Estonia’s average hourly gross wages up 5.7% in a year

26.11.2012, 09:48

According to Statistics Estonia, in the 3rd quarter of 2012, the average monthly gross wages were 855 euros and the average hourly gross wages were 5.21 euros.

Compared to the 3rd quarter of 2011, the average monthly gross wages increased 5.7% and the average hourly gross wages increased 8.1%.

Compared to the 3rd quarter of 2011, the irregular bonuses and premiums per employee decreased 2.3% and influenced the growth of the average monthly gross wages by 0.2 percentage points. The average monthly gross wages without irregular bonuses and premiums increased 5.9%. Real wages, which take into account the influence of the change in the consumer price index, increased 1.9% in the 3rd quarter of 2012. Compared to the same quarter of the previous year, real wages increased for the fifth quarter in succession.

Compared to the 3rd quarter of 2011, the average monthly gross wages increased the most in other service activities (14.4%) and the average hourly gross wages in arts, entertainment and recreation (13.9%). The reason for the increase was the low level of wages in the previous year.

Compared to the 3rd quarter of 2011, the average monthly gross wages decreased only in transportation and storage (0.9%). The average hourly gross wages increased in all economic activities – the least in administrative and support service activities (2.5%).

The average gross wages were 861 euros in July, 842 euros in August and 864 euros in September.

According to the Wages Statistics Survey, the number of employees as at the end of September had increased by 3.8% compared to the same period of 2011.

In the 3rd quarter of 2012, the employer’s average monthly labour costs per employee were 1,158 euros and the average hourly labour costs were 8.22 euros. Compared to the 3rd quarter of 2011, the average monthly labour costs per employee increased by 5.7% and the average hourly labour costs by 7.5%. The average monthly labour costs per employee increased the most in other service activities (14.3%) and the average hourly labour costs in information and communication activity (16.4%).

Compared to the 3rd quarter of 2011, the average monthly labour costs per employee decreased only in transportation and storage (1.0%) and the average hourly labour costs increased the least in the same activity (0.9%).