All Big Four tech companies are there... except Amazon.
That's just because Amazon's warehouse workers are employees instead if outsourced.
What industry has the highest revenue per employee?
111–120 of 132 posts
Re: What industry has the highest revenue per employee?
#112How can any software developer at, say, Apple or Facebook see this and not think they're under compensated.
I'm more concerned about the janitors at Facebook that are earning $15 per hour with minimal benefits [1]. Those free meals and free gyms at Facebook and Apple are only for the alphas, the epsilons are there simply to cook their food and clean up after them. To actually answer your question though, companies will pay the lowest wage possible while still being able to sufficiently fill positions. For engineers at Face…
There's an interesting comment in that article, by someone who doesn't believe in the Copenhagen intepretation of social justice.
> She said she liked working at Facebook and didn’t resent the engineers and product managers she cleans up after. “I know that they are the ones that are making the money,” she said in Spanish. “They are the ones doing the hard job and getting fair pay.”
Re: What industry has the highest revenue per employee?
#113Earlier quoted context omitted.
Google search ( and all web search engines ) disappearing would probably cause serious productivity decline in many fields like law enforcement, research and development, supply chain management etc Being able to acquire, understand and act on the right information at the right time is probably extremely important to our civilization
> Being able to acquire, understand and act on the right information at the right time is probably extremely important to our civilization It's important but not that much. We did just fine without it in the 90s, 80s, and 70s and earlier. So at best we'd be back to the 80s level of efficiency. Without energy and fossil fuels (and with no time to adjust to alternative sources, e.g. in a sudden disappearance) we'd get…
Modern energy is clearly how we are all living like kings. Without it, we would not be able to feed all the people, build sky scrapers, build transport lines, cars and other machines - basically on autopilot - so most people can sit at home and watch memes all day.
Of course losing access to energy would be far more catastrophic than losing access to search and computing. I was only making the point that it would be more than just annoying
Re: What industry has the highest revenue per employee?
#114Earlier quoted context omitted.
> Being able to acquire, understand and act on the right information at the right time is probably extremely important to our civilization It's important but not that much. We did just fine without it in the 90s, 80s, and 70s and earlier. So at best we'd be back to the 80s level of efficiency. Without energy and fossil fuels (and with no time to adjust to alternative sources, e.g. in a sudden disappearance) we'd get…
Again, I think this comparison is a bit contrived -- an entire industry vs. one product at one company. Google's search engine disappearing is more analogous to a railroad or pipeline subsidiary of an oil company. Life would continue, the railway/pipeline would be rebuilt, and in 10 years everything would be back to normal. If you want to make an accurate analogy, compare the disappearance of oil to the disappearance…
>Again, I think this comparison is a bit contrived -- an entire industry vs. one product at one company. Google's search engine disappearing is more analogous to a railroad or pipeline subsidiary of an oil company.
You're focusing on the wrong thing on my argument. I used Google as a stand-in for web search in general -- regardless of company. Because for me, and most of the west, Google is that: all of search.
My argument wasn't really about the one company, or about not being able to replace the company (we could just use Bing and make do with it if that was all I meant it for).
What's more, I also think my argument would hold even if taken to mean the web in general (and not just search). It would still be less catastrophic (and quite mild after a small re-adjustment period) than losing the fossil energy sector.
>If you want to make an accurate analogy, compare the disappearance of oil to the disappearance of all modern computing. Both would be catastrophic.
Both would be catastrophic but the latter less so. We did fine with minimal to no computers in the 60s. We can always go back to that level, which is not that savage or even old. Without fossil fuels (and no transition period to slowly replace them in toto with alternative sources) there would be zombie apocalypse levels of mayhem.
Re: What industry has the highest revenue per employee?
#115Earlier quoted context omitted.
Again, I think this comparison is a bit contrived -- an entire industry vs. one product at one company. Google's search engine disappearing is more analogous to a railroad or pipeline subsidiary of an oil company. Life would continue, the railway/pipeline would be rebuilt, and in 10 years everything would be back to normal. If you want to make an accurate analogy, compare the disappearance of oil to the disappearance…
> Again, I think this comparison is a bit contrived -- an entire industry vs. one product at one company. Google's search engine disappearing is more analogous to a railroad or pipeline subsidiary of an oil company. You're focusing on the wrong thing on my argument. I used Google as a stand-in for web search in general -- regardless of company. Because for me, and most of the west, Google is that: all of search. My a…
> Without fossil fuels (and no transition period to slowly replace them in toto with alternative sources) there would be zombie apocalypse levels of mayhem.
