VELGA VILNIUS, UAB - employees and salaries

Company age: 25 y. 10 mo.

Update

VELGA VILNIUS - Basic salary and employee information

Number of employees

7

Annual change in number of employees

-13% (-1)

Average salary

1161 €

Change in average wage per year

+11% (+105 €)

Salary compared to sector average

50%

1 161 € vs 2 340 € sect.

Annual employee turnover

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

115,7 %

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

Overview of company employees and salaries

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
VELGA VILNIUS, UAB (code 111719197) is a Micro company engaged in the manufacture of electric motors, generators and transformers. Its average workforce stood at 9 employees in 2023, decreased to 5 in 2024, and then rose to 6 in 2025, staying at 6 so far in 2026. In other words, the latest staffing level is slightly above the 2024 low and about 20% higher than two years earlier, although such movements should be interpreted carefully because the headcount is very small. Average monthly gross wages have increased steadily from €827.71 in 2023 to €870.57 in 2024, €894.61 in 2025, and €953.15 in 2026 so far. That corresponds to wage growth of 6.5% year on year and 9.5% over two years. Based on the latest average staffing and wage level, estimated annual payroll is about €68.6K. Available productivity indicators show revenue per employee of €37.9K and profit per employee of -€6.9K, suggesting limited profitability at employee level in the reported period.

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