BaltMed, UAB - employees and salaries

Company age: 15 y. 8 mo.

Update

BaltMed - Basic salary and employee information

Number of employees

7

Annual change in number of employees

+0%

Average salary

3532 €

Change in average wage per year

+13% (+411 €)

Salary compared to sector average

149%

3 532 € 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

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

Overview of company employees and salaries

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
BaltMed, UAB (code 302582602) is a Micro company operating in the wholesale of pharmaceutical and medical goods. The workforce has remained small over the available period, averaging 8 employees in 2023 and 2024, before easing to 7 in 2025 and staying at 7 so far in 2026. This means the headcount has been broadly stable, with a slight reduction over the last two years. Compensation has moved upward throughout the period: average monthly gross wages were €2,680.82 in 2023, €2,968.64 in 2024, €3,055.41 in 2025, and €3,360.62 so far in 2026. The latest wage level is 10.0% higher than a year earlier and 13.2% above the 2024 level. Based on the current average pay and staffing level, the estimated annual payroll is about €282.3K. Productivity indicators show revenue per employee of €276.8K and profit per employee of €2.3K, suggesting a business with high turnover per worker and modest profit generation per employee.

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