Faith Nyasuguta
In 2023, the top 10 UK companies among the global 500 achieved an impressive average profit per employee of $152,000?
This figure stands in stark contrast to the $1.13 million average of the top 10 U.S. companies, highlighting the diverse operational efficiencies on either side of the Atlantic.
Despite holding a smaller slice of the global pie, with 15 companies contributing 3.11% to global revenue, UK businesses demonstrated robust profitability and strategic acumen. They contributed a significant 4.73% to the global profit pool, amounting to $137.1 billion.
Leading the UK’s charge is Shell, with a striking profit per employee of $454,940 in the Energy sector. Other key players, such as GSK, Rio Tinto Group, and British American Tobacco, further diversify the mix, showcasing the varied sectors that are excelling in workforce optimization in the UK.
This eye-opening data is part of an exhaustive study conducted by agencyreviews.io, which ranks the largest 500 global companies by profit per employee, offering a unique lens to evaluate corporate efficiency in the UK and beyond.
Top 10 UK Companies Ranked by Profit per Employee, 2023:
1. Shell: Leading the list is Shell, reporting profits of $42 billion with a workforce of 93,000. With a profit per employee of $455,000, it stands as a powerhouse in the Energy sector.
2. GSK (GlaxoSmithKline): GSK secures the second spot, reporting profits of $18 billion and employing 69,400 individuals in the Healthcare sector. Its profit per employee is $266,000.
3. Rio Tinto Group: In the third position, Rio Tinto Group reports profits of $12 billion and a workforce of 53,726 in the Energy sector. With a profit per employee of $231,000, it plays a substantial role.
4. British American Tobacco: British American Tobacco claims the fourth position, reporting profits of $8 billion and employing 52,077 individuals in the Food, Beverages, and Tobacco sector. Its profit per employee is $158,000.
5. Vodafone Group: In the fifth spot, Vodafone Group reports profits of $12 billion with a workforce of 98,103 in the Telecommunications sector. Its profit per employee is $126,000.
6. Barclays: Barclays secures the sixth position, reporting profits of $7 billion and employing 87,400 individuals in the Financials sector. With a profit per employee of $84,000, it is a significant player.
7. HSBC Holdings: In the seventh spot, HSBC Holdings reports profits of $16 billion with a massive workforce of 219,199 in the Financials sector. Its profit per employee is $73,000.
8. Linde: Linde claims the eighth position, reporting profits of $4 billion and employing 65,010 individuals in the Chemicals sector. Its profit per employee is $64,000.
9. Unilever: In the ninth spot, Unilever reports profits of $8 billion with a workforce of 127,056 in the Household Products sector. Its profit per employee is $63,000.
10. Anglo American: Rounding up the top ten is Anglo American, reporting profits of $5 billion and employing 105,000 individuals in the Energy sector. With a profit per employee of $43,000, it plays a significant role.
