Revenue Per Employee Consulting Firms
Industry market size for management consulting.
Revenue per employee consulting firms. Very high profit firms those with a three year average profit of more than 15 percent on net service revenue nsr have an average revenue of 161 7 thousand per employee whereas low profit firms those with a three year average profit of less than 4 percent on nsr only generate 118 thousand per employee. We note that ferrari has the highest sales per employee with approx. We took a deeper look at why consulting companies such as cognizant and accenture have among the lowest revenue per employee. Accenture and cognizant are it consulting with 425 000 employees and 260 000 employees respectively.
In addition to revenue the industry market analysis shows information on employees companies and average firm size. Revenue per employee comment. Top 50 consulting firms by growth in 2019. Industry statistics cover all companies in the united states both public and private ranging in size from small businesses to market leaders.
Verisign which provides domain names and internet security was a strong performer generating 1 1bn in revenue from only 990 employees ranking fourth in the technology sector with 1 2m per employee. Within services sector 8 other industries have achieved higher revenue per employee. In general the top tech company s revenue per employee is more than the manufacturing companies revenue per employee. In business you are either growing or you are failing and recurring growth is one of the most critical performance metrics for both privately owned and publicly owned businesses.
In america we have ten federal holidays bringing the annual wd count to. Example 4 banking industry. In terms of working days wd there s 250 in a 50 week year. Overall energy companies led the pack in revenue per employee followed by healthcare and utilities.
Revenue growth of the leading consulting firms worldwide 2018 management consultancies worldwide revenue per consultant 2015 2019 management consultancies worldwide revenue per employee 2015 2019. So your cost per billable hour is. Revenue per employee total ranking has deteriorated. As both companies are it providers and provide consulting services they depend on large teams to deliver services.
While revenue is king there is another big metric that all businesses care about. Suppose you hire an employee at 60 000 year. Revenue per employee fell on trailing twelve months basis ending 3 q 2020 for the consulting services industry to 424 463 compare to twelve month period ending 2 q 2020 but remained above consulting services industry average.