Varvikas Grupp OU filialas Lietuvoje - employees and salaries

Company age: 4 y. 2 mo.

Update

Basic salary and employee information

Number of employees

8

Annual change in number of employees

+0%

Average salary

1761 €

Change in average wage per year

+13% (+208 €)

Salary compared to sector average

118%

1 761 € vs 1 492 € sect.

Annual employee turnover

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

25,0 %

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.
Varvikas Grupp OU filialas Lietuvoje (code 306121823) is a Micro-sized company operating in specialised retail trade of souvenirs, craftwork and religious articles. Its workforce has remained stable at an average of 8 employees in each available year from 2023 through 2026, so there has been no visible change in headcount over the period. The latest year, 2026, is still in progress, but the average headcount so far remains 8. Average monthly gross wages increased from €1,462.67 in 2023 to €1,543.64 in 2024 and €1,584.33 in 2025, before easing slightly to €1,546.00 so far in 2026. That means wages were broadly flat over the two-year comparison, with only a marginal increase overall, while the latest year shows a modest decline compared with 2025. Based on the latest average wage and staff level, the estimated annual payroll is about €148.4K.

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