Velvet Hotel 1900, UAB - employees and salaries

Company age: 9 y. 11 mo.

Update

Velvet Hotel 1900 - Basic salary and employee information

Number of employees

5

Annual change in number of employees

+67% (+2)

Average salary

1186 €

Change in average wage per year

+23% (+206 €)

Salary compared to sector average

88%

1 186 € vs 1 340 € sect.

Annual employee turnover

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

90,6 %

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.
Velvet Hotel 1900, UAB (code 304412890) is a Micro company operating in holiday and other short-stay accommodation n.e.c. The workforce remains very small, with an average of 2 employees in 2023, 3 in 2024 and 2025, and 4 employees so far in 2026. This points to a gradual expansion over the latest two years rather than a sharp change. Average monthly gross wages also increased steadily: €779.51 in 2024, €1,033.72 in 2025, and €1,291.88 so far in 2026. That means pay has risen strongly both year on year and over the two-year period, although the small headcount means staffing shifts should be read cautiously. Based on the latest average workforce and wage level, estimated annual payroll is about €62.0K. Productivity indicators are relatively strong, with revenue per employee at €96.2K and profit per employee at €43.1K. Overall, the company shows a small but growing staffing profile, with rising compensation alongside meaningful per-employee output.

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