Norac, UAB - employees and salaries

Company age: 20 y. 6 mo.

Update

Norac - Basic salary and employee information

Number of employees

142

Annual change in number of employees

-39% (-89)

Average salary

2435 €

Change in average wage per year

+19% (+347 €)

Salary compared to sector average

128%

2 435 € vs 1 896 € sect.

Annual employee turnover

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

51,1 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
Norac, UAB (company code 300544282) is a medium-sized company engaged in the manufacture of metal structures and parts of structures. Its workforce has declined over the available period, from an average of 269 employees in 2023 to 236 in 2024, 205 in 2025, and 140 so far in 2026. That means the average headcount is down 31.7% year on year and 40.7% compared with two years earlier, reflecting a notable reduction in staffing in the latest in-progress year. Average monthly gross wages have moved in the opposite direction, rising from €1,632.14 in 2023 to €1,874.24 in 2024, €1,903.38 in 2025, and €2,249.64 so far in 2026. This represents wage growth of 18.2% year on year and 20.0% over two years. Based on the latest payroll level, estimated annual payroll is about €3.78 million. Productivity indicators show revenue per employee at €65.5K and profit per employee at -€1.6K, suggesting a business with meaningful turnover but modest pressure on profitability per worker.

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
2450 €
Men
2431 €

Manager's gender

Male