Inovatech Baltic, UAB - employees and salaries

Company age: 13 y. 10 mo.

Update

Inovatech Baltic - Basic salary and employee information

Number of employees

9

Annual change in number of employees

+13% (+1)

Average salary

442 €

Change in average wage per year

-3% (-13 €)

Salary compared to sector average

33%

442 € vs 1 323 € sect.

Annual employee turnover

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

21,2 %

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.
Inovatech Baltic, UAB (code 302908158) is a Micro company operating in other building and industrial cleaning activities. Its workforce has remained small and fairly stable, with 9 average employees in 2023, 8 in 2024, 8 in 2025, and 9 so far in 2026. This means the latest average headcount is back at 9, with a 12.5% increase year on year and also over the two-year period, although with such a small team even one employee changes the rate noticeably. Average monthly gross wages moved from €471.31 in 2023 to €498.15 in 2024, then eased to €451.31 in 2025 and €410.98 so far in 2026. That implies a decline of 8.9% year on year and 17.5% over two years. Based on the latest staffing and wage level, the estimated annual payroll is about €44.4K. Productivity indicators show revenue per employee at €49.3K and profit per employee at -€3.1K, suggesting solid turnover relative to headcount but negative per-employee profit.

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