Timberware LT, UAB - employees and salaries

Company age: 15 y. 9 mo.

Update

Timberware LT - Basic salary and employee information

Number of employees

7

Annual change in number of employees

-22% (-2)

Average salary

2391 €

Change in average wage per year

+13% (+267 €)

Salary compared to sector average

101%

2 391 € 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 %

14,3 %

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.
Timberware LT, UAB (code 302571004) is a Small company operating in wholesale of wood, construction materials and sanitary equipment. The workforce has been relatively stable but has softened in the most recent years. In 2023 and 2024 the company averaged 10 employees, then the average headcount declined to 8 in 2025 and 7 so far in 2026. That corresponds to a 12.5% year-on-year decrease in 2026 and a 30.0% reduction compared with 2024 over two years. Compensation moved in the opposite direction after a weaker 2024. The average monthly gross wage was €2,002.22 in 2023, fell to €1,844.47 in 2024, increased to €2,170.19 in 2025, and reached €2,348.03 so far in 2026. This represents 8.2% growth year on year and 27.3% growth over two years. Based on the latest staffing level, estimated annual payroll is €197.2K. Productivity indicators are strong, with revenue per employee at €992.2K and profit per employee at €31.6K, suggesting a high-value wholesale operation despite the smaller team.

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