Average gross wages up 5.7% in a year in Estonia

[Baluarte]

Average monthly gross wages and salaries amounted to 887 euros last year, according to Statistics Estonia. Average hourly gross wages were 5.34 euros.

In annual terms, average monthly gross wages grew 5.7% and the average hourly gross wages were up 6%.

Real wages, which take into account the influence of the change in the consumer price index, increased 1.7% in 2012. After the fall in 2009 and 2010, the real wages increased for the second year in succession compared to the previous year.

In 2012, the employer’s average monthly labour costs per employee were 1,203 euros and the average hourly labour costs were 7.98 euros. Compared to 2011, the average monthly labour costs per employee increased by 5.8% and the average hourly labour costs by 5.7%.

[Aunt Hilda]

austerity! fuck yeah!