evaluation

Saeima deputies who initiated the investigation if there are reasons the justify dismissal of Prosecutor General Ēriks Kalnmeiers have been asked to clarify their request by providing more detailed information in relation to conclusions mentioned in their request.

Latvian minister wants more responsibility for the state in children rights protection

The new children’s rights protection model will delegate more functions to the state, said Latvian Welfare Minister Ramona Petraviča.

Scandinavian tourist killers in Morocco convicted to capital punishment

In Morocco, for the murder of two Scandinavian tourists, three Islamic State group supporters have been sentenced to death.