NovaPay EU, UAB - employees and salaries

Company age: 4 y. 1 mo.

Update

NovaPay EU - Basic salary and employee information

Number of employees

6

Annual change in number of employees

-14% (-1)

Average salary

4694 €

Change in average wage per year

+82% (+6 220 €)

Salary compared to sector average

140%

4 694 € vs 3 347 € sect.

Annual employee turnover

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

27,0 %

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.
NovaPay EU, UAB (code 306126592) is a Small company operating in other activities auxiliary to financial services, except insurance and pension funding. Its workforce has stayed modest and fairly stable: the average headcount was 6 in 2023, increased to 8 in 2024, and then stood at 7 in 2025 and so far in 2026. The latest average employee count is 7, slightly below the 2024 peak and broadly in line with 2025. Over the latest two-year period, the average workforce eased from 8 to 7. Average monthly gross wages rose from €4,495.31 in 2023 to €6,121.68 in 2024, reached €7,858.77 in 2025, and are €7,157.12 so far in 2026. That means wages are down 8.9% year on year, but still 16.9% above the 2024 level and clearly above 2023. With 7 employees and an estimated annual payroll of €601.2K, the company shows a relatively high compensation profile. Profit per employee stands at €48.1K, indicating notable productivity for a small workforce.

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