Revenue Per Employee: Difference between revisions
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=Wealth Concentration= | =Wealth Concentration= | ||
*Walmart pays an average of $25k for full time people at about $13 per hour. [https://www.google.com/amp/s/www.forbes.com/sites/eriksherman/2018/01/14/4-hard-facts-about-walmarts-touted-new-11-entry-wage/amp/] That is 20x less than the revenue per employee. Employees earn 5% of what they bring in. | *Walmart pays an average of $25k for full time people at about $13 per hour. [https://www.google.com/amp/s/www.forbes.com/sites/eriksherman/2018/01/14/4-hard-facts-about-walmarts-touted-new-11-entry-wage/amp/] That is 20x less than the revenue per employee. Employees earn 5% of what they bring in. The missing piece of info is what is the net revenue per employee. | ||
*Is there a name for this number? There needs to be. | *Is there a name for this number? There needs to be. | ||
*The closest existing ratio for this is the Wage Ratio - ratio of pay of top to bottom wage. | *The closest existing ratio for this is the Wage Ratio - ratio of pay of top to bottom wage. |
Revision as of 16:18, 27 January 2022
Here are examples of what different companies make in revenue per employee per year:
- $1M - Google
- $2M - Apple
- $500k - Walmart
- $400k - Amazon
- Menards - $9B, 45000 - $200k
- Whole Foods - $16B, 91000 - $175k
- $4M - Saudi Aramco
- $3M - Exxon
- FB - $41B, 25105 - $1.6M
- $100k - Wikipedia
- John Deere - $30B for 57,000 people - $500k/employee
- Berkshire Hathaway - $600k - 250000000000/377000
- PBS - $400M, unknown number of employees
- Salvation Army - $3.7B, 1.7M - $2000
- United Way - $92M,
- Lulzbot - $5M, 220 - $24k
- Prusa - $160k based on 350 employees and 6000 printers sold per month
Wealth Concentration
- Walmart pays an average of $25k for full time people at about $13 per hour. [1] That is 20x less than the revenue per employee. Employees earn 5% of what they bring in. The missing piece of info is what is the net revenue per employee.
- Is there a name for this number? There needs to be.
- The closest existing ratio for this is the Wage Ratio - ratio of pay of top to bottom wage.
- A reasonable name should be value capture ratio. For an owner operator, the ratio is 1. For Walmart, it is 5%.
OSE Case - Value Capture Ratio
- OSE proposes in general that that a higher value capture ratio is more desirable than a lower one. Achieving a global ratio of 1 means that everyone is self-employed.
- For mass creation of right livelihood, VCR of 1 is good. If there is an infrastructure for marketing, and R&D - that is a cost included in the distributed enterprises.
- VCR=1 has the potential to be non-controversial, as it can possibly satisfy both the 'capitalists' and 'socialists'. VCR does not cap revenue, it just caps Parasitic Economic Behavior.