IK Šventės, UAB - employees and salaries

Company age: 13 y. 9 mo.

Update

IK Šventės - Basic salary and employee information

Number of employees

10

Annual change in number of employees

+29% (+2)

Average salary

1328 €

Change in average wage per year

+11% (+138 €)

Salary compared to sector average

113%

1 328 € vs 1 180 € sect.

Annual employee turnover

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

38,3 %

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.
IK Šventes, UAB (code 302930514) is a Micro company operating in contract catering service activities and other food service activities. Its workforce expanded from an average of 4 employees in 2023 to 7 in 2024, and the headcount has stayed at 7 on average in 2025 and so far in 2026. This means the main staffing increase happened in 2024, after which employment remained stable. Average monthly gross wages rose from €835.97 in 2023 to €950.62 in 2024, €1,125.99 in 2025, and €1,247.62 so far in 2026. Wage growth was strong over the period, with a year-on-year increase of 10.8% in the latest year and a two-year rise of 31.2%. Based on the latest staffing level, the estimated annual payroll is about €104.8K. Available productivity figures indicate revenue of €57.8K per employee and profit of €10.2K per employee, pointing to a relatively compact but productive workforce.

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