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The Employee Experience Advantage
book

The Employee Experience Advantage

by Jacob Morgan, Marshall Goldsmith
March 2017
Beginner content levelBeginner
304 pages
6h 24m
English
Wiley
Audiobook available
Content preview from The Employee Experience Advantage

CHAPTER 12Business Metrics and Financial Performance

Comparing the nine categories on these lists clearly reveals some interesting insights. However, I wanted to take this one step further and look at some financial data and business performance metrics. I looked at data provided by organizations such as Yahoo! Finance, PayScale, and Fortune. Although I couldn't find every metric for every company, I was certainly able to cover the vast majority of them. I compared Experiential Organizations with other categories based on employee turnover, median pay, revenue per employee, and profit per employee. Figure 12.1 looks at Experiential Organizations versus nonExperiential, and Figure 12.2 provides a breakdown of how Experiential Organizations perform versus all the other categories of organizations.

Histogram showing Business Metrics for Experiential Organizations.

Figure 12.1 Business Metrics for Experiential Organizations

Histogram showing Business Metric Comparison by Organization Category.

Figure 12.2 Business Metric Comparison by Organizational Category

Experiential Organizations had 20 percent fewer employees, 40 percent lower turnover, 1.5× the employee growth, 2.1× the average revenue, 4.4× the average profit, 2.9× more revenue per employee, and 4.3× more profit per employees when compared with nonExperiential Organizations. I'd recommend you reread that last sentence a few times and let those numbers sink ...

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Publisher Resources

ISBN: 9781119321620Purchase book