Iter novum, UAB - employees and salaries

Company age: 12 y. 0 mo.

Update

Iter novum - Basic salary and employee information

Number of employees

31

Annual change in number of employees

+14% (+4)

Average salary

1968 €

Change in average wage per year

+13% (+204 €)

Salary compared to sector average

132%

1 968 € vs 1 488 € sect.

Annual employee turnover

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

35,5 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
Iter novum, UAB (company code 303403080) is a small company operating in new construction. Its workforce has expanded steadily over the available period, rising from 24 average employees in 2023 to 26 in 2024, 28 in 2025, and 32 so far in 2026. That means staffing is up 14.3% year on year in the latest period and 23.1% over two years, showing continued gradual hiring. Average monthly gross wages also increased from €1,228.23 in 2023 to €1,542.49 in 2024, then €1,551.26 in 2025, before easing slightly to €1,535.30 so far in 2026. This leaves wages broadly stable over the last two years, with a small decline of 1.0% year on year in the latest period. Based on the current workforce and wage level, estimated annual payroll is about €589.6K. The company also shows revenue per employee of €179.5K and profit per employee of €19.1K, indicating meaningful output per staff member within its construction activity.

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)