Consider the two grocery store chains, Publix and Kroger. Here are some approximate data on eacho f
Question:
Consider the two grocery store chains, Publix and Kroger. Here are some approximate data on eacho f these stores from 2019:
Publix:
Total revenue = $38 Billion
Number of employees = 200,000
Total compensation expenses = $6 Billion
Cost of merchandise sold = $27 Billion
Other nonhuman operating costs = $2 Billion
Kroger:
Total revenue = $122 Billion
Number of employees = 435,000
Total compensation expenses = $16 Billion
Costs of merchandise sold = $95 Billion
Other nonhuman operating costs = $8 Billion
For each of these stores, compute the following human capital measures:
Human capital value added, human capital ROI, Revenue per employee, and profit per employee
Based on the data from the last question on Publix and Kroger, which company do you think is more effectively managing its human resources? What are two HR practices that might contribute to these differences, hypothetically?
Essentials of Statistics for Business and Economics
ISBN: 978-1305081598
7th edition
Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam