Memel Trading, UAB - employees and salaries

Company age: 15 y. 8 mo.

Update

Memel Trading - Basic salary and employee information

Number of employees

11

Annual change in number of employees

-21% (-3)

Average salary

1021 €

Change in average wage per year

-5% (-55 €)

Salary compared to sector average

65%

1 021 € vs 1 566 € sect.

Annual employee turnover

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

48,3 %

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.
Memel Trading, UAB (code 302596107) is a Small company engaged in installation of electrical wiring and fittings in buildings and constructions. The workforce averaged 12 employees in 2023, increased to 14 in 2024, stayed at 14 in 2025, and so far in 2026 averages 12 employees. This shows a rise in staffing in 2024, followed by a reduction in the latest in-progress year back to the 2023 level. Average monthly gross wages have moved steadily higher, from €958.11 in 2023 to €1,103.74 in 2024, €1,121.54 in 2025, and €1,182.12 so far in 2026. Wage growth was 5.4% year on year and 7.1% over two years. Estimated annual payroll is about €170.2K. Available productivity indicators show revenue per employee of €38.8K and profit per employee of €2.3K.

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