VTI Baltic, UAB - employees and salaries

Company age: 11 y. 4 mo.

Update

VTI Baltic - Basic salary and employee information

Number of employees

23

Annual change in number of employees

+36% (+5)

Average salary

1921 €

Change in average wage per year

-7% (-125 €)

Salary compared to sector average

88%

1 921 € vs 2 177 € sect.

Annual employee turnover

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

107,5 %

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.
VTI Baltic, UAB (code 304048376) is a small company engaged in repair and maintenance of civilian ships and boats. Its workforce has been relatively modest and has moved lower over the last few years, from 23 average employees in 2023 to 19 in 2024 and 15 in 2025. So far in 2026, the company averages 16 employees, which is a slight year-on-year increase, but still below the 2023 level. Over the two-year period, headcount is down by 15.8%. Average monthly gross wages were €1,941.75 in 2023 and €1,969.49 in 2024, before declining to €1,811.30 in 2025 and €1,703.20 so far in 2026. That means wages are down 6.0% year on year and 13.5% over two years. Estimated annual payroll stands at about €327.0K. Based on the available financial indicators, revenue per employee is €47.9K and profit per employee is €1.5K, suggesting a small workforce operating with moderate output per employee.

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