During the month of December, we updated 414 companies in The Global 5000 database. Many of these are companies that have field their 2010 revenue totals since their Fiscal Year end is September or October. From these reports we can get a good glimpse at the overall 2010 growth compared to the dismal 2009 returns.
The top 10 companies in this group included:
- Banco Santander
- Walt Disney
- Royal Bank of Canada
- Johnson Controls
- Tyson Foods
- National Australia Bank
The year over year growth for all these firms was 7.9% And their year over year employee growth was 3.8%. We calculated the revenue per employee which grew approximately 3.9%.
With these results we see a couple of interesting trends reflected here reported across the markets. First, is the year over year growth. The economic situation is improving and we see that reflected here with these company updates and 2010 revenue showing a 7.9% increase
Secondly is the improved revenue per employee numbers which yield improving profits but show us an improved but jobless economy. Companies have figured out how to grow and not hire employees at the same pace.