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I divided the average sales of firms in my industry by average employment, but the answer doesn match the sales per employee rate in my Profile. Why not?

April 26, 2017answer average divided employee employment firms Industry rate sales

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I divided the average sales of firms in my industry by average employment, but the answer doesn match the sales per employee rate in my Profile. Why not?

1 Answer

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Posted

When calculating the sales per employee rate, BizMiner uses employment figures only of firms which report sales, since only these firms are included in the final calculation. Sometimes this figure differs from average firm employment for the entire group.