Analysis of wage dynamics in a public education institution

Abstract

The article investigates the essence, structure of wages, the system of taxation of income received from employment relations. Wage changes for 2015–2024 have been carried out. In a public educational institution, the analysis reveals trends in the salary of academic employees. In 2015 January 1st in Lithuania, instead of the national currency litas, the euro was introduced as the common European currency, a decade full of changes, based on regulated changes. Although the regulation of labor payment in the Republic of Lithuania is assessed ambiguously due to the abundance of laws and other normative acts and their frequent changes, a regulated, moderate, albeit unclear, increase in wages has been identified. Determining the value of an academic employee's work is variable and sensitive, in the absence of a more detailed and reasoned justification of official coefficients. The results of the analysis allow us to make the assumption that when forecasting and strategizing the support of employees' motivation for scientific activities, it is appropriate to adjust job coefficients while maintaining equal gaps between positions. Keywords: academic employee, wage, wage structure, duty ratios, taxation, taxes and tax contributions.