ALGA-STEEL, UAB - employees and salaries

Company age: 5 y. 9 mo.

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ALGA-STEEL - Basic salary and employee information

Number of employees

30

Annual change in number of employees

-16% (-5)

Average salary

1950 €

Change in average wage per year

+12% (+205 €)

Salary compared to sector average

103%

1 950 € vs 1 891 € sect.

Annual employee turnover

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

32,8 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
ALGA-STEEL, UAB (code 305672122) is a small company operating in the manufacture of other metal tanks, reservoirs and containers. Its workforce has fluctuated over the last four years: average employment was 27 in 2023, rose to 32 in 2024, eased to 30 in 2025, and stands at 27 on average so far in 2026. That means the latest year is below both the 2024 peak and the 2025 level, with a two-year employee decline of 15.6%. Average monthly gross wages have moved upward each year, from €1,449.43 in 2023 to €1,617.03 in 2024, €1,686.63 in 2025, and €1,725.78 so far in 2026. Wage growth is moderate, at 2.3% year on year and 6.7% over two years. Based on the latest staffing and wage level, estimated annual payroll is about €559.2K. Productivity indicators show revenue of €49.2K per employee and a negative profit per employee of €2.3K.

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