Employment and Productivity Continue to Grow into 2017

LIBERTYVILLE, Ill. - Aug. 25, 2016 - PRLog -- According to the newly released 2016 edition of Workforce Ratios & Forecasts from Schonfeld & Associates, employment in 2017 will grow in most industries with productivity, as measured in sales per employee, also continuing to increase.

         The largest U.S. based employer will be Wal-Mart Stores with over 2.3 million employees in 2017, up 1percent. The largest non-U.S. based employer will be Volkswagen, with 651,000 employees, an increase of over 3 percent.

         Commercial Banks will be the largest employer with over 3.9 million employees, down slightly more than 2 percent. The Variety Store industry, which includes Wal-Mart and Target, will be the second largest industry with over 3.3 million employees, reflecting a 1.4 percent increase. Eating Places will also employ over 3 million employees, up slightly.

         As in the past, areas of computer software development continue to show robust workforce growth. The Prepackaged Software industry, growing at 5.9 percent, includes over 180 companies employing over 820,000 workers. The Computer Programming industry, which provides services rather than a product for sale, will grow at 3.8 percent to employ over 1.6 million workers worldwide.

         The change in shopping preference to buying on the Internet instead of in bricks and mortar stores is reflected in the single digit growth rates in employment in traditional retail stores as compared to Catalog and Mail Order Houses, led by Amazon, with an industry growth rate of over 17 percent in employment and 14 percent in sales.

         These predictions come from the 2016 edition of Workforce Ratios & Forecasts by Schonfeld & Associates. The study contains historical employment for 2015, an estimate for 2016, and a forecast of 2017 for over 6,600 individual companies and summaries for over 400 industries. Besides headcount, Workforce Ratios & Forecasts provides Sales Per Employee, Gross Margin Per Employee, and Sales Growth Rate for each company and industry. Which of the 100 largest industries generates the highest Sales Per Employee? Answer: Wholesale Drugs with over $3.2 million in revenue per employee.

         In an era of downsizing, right-sizing, mergers and acquisitions, Workforce Ratios & Forecasts provides clear benchmarks for competitive planning and budgeting. It can also be used by executive search firms seeking clients and by outplacement firms identifying emerging areas of employment growth.

     Workforce Ratios & Forecasts is 243 pages in either printed or PDF format. The informationis also available for all companies and industries in Excel datafiles. Additional information is provided within the data to allow for analysis by corporate location or NAICS code. The 2016 edition of the report is $ 395; the report along with Excel datafiles is $ 495. Both are available from Schonfeld & Associates, Inc., 1931 Lynn Circle, Libertyville, Illinois 60048.  Call for more information:  800-205-0030 or visit the company's web site at http://www.saiBooks.com under the Area of Expertise: Workplace Productivity.

Carol Greenhut
Email:***@saibooks.com Email Verified
Tags:Workforce Productivity, Workforce Growth, Sales Per Employee
Industry:Human resources
Location:Libertyville - Illinois - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Schonfeld & Associates, Inc. PRs
Trending News
Most Viewed
Top Daily News

Like PRLog?
Click to Share