LITSPIN, UAB - employees and salaries

Company age: 26 y. 1 mo.

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LITSPIN - Basic salary and employee information

Number of employees

69

Annual change in number of employees

+15% (+9)

Average salary

2126 €

Change in average wage per year

+21% (+368 €)

Salary compared to sector average

123%

2 126 € vs 1 731 € sect.

Annual employee turnover

Employee turnover rate = (number of employees who left during the year / average annual number of employees) x 100 %

16,2 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
LITSPIN, UAB (code 110850336) is a Medium-sized company operating in preparation and spinning of textile fibres. Its workforce has remained fairly stable over the available period, moving from 63 average employees in 2023 to 67 in 2024, then easing to 64 in 2025 before reaching 68 on average so far in 2026. This means the latest average headcount is slightly above the 2024 and 2025 levels, with a modest two-year increase overall. Employee growth is reported at +6.2% year on year and +1.5% over two years, although the small workforce makes single-person changes more visible in the trend. Compensation has risen more steadily: average monthly gross wages increased from €1,404.48 in 2023 to €1,677.51 in 2024, €1,843.39 in 2025, and €2,077.44 so far in 2026. That corresponds to wage growth of +12.7% year on year and +23.8% over two years. Based on the latest staffing level and pay, estimated annual payroll is about €1.70M.

Number of employees

Employee turnover rate

Employee turnover is a term describing the process when employees leave an organization and are replaced by new ones. It is an important human resource management indicator reflecting the quality of the company's work environment, employee satisfaction, and organizational culture.

Employee turnover rate = (number of employees who left during the year / average annual number of employees) x 100 %

Average salary

Gender equality in the company

Women / men ratio

Female 63%
Male 37%

Wage differences

Women
1988 €
Men
2364 €

Manager's gender

Female

Board composition

?:3