What are your employees really worth?
For a lot of us, when we're happy with them they're priceless; when we're not, they're worthless.
Unfortunately, that kind of gut-level assessment isn't very objective.
That's why we analyzed performance data from over 1000 professional services companies (law firms, ad agencies, architects, engineers, accountants, etc.) to see if there was a better benchmark for productivity.
Our findings?
For most companies, a good target range is between $150k to $200k in revenue-per-employee.
That's not to say that there weren't industry differences — law firms, for example, average a bit more than accountants — or regional differences — coastal cities were higher than Midwestern suburbs — but most fell into that range.
Why?