Velkas, UAB - employees and salaries

Company age: 8 y. 7 mo.

Update

Velkas - Basic salary and employee information

Number of employees

5

Annual change in number of employees

+25% (+1)

Average salary

1942 €

Change in average wage per year

-13% (-295 €)

Salary compared to sector average

82%

1 942 € 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 %

0,0 %

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.
Velkas, UAB (code 304756222) is a Micro-sized company operating in other specialised wholesale n.e.c. Its workforce has been stable at an average of 4 employees in 2023, 2024 and 2025, and it has remained at 4 employees so far in 2026. Average monthly gross pay increased from €1,981.67 in 2023 to €2,140.42 in 2024, then moved to €2,174.49 in 2025 before easing to €2,113.33 so far in 2026. This means wages were higher than in 2023 overall, but slightly below the 2025 level. The latest wage reading shows a 2.8% year-on-year decline and a 1.3% decrease over two years. Based on the latest payroll level, estimated annual payroll is about €101.4K. Productivity indicators show revenue of €149.1K per employee and profit of €53 per employee.

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