VELO turtas, UAB - employees and salaries

Company age: 17 y. 2 mo.

Update

VELO turtas - Basic salary and employee information

Number of employees

22

Annual change in number of employees

+17% (+3)

Average salary

2558 €

Change in average wage per year

+26% (+510 €)

Salary compared to sector average

121%

2 558 € vs 2 112 € sect.

Annual employee turnover

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

24,5 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
VELO turtas, UAB (code 302424036) is a Small company operating in activities of freight agents and forwarders. Its workforce has expanded steadily over the available period: average headcount rose from 15 in 2023 to 16 in 2024, 18 in 2025 and 20 so far in 2026. This represents year-on-year employee growth of 11.1% and a 25.0% increase over two years. Average monthly gross wages also moved upward each year, from €1,501.79 in 2023 to €1,618.92 in 2024, €1,949.99 in 2025 and €2,471.68 so far in 2026. Wage growth was 26.8% year on year and 52.7% over two years, indicating a notable rise in compensation. Based on the latest staffing level, estimated annual payroll is about €593.2K. Productivity indicators show revenue per employee of €67.2K and profit per employee of €167, suggesting a business with growing staffing and pay levels in a freight forwarding activity.

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)