IVABALTĖ, UAB - employees and salaries

Company age: 31 y. 1 mo.

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IVABALTĖ - Basic salary and employee information

Number of employees

79

Annual change in number of employees

+11% (+8)

Average salary

3614 €

Change in average wage per year

+6% (+194 €)

Salary compared to sector average

152%

3 614 € vs 2 378 € sect.

Annual employee turnover

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

16,9 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
IVABALTE, UAB (code 173111650) is a medium-sized company operating in the wholesale of agricultural machinery, equipment and supplies. Its workforce has remained relatively stable over the available period, moving from 74 average employees in 2023 to 70 in 2024, then recovering to 73 in 2025 and 76 so far in 2026. This means headcount is up 4.1% year on year and 8.6% over two years, showing gradual expansion after a brief dip in 2024. Compensation has increased steadily each year: the average monthly gross wage was €2,528.15 in 2023, €2,859.82 in 2024, €3,265.88 in 2025 and €3,848.86 so far in 2026. Wage growth reached 17.9% year on year and 34.6% over two years, indicating strong upward pressure on pay levels. Based on the latest staffing level, estimated annual payroll is €3.51M. Productivity indicators are also notable, with revenue per employee at €643.0K and profit per employee at €25.5K, suggesting a high-value wholesale business with a compact but well-paid workforce.

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 80%

Wage differences

Women
3343 €
Men
3683 €

Manager's gender

Female