profit per employee

profit per employee

an accounting ratio which expresses a firm's PROFIT as a proportion of its size, measured in terms of numbers of employees. Where a company employs a high proportion of part-time workers, employee numbers may need to be adjusted to full-time equivalent numbers to assist comparability. Alternatively profit may be expressed as a proportion of total employee remuneration.

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson