The sales per £ of employee costs is a good measure of productivity.
For example, your business is generating sales of £4.85 per £ of employee costs, which is above average compared with other businesses within your sector. This is a good indication that you are managing people well within your business and indicates an efficiently run business. But even here, small changes can make a very worthwhile difference.
If we can find ways to increase your sales per £ of employee costs by 10% to £5.34, then with everything else being equal, this would generate an extra £32,733 in additional profit for you every single year.
To find out more information, or to book an appointment, call Steiner & Co today.