Fannie Mae-No Politics (FNMA)

[navycmdr]

BREAKING NEWS ! = FANNIE Mae #1 ... Freddie Mac #3

https://fortune.com/longform/global-500-companies-profits-employees/

These 18 big companies made more than $250,000 in profit per employee last year

One U.S. financial giant (Fannie Mae) earned nearly $2 million for every worker.

BY -BRIAN O'KEEFE AND NICOLAS RAPP - August 10, 2020 1:30 AM PDT





The world’s 500 biggest companies employ some 69.9 million people and together earned a total of $2.06 trillion last year. That translates to roughly $29,500 for each worker. But the 18 companies in the graphic above, concentrated in a handful of industries, proved vastly more efficient than average at making profits per employee.

Fannie Mae and Freddie Mac, the U.S. government-sponsored mortgage lenders, earned a combined $21.4 billion with a total of just 14,300 workers.



Meanwhile, Saudi Aramco, the profit leader in the Global 500 with $88 billion, has 79,000 employees.

Bigger isn’t always more profitable, though.

Gold jewelry retailer Rajesh Exports of India produced $170 million in profits with the smallest workforce in the 500: a mere 409 employees.

A version of this article appears in the August/September 2020 issue of Fortune with the headline "Making the most of their workforce."