Nintendo to generate more revenue per employee this year than Goldman Sachs in 2007

By Patrick Garratt, Tuesday, 16 September 2008 13:50 GMT

According to this FT story, each Nintendo employee is set to make more money for the company this year than the average Goldman Sachs employee did during its record-breaking 2007.

From Edge:

Nintendo employs under 3,000 staff, each of whom takes home an average annual salary of $90,900 a year. Assuming the platform holder achieves its net profit target of 410 billion yen ($3.9bn) in 2008, each employee will generate the company $1.6 million in profit, according to the paper’s calculations.

In comparison, the average Goldman Sach’s employee generated $1.24 million in profit for the firm before tax and pay in 2007, and received a $660,000 pay packet. The equivalent figure for Google is reportedly $626,000.

Who knew? More through the link.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.

Comments

Headlines

Goldman Sachs

  • Goldman Sachs: game sales have peaked

    Goldman Sachs analyst Robert Higginbotham has downgraded GameStop’s stock today and claimed that game sales have now peaked. “We see GameStop shares as poised for a pullback as industry growth remains on a path toward deceleration from its current peak,” he said in a note. He maintained a $50 price target on the shares, which […]