logo

Salaries from employees

The data products for employers from Algas.lv will help you harmonize salary expectations of both candidates and employees with your remuneration possibilities.
The Salary Report is suitable for a one-time determination of the salary level on the selected position, while The Salary Tool is suitable in situations when you are looking for data for a bigger number of positions.

Profiles

23,979

Number of participants in salary survey
Clients

1,100+

Number of business clients
Positions

700+

Number of job positions

When reports from Algas.lv help you

Compare salaries in a specific industry and region and set fair rewards for individual positions, in accordance with the company's internal policy.
Salaries from employees
  • Benchmark wages according to selected positions
  • Current data on actual employee wages
  • Detailed salary report for the selected position
  • Collective salary report for selected positions in the company
  • The data take into account seniority, region and industry
Determination of attractive and competitive salary offers for new qualified employees.
Salaries from employees
  • Detailed statistics on actual employee wages
  • The data takes into account region, practice, industry, company size
  • A look at the basic salary, the total salary and the total salary costs helps you prepare a budget
  • Overview of the provision of non-financial benefits
Set competitive salary strategy for new market and fair rewards for employees in different countries.
Salaries from employees
  • Salary overview for over 700 positions
  • Salaries by region, for regional cities and regions
  • With the estimation model, access salary data for over 150 countries worldwide
  • Option to purchase a detailed report or advantageous packages

Price list of Algas.lv services | FOR COMPANIES

Salaries from employees
Salary report
Access for 1 user
99.00 EUR*
Access for 1 user
Ideal for a one-time analysis of a specific job position.
The most popular
Salaries from employees
Twenty
20 positions for a year
990.00 EUR*
Access for 1 user
Suitable for regular monitoring of wage trends for various job positions in various industries.
Salaries from employees
Unlimited
All positions
1,890.00 EUR*
Unlimited number of users, 2 countries
Suitable for large companies that need maximum flexibility for regular monitoring of salary data without restrictions.
*The prices are displayed without 20% VAT
Salary report screenshot

Salary reports

The salary report provides a relevant source of information for HR specialists who need data for effectively setting the salary of a potential as well as a current employee.

The salary report contains:

  • salary for the position taking into account the industry (by region, education, experience, company size, age)
  • the amount of individual wage components
  • non-financial benefits
Cumulative position screenshot

Cumulative positions

Calculate the employee's salary from the roles they perform. Get an overview of wages in selected positions, the activities of which your employee performs. The region, industry, practice and size of the company are also taken into account.

Functions of the Salary Tool

Function 1

Position comparison

Create a report for several positions and analyze the wage differences between all positions in your company in a clear table.

Function 2

Benefits overview

The tool also contains an overview of employees' financial and non-financial benefits

Function 3

Regular comparison

Automatic quarterly comparison of employees' salaries with salaries on the market

Function 4

Data accessibilty

Thanks to the online solution people from the team have an unlimited access to the data

Function 5

Save settings

The option to save selected job positions and go back to them anytime

Function 6

Export of reports

If needed, the report can be generated or printed out in PDF format

Clients experience with our methodology

Person

What you might be interested in about our methodology

Algas.lv collects data directly from employees. Every employee has an intrinsic need to know if he or she is paid fairly, and thousands of people compare their salaries on our website every day. In this way, we naturally obtain data from various employees from various types of companies, from small family businesses to large multinational corporations.

The survey methodology automatically detects extreme values from the very beginning. These are assessed in terms of position and region. Extreme values are detected and do not enter further calculations. Experience has shown that 10% of input data do not pass this filter.

The methodology is ready for that as well. When a survey participant fills in the questionnaire more than once, the system detects the duplicate record and ensures that only one questionnaire enters the resulting calculations. We are very strict about this; the statistics say that 20% of the input data are removed precisely because of this duplicate filter. Only adjusted data are entered into the final calculations from which the reports are performed.

We calculate salaries using quantile regression, which takes into account the relationships between positions, regions, company sizes, education, experience and age. The regression statistical model makes it possible to accurately estimate the amount of salary even with a low number of respondents in the desired sample if there are at least 50 valid completed questionnaires in its database. If we do not have such a number of data for the sample, the outputs are formed from data from the estimation model.

We compare our salary data with several sources, especially with salaries in job advertisements, but also with alternative suppliers of salary data.

The salary survey collects data continuously, 100-500 respondents are added to the survey every day. Each quarter, the regression and estimation models are recalculated, thus ensuring the maximum timeliness of the data in our salary reports.

The list of job positions in the salary survey is based on the labor market and is constantly updated on the basis of suggestions from candidates and employers. The final list also reflects the number of employees in specific positions, as we take into account in particular the possibility of collecting a relevant amount of data. We avoid including very specific positions with a minimal presence on the labor market, as we could not guarantee the desired results. In such cases, we recommend looking for a more general or related position and taking into account the salary range.
Download the current list of positions assigned to individual areas of work. If you are missing a position in the list, contact us.

The client can purchase a Salary Report for a specific position or annual access to the Salary tool for selected countries. These services can also be combined. The price for the report and the tool depends on the selected country for which the service is ordered.

You can read about the entire salary survey methodology on a separate page How the Algas.lv page works .
Puzzle
If you are interested in a custom salary report or other individual solution, please contact us by e-mail: [email protected] or call (+421) 915 595 623.