Uždaroji akcinė bendrovė "V. Padagas ir Ko" - employees and salaries

Company age: 31 y. 2 mo.

Update

V. Padagas ir Ko - Basic salary and employee information

Number of employees

56

Annual change in number of employees

-3% (-2)

Average salary

2556 €

Change in average wage per year

+8% (+184 €)

Salary compared to sector average

113%

2 556 € vs 2 262 € sect.

Annual employee turnover

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

25,3 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
Uždaroji akcine bendrove "V. Padagas ir Ko" (company code 170015127) is a Medium-sized business operating in the manufacture of agricultural and forestry machinery. Its workforce has been broadly stable in recent years. The company averaged 61 employees in 2023 and 59 employees in 2024, a small reduction that then held steady through 2025 and so far in 2026, when the average headcount remains 59. This suggests a relatively consistent staffing level with no major expansion or contraction. Average monthly gross pay increased from €1,979.97 in 2023 to €2,178.26 in 2024, €2,237.85 in 2025, and €2,325.25 so far in 2026. The latest year shows a 3.9% wage increase year on year, and wages are up 6.8% over two years. Based on the latest staffing level, estimated annual payroll is about €1.65M. Productivity indicators show revenue per employee of €82.6K and profit per employee of €3.3K.

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 93%

Wage differences

Women
2847 €
Men
2535 €

Manager's gender

Male