Ribotos atsakomybės bendrovės "Riga Leto Latvia" filialas - employees and salaries

Company age: 5 y. 5 mo.

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Basic salary and employee information

Number of employees

31

Annual change in number of employees

-6% (-2)

Average salary

1232 €

Change in average wage per year

+12% (+132 €)

Salary compared to sector average

86%

1 232 € vs 1 437 € sect.

Annual employee turnover

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

23,4 %

Salary information

This description was generated by artificial intelligence for the end of 2025. Report if inaccurate.
Company code 305781342, Ribotos atsakomybes bendroves "Riga Leto Latvia" filialas, is a small company operating in the manufacture of knitted and crocheted apparel. Its workforce has remained stable over the available period. The average employee count was 35 in 2023, then 34 in 2024 and 34 in 2025, before rising slightly to 35 so far in 2026. That means staffing is broadly unchanged overall, with a modest increase of 2.9% compared with both one year and two years earlier. Average monthly gross wages moved from €1,049.78 in 2023 to €1,019.19 in 2024, then increased to €1,067.89 in 2025 and €1,125.47 so far in 2026. This reflects a 5.4% year-on-year wage increase and 10.4% growth over two years. Based on the latest average headcount and wage level, estimated annual payroll is about €472.7K. Overall, the company shows steady employment and gradually improving pay levels in 2026 to date.

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)