Anything hacking related. Law hacking and calitalsystemhacking come to mind. The reward for effort needs to be decoupled from effort after a first investment and the rent seeking mechanism needs to be enhanced by the system.
What industry has the highest revenue per employee?
81–90 of 132 posts
Re: What industry has the highest revenue per employee?
#82I feel this is missing some industries with smaller company sizes and extreme employee to revenue ratios, e.g. Hedgefunds, High-end Legal Practices etc. Even more so as these may have the ability to avoid support-functions (HR, Mid Level Management etc.) that don't directly add to the bottom line.
Re: What industry has the highest revenue per employee?
#83Multiple HFT companies would be top 10 on that list.
There's been a lot of consolidation in the HFT sector recently [1]. Back in 2008, when HFT was hot and new, a lot of money was made. But lower post crisis volatility and multiple HFT firms chasing the same opportunities has compressed margins. The party is over... [1] https://www.thetradenews.com/hft-not-so-flashy-anymore/
I may agree with some of what's written and I completely agree with the overall conclusion, but the writing seems to be pretty low effort.
> Finally Two Sigma Securities, the market making arm of Chicago based quantitative hedge fund Two Sigma, will purchase the options trading business of Interactive Brokers.
Re: What industry has the highest revenue per employee?
#84I'm going to go out on a limb with no evidence what-so-ever and say anesthetists.
Re: What industry has the highest revenue per employee?
#85Earlier quoted context omitted.
Better yet would be an earnings per hour worked since not all employees work full time, and some companies encourage a lot of overtime.
This, and more importantly, mattzito comment on external contractors and outsourcing. Energy companies do that a lot.
Wouldn't profit per employee per hour make more sense?
Re: What industry has the highest revenue per employee?
#86Reinsurance. A company like RGA has $12.5B revenue with about 2600 employees.
So about $5M per employee
https://www.rgare.com/about-rga/rga-key-facts-and-figures
Would be curious anyone else close? Looking through the comments have not seen any.
Re: What industry has the highest revenue per employee?
#87The better metric for human resource efficiency is profit per employee or market cap per employee. This would help adjust for large subcontractors by including them in the cost.
Re: What industry has the highest revenue per employee?
#88One item that I find potentially misleading is that, to my understanding, oil and gas companies outsource/subcontract a lot of the seasonal/irregular/less predictable work to third-parties. This means that these people aren't calculated in these numbers, but they generate a good chunk of the revenue. I could be wrong about that, but I used to work with Exxon and they talked about this - that the total employee base w…
When you think about it, everyone relies on many external people, who in turn relies on others. I mean, every time you buy something – a building, a phone, food, insurance, etc. – it raises the question if those who sell that should be counted as part of your operations.
Re: What industry has the highest revenue per employee?
#89One item that I find potentially misleading is that, to my understanding, oil and gas companies outsource/subcontract a lot of the seasonal/irregular/less predictable work to third-parties. This means that these people aren't calculated in these numbers, but they generate a good chunk of the revenue. I could be wrong about that, but I used to work with Exxon and they talked about this - that the total employee base w…
I think this is probably quite similar for a lot of the companies on the list regardless of sector, ie should Apples figure include Foxconn employees?
Oil companies / energy companies are more like investment companies who invest large amounts of money in projects, have them constructed and maintained by subcontractors and then realise profits based on production / generation from said project.
Re: What industry has the highest revenue per employee?
#90In tech high revenue per employee is indicative of shirking responsibilities, like the minimal fraud oversight on google and amazon, or not paying taxes.