IBG NORDIC, UAB - employees and salaries

Company age: 12 y. 3 mo.

Update

IBG NORDIC - Basic salary and employee information

Number of employees

14

Annual change in number of employees

-25% (-4)

Average salary

1744 €

Change in average wage per year

-5% (-89 €)

Salary compared to sector average

73%

1 744 € 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 %

29,1 %

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.
IBG NORDIC, UAB (company code 303333899) is a Small company operating in the wholesale of watches and jewellery. Its workforce has remained modest over the available period, averaging 16 employees in 2023, 15 in 2024 and 15 in 2025, before easing to 12 on average so far in 2026. This means the latest in-progress year is running below the prior two years, with a year-on-year decline of 20.0% and a similar two-year decrease. Average monthly gross wages have moved steadily higher, from €1,592.77 in 2023 to €1,635.68 in 2024 and €1,841.44 in 2025, reaching €2,073.59 so far in 2026. That represents wage growth of 12.6% year on year and 26.8% over two years. Based on the latest staffing level and wage data, the estimated annual payroll is €298.6K. Productivity indicators are also notable, with revenue per employee at €124.1K and profit per employee at €13.0K, suggesting a relatively efficient small-scale operation.

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