Forge LT Engineering, UAB - employees and salaries

Company age: 31 y. 4 mo.

Update

Forge LT Engineering - Basic salary and employee information

Number of employees

72

Annual change in number of employees

+13% (+8)

Average salary

2205 €

Change in average wage per year

+12% (+238 €)

Salary compared to sector average

117%

2 205 € vs 1 891 € sect.

Annual employee turnover

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

19,8 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
Forge LT Engineering, UAB (code 147968161) is classified as a Medium company and operates in Manufacture of other fabricated metal products n.e.c. Its workforce has remained relatively stable in recent years, averaging 62 employees in 2023, 61 in 2024 and 61 in 2025. So far in 2026, the average headcount has increased to 66 employees, indicating a moderate expansion compared with both 2025 and 2024. Employee growth is +8.2% year on year and also +8.2% over two years. Average monthly gross wages have increased each year, from €1,873.02 in 2023 to €1,919.34 in 2024, €2,129.62 in 2025, and €2,198.01 so far in 2026. Wage growth stands at +3.2% year on year and +14.5% over two years. Based on the latest staffing level and wage data, the estimated annual payroll is about €1.74M. Productivity indicators show revenue per employee of €74.1K and profit per employee of €5.8K.

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

Male 89%

Wage differences

Women
1961 €
Men
2235 €

Manager's gender

Male