Šiaulių Techvitas, UAB - employees and salaries

Company age: 16 y. 8 mo.

Update

Šiaulių Techvitas - Basic salary and employee information

Number of employees

7

Annual change in number of employees

+17% (+1)

Average salary

1533 €

Change in average wage per year

-2% (-29 €)

Salary compared to sector average

64%

1 533 € 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 %

0,0 %

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.
Šiauliu Techvitas, UAB (company code 302474224) is a Micro-sized company operating in wholesale of other machinery and equipment. Its workforce has been very stable over the available period: the average headcount was 6 in 2023, 2024 and 2025, and rose to 7 so far in 2026. Because the base is small, this one-person increase is meaningful and corresponds to 16.7% year over year and over the two-year comparison. Average monthly gross wages increased each year, from €1,203.86 in 2023 to €1,357.90 in 2024 and €1,469.87 in 2025, reaching €1,496.84 so far in 2026. That represents a 1.8% year-over-year increase and 10.2% growth over two years. Based on the latest average wage and headcount, estimated annual payroll is about €125.7K. Productivity indicators are also available: revenue per employee stands at €268.5K and profit per employee at €13.2K, suggesting a relatively strong output per worker for a small team.

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