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> Google has a profit of about a million dollars per employee per year Revenue, not profit. Profit is closer to $250k
by usaar333 13y ago
> Google has a profit of about a million dollars per employee per year
Revenue, not profit. Profit is closer to $250k
- icambron 13y agoYou're right that my source was the wrong thing for that (I wasn't careful enough in my quick search). But profit per employee per year is much closer to a million than 250K. Here's the source I should have used :http://csimarket.com/stocks/singleEfficiencyeit.php?code=GOOG http://csimarket.com/stocks/singleEfficiencyeit.php?code=GOO... Note the numbers are quarterly, so that comes out to $900K. I was off a bit, so point taken, but my original point mostly stands, I think.
- usaar333 13y agoWhere is that source getting data? Using Google finance: https://www.google.com/finance?q=NASDAQ%3AGOOG&fstype=ii&ei=e3AwU7DDDonfiAKD1gE https://www.google.com/finance?q=NASDAQ%3AGOOG&fstype=ii&ei=... Google made almost $13B in net income last year. They had 47,000 employees in Dec '13. That's about $275k/employee in net income.
- icambron 13y agoHmm, yeah. Maybe they erroneously used gross profit (which is useless here). I cede the point.
- nyrina 13y agoThat's still insane money per employee, and as far as I understand it, then most of their money making is coming from ads. I would love to know how much they make per employee from that department alone...
- eli_gottlieb 13y agoA profit of $250k/employee-year is still easily enough to double or more than double a lot of people's salaries.