Gargždų banga, UAB - employees and salaries

Company age: 35 y. 7 mo.

Update

Gargždų banga - Basic salary and employee information

Number of employees

8

Annual change in number of employees

-11% (-1)

Average salary

2200 €

Change in average wage per year

+10% (+165 €)

Salary compared to sector average

99%

2 200 € vs 2 233 € sect.

Annual employee turnover

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

22,6 %

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.
Gargždu banga, UAB (code 163131010) is a Micro company operating in publishing of newspapers. The workforce has remained small throughout the available period, moving from 10 average employees in 2023 to 9 in 2024 and 2025, and down to 8 so far in 2026. This means the latest year is running below the previous two years, with employee numbers around one person lower than a year earlier and also below the 2024 level. Average monthly gross wages increased from €1,131.45 in 2023 to €1,346.28 in 2024 and €1,586.18 in 2025, before reaching €1,600.33 so far in 2026. Wage growth has therefore been strong over the last two years, while the latest year shows only a modest increase. Based on the 2026 average headcount and wage, estimated annual payroll is about €153.6K. Productivity data indicates revenue of €27.9K per employee and a loss of €3.4K per employee, suggesting a small-scale operation with moderate turnover per worker and negative profitability per worker in the available financial data.

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