Essay: Employee Growth at Coca Cola Company
As mentioned earlier, the revenue per employee and the income per employee for the company is very high for the Coca Cola Company. In the year 2007, the Coca Cola Company depicted that TTM revenue per employee for the company was at $332,961 while the industry average was at $246,062. Similarly the net income per employee for the company stood at $68,718 which was almost twice the industry average of $37,458. This depicts that the productivity for the company is very high and the return per human resource employed is significantly greater than the market averages.
The receivables turnover for the company was at 9.6 while the industry averages were 10.9. Moreover the inventory turnover for the company was at 5.0 while the industry averages depicted an inventory turnover of 6.4. This depicts that the company needs to work on the receivable generation and receivable to revenue cycle in order to increase the overall revenues.