Estonia -Wage increase and expectations surveyed -September 12, 2013

A nationwide annual salary and market forecast survey by Fontes shows that wages have been increasing this year faster than in any of the past five years. The study shows that basic monthly wages have increased in average 9%. Wage expectations of people are growing, regardless of whether they are earning lower and higher wages. A survey of job advertisements made in the 2nd quarter of 2013 shows that in average, enterprises offered employees €963 a month, an increase of 24.4% year compared to the corresponding period a year ago. It’s also 13% higher than in the 1st quarter. Analysts say that that the growth in the 2nd quarter was financed mainly by the increase in corporate profits. According to Wages and Salaries Statistic Survey published by Statistic Estonia the wages and salaries in the 2nd quarter increased 8.5% on year.

English: http://news.postimees.ee/1371042/survey-pay-offers-increase-24-pct-on-year-in-q2 

http://balticbusinessnews.com/article/2013/9/4/estonian-analyst-wage-growth-funded ...

http://balticbusinessnews.com/article/2013/9/12/expert-wage-expecations-higher-than ...

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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