Balticworks - Basic salary and employee information
Number of employees
37
Annual change in number of employees
-20% (-10)
Average salary
2933 €
Change in average wage per year
+22% (+454 €)
Salary compared to sector average
149%
2 933 € vs 1 962 € sect.
Annual employee turnover
63,4 %
Salary information
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 %