NICANOR TECHNOLOGIES OÜ: Wage rally
Estimated employee wages and productivity. Trends on the timeline. Employee networks. Job advertisements.See report >
Comparsion with the previous quarter
Compared to the first quarter the teams size did not change.
Summary of the year
Each year, an employee receives an average salary of 2 320 EUR per month and a turnover of an average of 11 193 EUR for the company. Labor costs are an average of 31% of turnover.
The company would probably have enough funds to increase the payroll, because in the last declared financial year (2021) the company ended with a profit, which could increase the salary of each employee by a maximum of 2 897 EUR / month (total salary fund) and in that case the company would close its financial year with a similar profit of 34 764 EUR.
Comparsion with the sectoral average
NICANOR TECHNOLOGIES OÜ operates in the sector INFORMATION AND COMMUNICATION, where the average monthly salary is 1 807 EUR. In Järva, where the company operates, the average monthly salary is 1 129 EUR. ** The average wage is calculated according to the data of the Tax and Customs Board according to the calculation of labor taxes paid in the last 4 quarters (companies that pay wages below the minimum wage or do not pay labor taxes at all are excluded).