I generally agree with your argument, but I'm not sure if, with sudden loss of general-purpose computing, we wouldn't have small-scale zombie apocalypse on our hands. The world has grown in many ways since the 60s - including population and complexity of supply chains. All of this would have to be scaled down, and here "scaled down" means mass loss of life.
Re: What industry has the highest revenue per employee?
#116Earlier quoted context omitted.
That doesn't make it less true.
Why are you assuming OP’s statement is true? It’s demonstrably false especially relative to other employers in the region. Foxconn standards are actually quite high relative to other manufacturers. People there want to work at Foxconn. The “slavery” rhetoric is entirely baseless.
It may be false by other means, but the fact that other orgs do the same is irrelevant.
Re: What industry has the highest revenue per employee?
#117Earlier quoted context omitted.
Why are you assuming OP’s statement is true? It’s demonstrably false especially relative to other employers in the region. Foxconn standards are actually quite high relative to other manufacturers. People there want to work at Foxconn. The “slavery” rhetoric is entirely baseless.
It may be false by other means, but the fact that other orgs do the same is irrelevant.
Fair, I concede that. I still maintain that OP's statement contributed nothing of value to the discussion.
Re: What industry has the highest revenue per employee?
#118Earlier quoted context omitted.
> Again, I think this comparison is a bit contrived -- an entire industry vs. one product at one company. Google's search engine disappearing is more analogous to a railroad or pipeline subsidiary of an oil company. You're focusing on the wrong thing on my argument. I used Google as a stand-in for web search in general -- regardless of company. Because for me, and most of the west, Google is that: all of search. My a…
> Without fossil fuels (and no transition period to slowly replace them in toto with alternative sources) there would be zombie apocalypse levels of mayhem. I generally agree with your argument, but I'm not sure if, with sudden loss of general-purpose computing, we wouldn't have small-scale zombie apocalypse on our hands. The world has grown in many ways since the 60s - including population and complexity of supply c…
For starters, the sudden loss of all modern computing would cripple oil extraction, transportation, and refining for years on end.
Re: What industry has the highest revenue per employee?
#119Earlier quoted context omitted.
Actually, it does, and that's why folks are arguing for comparing profit instead of revenue per employee. As others in this thread have pointed out, if you utilize tons of contractors, your revenue per employee may look huge, but your profit per employee will go down because you still have to pay all those people. Whether you use contractors or employees, it still comes out of your bottom line. Now, I assume what you…
Tbf, those are trivially not mathematically equivalent (even taking profit instead of revenue). Suppose each contracted worker cost $1/yr in salaries, and there were 1000 contractors/1000 in-house employees. Then without including contractors, the profit per employee is (X-1000)/1000 ~ X/1000, while including it is (X-1000)/2000 ~ X/2000, much lower. Including or not contractors does have a potentially large differen…
They are mathematically equivalent in the sense that they are both equally worthless measurements for the same reason. In both cases, contractors contribute the the numerator without contributing to the denominator.
Using profit seems slightly better (theoretically, it gauges how effective management is at converting contractor effort into profit). But we all know that you can't compare the term "profits" between industries, whereas, revenue is consistent no matter what your business is.
Re: What industry has the highest revenue per employee?
#120Earlier quoted context omitted.
> Without fossil fuels (and no transition period to slowly replace them in toto with alternative sources) there would be zombie apocalypse levels of mayhem. I generally agree with your argument, but I'm not sure if, with sudden loss of general-purpose computing, we wouldn't have small-scale zombie apocalypse on our hands. The world has grown in many ways since the 60s - including population and complexity of supply c…
For starters, the sudden loss of all modern computing would cripple oil extraction, transportation, and refining for years on end.
Would it? We transported as much oil in the 70s without "all modern computing". Faxing maybe...