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 is the video job description platform that helps you attract the best talent faster. Ongig supercharges your job descriptions through video, images, and other media along with live chat, social sharing, and careers microsite creation. Early clients of Ongig include Yelp, GoDaddy, Verizon Digital and Autodesk.

by in Talent Attraction