News

The future face of the Estonian labor market

2/4/2025

Which organizations will survive and thrive in the future? Why are flexibility and lifelong learning key, and how can employers prepare for the changing labor market?

One in five workers belongs to Generation Z: what about their salaries?

10/25/2024

The proportion of Generation Z (born between 1997 and 2012) entering the Baltic labor market is increasing, with current data showing that nearly one in five workers belongs to this generation. Additionally, it's predicted that by 2025, Generation Z will represent over a quarter of the global workforce.

For and against the living wage

10/23/2024

Many employers in Estonia are paying more and more attention to employee well-being. While there are many aspects to well-being, and financial aspects are certainly not the most important, financial security has a direct impact on our sense of well-being and our quality of life. In fact, it is the lack of money that has a direct impact - there are many studies that show that above a certain level of income, people are less and less motivated and happy when they get a salary increase. At the other end, however, scarcity of money can become a dominant preoccupation in a person's daily life, with no way of overcoming it or getting around it. While pay is not a fundamental component of our well-being, it becomes a central problem when people do not earn enough to live in a humane manner. 

Where to Find Salary Information and How to Evaluate It?

10/23/2024

There are many sources where salary information is available— in many countries, the largest salary databases are published on the websites of relevant authorities (in Latvia: the State Revenue Service, in Estonia - the Estonian Tax and Customs Board, in Lithuania - the State Tax Inspectorate). Information can also be found in job advertisements, and, of course, the ever-popular source is “a neighbour said.” Often, information in these sources can vary significantly, which can easily confuse job seekers.

Figure Baltic Advisory: living wage in Tallinn will be €1621 this year - lower than in Vilnius, but similar to that in Riga

10/10/2024

In 2024, a living wage, or the minimum income needed to cover a person's basic needs and maintain a decent standard of living, is €1621 gross in Tallinn and Harju County. Excluding the tax free minimum the living wage in Tallinn and Harju County was €1711 gross. Compared to Latvia and Lithuania, Tallinn will have the lowest minimum subsistence level, while Vilnius has the highest - €2,173 gross. In Riga, the subsistence minimum is similar to Tallinn - €1630 gross.