ALGOL CHEMICALS, UAB - employees and salaries

Company age: 29 y. 7 mo.

Update

ALGOL CHEMICALS - Basic salary and employee information

Number of employees

10

Annual change in number of employees

+0%

Average salary

3683 €

Change in average wage per year

+5% (+167 €)

Salary compared to sector average

155%

3 683 € vs 2 378 € sect.

Annual employee turnover

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

10,0 %

Number of employees

Number of employees at the end of the year

Number of employees (last 12 months)

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

Average salary (by year)

Average salary (last 12 months)

Overview of company employees and salaries

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
ALGOL CHEMICALS, UAB (code 111582599) is a Small company engaged in the wholesale of agrochemical products and fertilisers. Its workforce has remained fairly stable over the available years, with an average of 10 employees in 2023 and 2024, 9 in 2025, and 10 so far in 2026. That means the latest year shows a modest increase in headcount after a one-person dip in 2025, while the two-year picture is essentially flat. Average monthly gross wages have been rising steadily from €3,538.28 in 2023 to €3,612.78 in 2024, €3,619.82 in 2025, and €4,020.65 so far in 2026. This represents 11.1% year-on-year wage growth in the latest period and 11.3% growth over two years. Based on the latest average headcount and wage level, estimated annual payroll is about €482.5K. Productivity indicators are strong, with revenue per employee at €936.9K and profit per employee at €47.0K.

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