Ride LT, UAB - employees and salaries

Company age: 2 y. 6 mo.

Update

Ride LT - Basic salary and employee information

Number of employees

16

Annual change in number of employees

-12% (-2)

Average salary

1849 €

Change in average wage per year

+23% (+335 €)

Salary compared to sector average

107%

1 849 € vs 1 735 € sect.

Annual employee turnover

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

151,0 %

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.
Ride LT, UAB (code 306703791) is a Micro-sized company operating in the rental and leasing of recreational and sports goods. Its workforce has remained small throughout the available period, averaging 12 employees in 2024, 13 in 2025, and 9 so far in 2026, indicating a clear reduction in staffing in the latest in-progress year. Average gross monthly pay increased from €1,266.59 in 2024 to €1,633.44 in 2025, before easing to €1,443.80 so far in 2026. Even with that decline, wages remain above the 2024 level, with a two-year increase of 14.0%. Based on the latest staffing and pay levels, estimated annual payroll is €155.9K. Productivity indicators show revenue per employee of €66.5K and profit per employee of €317, suggesting a business with relatively high turnover per worker but very modest per-employee profit.

We can offer mass generation of descriptions and translations using artificial intelligence technologies for your business as well. Read more.