National retail chain Target Corporation (TGT) spent $14.7 billion on SG&A last year, or 20 cents from every dollar of sales. That’s an improvement from the prior year when SG&A ate up 21% of sales. It’s also in line with rival Wal-Mart Stores, Inc. (WMT) which commits 20% of sales to this particular category. The average employee at an S&P 500 firm accounts for $795,000 in yearly revenue, according to S&P Capital IQ. Some companies do much better...
Gilead Sciences, Inc. (GILD) has a relatively small workforce of 7,000 personnel. Yet, the biotech giant brings in $32 billion in annual sales — or $4.5 million per worker. Netflix, Inc. (NFLX) is raking in $2.0 million per employee, and Apple Inc. (AAPL) is getting $3.3 million. These businesses are getting a lot of bang for their buck when it comes to optimizing labor expenses. And it’s no coincidence that they have also been among the market’s biggest winners over the past decade.
Source: InvestorPlace
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These Companies Make Millions Per Employee — And Yield Up To 13%
Posted by D4L | Sunday, November 20, 2016 | ArticleLinks | 0 comments »________________________________________________________________
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