Balaretis, UAB - employees and salaries

Company age: 7 y. 3 mo.

Update

Balaretis - Basic salary and employee information

Number of employees

10

Annual change in number of employees

+100% (+5)

Average salary

1377 €

Change in average wage per year

+7% (+93 €)

Salary compared to sector average

77%

1 377 € vs 1 792 € sect.

Annual employee turnover

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

20,2 %

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.
Balaretis, UAB (code 305189312) is a Micro company engaged in the manufacture of jewellery and related articles. Its workforce has expanded steadily in recent years: the average headcount increased from 2 employees in 2023 to 3 in 2024, then to 6 in 2025, and reached 10 employees so far in 2026. This indicates a rapid build-up of staff over a short period, with the latest year still in progress. Average monthly gross wages were €878.43 in 2024, rose to €1,541.69 in 2025, and then eased to €1,449.00 so far in 2026. Overall, compensation remains well above the 2024 level and the two-year wage trend is strongly upward despite the slight latest-year decline. Based on the latest average headcount and wage level, the estimated annual payroll is about €173.9K. The available figures suggest a small but growing manufacturing business with expanding staffing needs and a rising payroll base.

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