Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« General »
Open DEMAT Account in 24 hrs
 How to calculate income tax on stock market gains along with your salary?
 Moonlighting for Additional Income? Know Its Tax Implications
 Have you claimed education cess? Be prepared to pay tax as per the new rules
 Reserve Bank - Integrated Ombudsman Scheme, 2021 (RBIOS, 2021)
 How is tax computed for selling a house?
 How much tax do you pay on equity investments?
 Fuel taxes: Centre s gains striking since FY16
 Tax rules for NRIs on sale of assets located in India
 ITR filing: Know tax rules that apply to freelancers in India
 Delhi Real Estate News: NDMC extends last date for property tax payment with amnesty scheme
 Citizens must file THESE ITR related forms before due date Income Tax Returns

PwC report: Indian companies get a 15-% net return on employees
April, 20th 2011

Indian firms on an average make a net profit of Rs15 on every Rs100 spent on an employee while they make a gross profit of Rs25 on each Rs100 earned by an employee, according to a report by Pricewaterhouse Cooper's (PwC).

The PwC report, which tries to measure the effectiveness of human capital, says Indian companies on an average pay a salary of Rs4.8 lakh to each of their employee while they get back an average Rs6 lakh from each of them.

PricewaterhouseCoopers assesses profit per employee or the human capital return ratio on investment at 1.79 for organisations across the country.

Across industry sectors, engineering and manufacturing account for the highest rates of revenue and profits per employee followed by fast moving consumer goods (FMCG) and pharmaceutical sectors, the report says.

The report, which is based on a survey of 37 firms across all sectors, states that organisations make an investment of Rs7,000 on education and development per employee.

For organisations with higher revenue base, the cost per employee is 1.3 times higher but their profit per employee is also 1.4 times higher compared with low revenue companies.

According to the report, Indian organisations on an average spend around Rs25,500 per employee on hiring charges with FMCG and other unclassified sectors spending more than double the least cost businesses.

In terms of retaining talent, engineering and manufacturing sector is on the top while information technology and information technology enabled services (IT/ITeS) sector remains the largest employer.

Source: http://www.domain-b.com/economy/general/20110419_indian_companies.html

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting