IREC Baltic, UAB - employees and salaries

Company age: 17 y. 10 mo.

Update

IREC Baltic - Basic salary and employee information

Number of employees

20

Annual change in number of employees

+18% (+3)

Average salary

2909 €

Change in average wage per year

-7% (-225 €)

Salary compared to sector average

203%

2 909 € vs 1 434 € sect.

Annual employee turnover

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

10,3 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
IREC Baltic, UAB (code 302290726) is a Medium-sized company operating in development of building projects. Its workforce has expanded steadily over the available period: the average headcount was 14 in 2023, 15 in 2024, 17 in 2025 and 19 so far in 2026. That means employment is up by 11.8% year on year in 2026 and by 26.7% over two years. Average monthly gross wages were €3,303.48 in 2023, €3,306.27 in 2024, €3,141.88 in 2025 and €3,079.71 so far in 2026. Pay was broadly stable in 2024, then eased in the following two years, with a 2.0% year-on-year decline in 2026 and a 6.8% decrease versus 2024. Based on the latest staffing level and wage level, the estimated annual payroll is €702.2K. Financial productivity indicators show revenue per employee of €170.6K and profit per employee of €401, suggesting a business with relatively high revenue generation per worker while profitability remains modest.

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)

Gender equality in the company

Women / men ratio

Female 57%
Male 43%

Wage differences

Women
2217 €
Men
3831 €

Manager's gender

Male