Šilutės baldai, AB - employees and salaries

Company age: 34 y. 0 mo.

Update

Šilutės baldai - Basic salary and employee information

Number of employees

330

Annual change in number of employees

-32% (-160)

Average salary

1736 €

Change in average wage per year

+4% (+66 €)

Salary compared to sector average

110%

1 736 € vs 1 580 € sect.

Annual employee turnover

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

40,2 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
Šilutes baldai, AB (code 277132130) is a Large furniture manufacturer. Its workforce has moved unevenly over the last four reported years. Average employment was 493 in 2023, fell to 435 in 2024, recovered to 464 in 2025, and stands at 354 so far in 2026. Compared with 2025, this indicates a notable reduction in staffing during the current year; relative to 2024, the latest average headcount is also lower. Pay has followed a steadier upward path. The average monthly gross wage was €1,386.20 in 2023, €1,514.28 in 2024, €1,583.92 in 2025, and €1,615.90 so far in 2026. That means wages are up 2.0% year on year and 6.7% over two years. Based on the latest average employee and wage levels, estimated annual payroll is about €6.86 million. Overall, the company combines a sizeable manufacturing workforce with gradual wage growth, even as staffing has declined in the latest in-progress year.

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

Female 43%
Male 57%

Wage differences

Women
1446 €
Men
1953 €

Manager's gender

Male

Board composition

M:1
F:2

Composition of the Supervisory Board

M:2
F:1