wages

  • CORPORATE
  • Economy
  • Opinion

Foreigner employment incentives lead to uproar

On February 8 the government made it easier to employ specialists from third countries in Lithuania, a list of 27…

8 years ago
  • CORPORATE
  • Opinion

Wage statistics – better to work for the state or for business?

While seeking work based on their profession a person can choose between a government institution and a private company. While…

8 years ago
  • CORPORATE

Bank of Lithuania forecast – how will we live next year?

Employers are struggling for employees still remaining in Lithuania and are raising wages at the fastest rate in the European…

8 years ago
  • CORPORATE

Greedy employers or bad laws: Why are Lithuanian wages lower than in Estonia?

Opinions are divided on why Lithuanians make relatively low wages, even compared to their northern neighbours in Estonia.As pointed out…

8 years ago
  • CORPORATE

Lithuania’s wage and labour productivity dilemma

Lithuania, along with Hungary, Latvia, Romania and Bulgaria, offer the lowest production costs in the EU, the latest Eurostat data…

8 years ago
  • CORPORATE

Salary increases to require €120m from Lithuanian budget

Finance Minister Rasa Budbergytė has met with the Labour Party parliamentary group to discuss possibilities to increase public sector salaries…

8 years ago
  • Economy

Lithuanian minimum wage rises for second time this year

Lithuania's minimum monthly wage will be increasing on Friday by €30 to €380.To read this article, try a €5.99 monthly…

8 years ago
  • CORPORATE

€68 million in wages moved out of the black market in Lithuania last year

Data gathered by SoDra, the state social insurance administrator suggests that wages in Lithuania may be moving from the black…

8 years ago
  • Economy

‘Lithuania should stop raising minimum wage’ – new minister of finance

Authorities should stop increasing the minimum wage, the newly appointed Minister of Finance Rasa Budbergytė has said.To read this article,…

8 years ago
  • CORPORATE

Lithuanian wages growing faster than productivity

The accelerating rate of Lithuanian wage growth has not been met with an increase on labour productivity and the Bank…

8 years ago
  • CORPORATE

Lithuanian labour costs grow

Over the first quarter of this year, labour costs grew by 6.1% compared to the same period last year.Statistics Lithuania…

8 years ago
  • CORPORATE

Lithuanian wage growth fastest since financial crisis

The average wage in Lithuanian was 6.9% higher in the first quarter of 2016 than the same period last year.This…

8 years ago
  • CORPORATE

Salaries in range of Lithuanian sectors catching up to competing countries

While the average monthly salary in Lithuania is still the lowest of comparable countries like Hungary, Slovakia, Poland and the…

9 years ago
  • CORPORATE

Lithuanian salaries to grow strongly this year

The average salary in Lithuania this year will grow by 7% and next year by 6%, according to SEB Bank…

9 years ago
  • CORPORATE

Why are Lithuanian wages the lowest in the region? – An economist explains

The absence of an increase in foreign direct investment into Lithuania is one of the key reasons why the average…

9 years ago
  • CORPORATE

Increasing profitability drives half of Lithuanian companies to raise wages

The number of Lithuanian companies operating profitably increased over the last six months with a majority raising wages, said the…

9 years ago
  • CORPORATE

Salary increases in Latvia outpace Lithuania

The average wage in Latvia has reached €603 after tax in 2015, growing 7.6% from the year before. [...]

9 years ago
  • Economy

Average Lithuanian wage jumps 6%

The average Lithuanian’s monthly pay packet grew by 5.9% in the final quarter of 2015, with a 4.6% rise in…

9 years ago
  • CORPORATE

Radical transformation of education system ‘one of five key steps to narrowing Lithuania’s wage gap with EU’

A radical transformation of the education system in Lithuania is needed to narrow the wage gap between Lithuania and other…

9 years ago
  • CORPORATE

Highest monthly wage in Lithuania hits record €250k in 2015

The highest monthly salary in Lithuania last year hit €250,000 with about 200 people earning into the tens of thousands…

9 years ago