Thanks to “Larry the Recruiter” of Management and Capital Partners for pointing out this interesting video from NYU Marketing Professor Scott Galloway. 

Amazon is notorious for de-prioritizing profits and instead focusing on growth.

Professor Galloway makes the point that Amazon’s sacrifice of profits has boosted its market value so much that Amazon now has 10X the market value dollars that it can use to attract talent (it does this through stock packages).

 

Return on Human Capital Chart

 

Specifically, Amazon generates about $1.2 million in market value per employee which dwarfs other retailers (see screen shot below) — Walmart, for example, has a relatively smaller market value of about $90,000 per employee.

Interesting insight. Thanks, Larry!

Rob Kelly

Co-Founder and CEO at Ongig
Ongig transforms your job descriptions to attract the best talent faster. Ongig is a content management system that supercharges your job descriptions through video, images, pictures, chat, social sharing, microsite creation and much more. Jobs can be more easily found through Artificial Intelligence-based job search and all pages are Mobile and SEO optimized. Ongig's professional copywriting team will even rewrite your job descriptions. Early clients of Ongig include Yelp, GoDaddy, Verizon, Intel andAutodesk.

by in Talent Attraction