V. Baltakio, IĮ - employees and salaries

Company age: 27 y. 2 mo.

Update

V. Baltakio - Basic salary and employee information

Number of employees

7

Annual change in number of employees

-36% (-4)

Average salary

1088 €

Change in average wage per year

+9% (+89 €)

Salary compared to sector average

73%

1 088 € vs 1 489 € sect.

Annual employee turnover

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

46,6 %

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.
V. Baltakio, II (company code 184206377) is a Micro company engaged in repair and renovation of buildings. Its workforce has gradually narrowed over the available years: the average headcount was 12 in 2023, 11 in 2024, 10 in 2025, and 8 so far in 2026. That means staffing is down by 20.0% year on year and by 27.3% compared with two years earlier, reflecting a modest but clear reduction in scale. Average monthly gross wages were relatively stable around the €1.0K mark in 2023-2025, at €1,019.22, €1,030.73 and €1,023.58 respectively, before easing to €944.44 so far in 2026. This corresponds to a 7.7% decline year on year and an 8.4% decrease versus 2024. Based on the latest average wage and headcount, estimated annual payroll is about €90.7K so far in 2026. Overall, the company remains small, with a leaner workforce and slightly softer compensation in the latest in-progress year.

We can offer mass generation of descriptions and translations using artificial intelligence technologies for your business as well. Read more.