VELVE M.S.T., UAB - employees and salaries

Company age: 14 y. 7 mo.

Update

VELVE M.S.T. - Basic salary and employee information

Number of employees

9

Annual change in number of employees

-18% (-2)

Average salary

5993 €

Change in average wage per year

+49% (+1 983 €)

Salary compared to sector average

252%

5 993 € 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.
VELVE M.S.T., UAB (code 302723138) is a Small company active in the wholesale of wood, construction materials and sanitary equipment. Its workforce has been gradually shrinking in the available period. Average employment stood at 13 in 2023, declined to 12 in 2024, then to 10 in 2025, and so far in 2026 it averaged 9 employees. This means headcount is down 10.0% year on year in 2026 and 25.0% compared with 2024. Average monthly gross wages were €3,589.35 in 2023, €3,365.96 in 2024, €3,762.64 in 2025, and €3,693.61 so far in 2026. Wage levels therefore eased 1.8% year on year in 2026, but remain 9.7% above the 2024 level. Based on the latest staffing data, estimated annual payroll is about €398.9K. Productivity indicators show revenue of €290.4K per employee and profit of €1.4K per employee, suggesting a small but relatively high-wage workforce with modest profit generation per head.

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