Balcia Insurance SE Lietuvos filialas - employees and salaries

Company age: 9 y. 5 mo.

Update

Basic salary and employee information

Number of employees

80

Annual change in number of employees

+13% (+9)

Average salary

2870 €

Change in average wage per year

+5% (+133 €)

Salary compared to sector average

81%

2 870 € vs 3 553 € sect.

Annual employee turnover

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

28,2 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
Balcia Insurance SE Lietuvos filialas (company code 304498010) is a Medium-sized Lithuanian branch operating in non-life insurance. Its workforce has expanded steadily over the available period. The average headcount rose from 43 employees in 2023 to 62 in 2024, then to 70 in 2025, and reached 74 employees so far in 2026. This shows continued staffing growth over two years, with the latest year-to-date average up by 5.7% year on year and by 19.4% compared with 2024. Monthly gross wages have also moved upward each year: €2,412.59 in 2023, €2,615.03 in 2024, €2,707.24 in 2025, and €2,873.28 so far in 2026. That corresponds to a 6.1% increase from the prior year and a 9.9% rise over two years. Based on the latest average headcount and wage level, the estimated annual payroll is about €2.55M.

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)

Gender equality in the company

Women / men ratio

Female 66%
Male 34%

Wage differences

Women
2635 €
Men
3324 €

Manager's gender

Male