Magnum Medical, UAB - employees and salaries

Company age: 11 y. 1 mo.

Update

Magnum Medical - Basic salary and employee information

Number of employees

55

Annual change in number of employees

+19% (+9)

Average salary

3046 €

Change in average wage per year

-2% (-55 €)

Salary compared to sector average

128%

3 046 € 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 %

27,4 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
Magnum Medical, UAB (company code 304086373) is a Medium-sized company operating in the wholesale of pharmaceutical and medical goods. Its workforce has expanded steadily in the last four years. The company averaged 25 employees in 2023, 29 in 2024, 48 in 2025 and 59 so far in 2026. That means headcount increased by 22.9% year on year and by 103.5% over two years, showing a clear scale-up in staffing. Average monthly gross wages were €1,930.77 in 2023, €1,881.62 in 2024, €2,749.05 in 2025 and €3,046.56 so far in 2026. After a small decline in 2024, pay rose strongly in 2025 and continued to grow in 2026, with 10.8% year-on-year wage growth and 61.9% growth over two years. Based on the latest average headcount and wage level, estimated annual payroll is about €2.16M. The available figures indicate a company that has been hiring actively while also raising compensation.

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

Gender equality in the company

Women / men ratio

Female 69%
Male 31%

Wage differences

Women
2881 €
Men
3415 €

Manager's gender

Female