Uždaroji akcinė bendrovė "PADVAISKAS IR KO" - employees and salaries

Company age: 30 y. 8 mo.

Update

PADVAISKAS IR KO - Basic salary and employee information

Number of employees

146

Annual change in number of employees

-19% (-40)

Average salary

1639 €

Change in average wage per year

-3% (-51 €)

Salary compared to sector average

104%

1 639 € vs 1 582 € sect.

Annual employee turnover

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

45,7 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
Uždaroji akcine bendrove "PADVAISKAS IR KO" (code 123467284) is a Medium company engaged in manufacture of furniture. Its workforce has declined from 245 average employees in 2023 to 243 in 2024, 209 in 2025, and 191 on average so far in 2026. That means the headcount is down 8.6% year on year in 2026 and 21.4% over two years, showing a notable contraction in staffing levels after a relatively stable 2023–2024 period. At the same time, pay has continued to rise. The average monthly gross wage was €1,415.25 in 2023, €1,516.07 in 2024, €1,748.69 in 2025, and €1,858.15 so far in 2026. This corresponds to 6.3% wage growth year on year and 22.6% over two years. Based on the latest average headcount and wage level, the estimated annual payroll is about €4.26M so far in 2026. No revenue data is provided, so productivity metrics cannot be calculated from the available information.

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 58%
Male 42%

Wage differences

Women
1616 €
Men
1672 €

Manager's gender

Male