Nova Balt, UAB - employees and salaries

Company age: 20 y. 4 mo.

Update

Nova Balt - Basic salary and employee information

Number of employees

8

Annual change in number of employees

+0%

Average salary

1479 €

Change in average wage per year

+15% (+201 €)

Salary compared to sector average

62%

1 479 € 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 %

12,4 %

Number of employees

Number of employees at the end of the year

Number of employees (last 12 months)

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

Average salary (by year)

Average salary (last 12 months)

Overview of company employees and salaries

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
Nova Balt, UAB (code 300567765) is a Micro company engaged in wholesale of wood, construction materials and sanitary equipment. The average workforce stood at 8 employees so far in 2026, unchanged from 2025. This follows a gradual reduction from 9 employees in 2024 and 13 in 2023, so the company is operating with a leaner staff base than two years earlier. Average monthly gross pay was €1,273.72 in 2023, eased to €1,200.81 in 2024, then rose to €1,314.97 in 2025 and €1,403.66 so far in 2026. Wages are up 6.7% year on year and 16.9% over two years. Based on the latest average headcount and wage level, estimated annual payroll is about €134.8K. Financial productivity indicators show revenue per employee of €96.9K and profit per employee of -€7.4K.

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