New research by global fintech group Plus500 reveals that France and Germany rank joint first in the EU for companies making the most amount of profit per employee.
The study looked at Europe as a whole, and analysed the continent’s largest companies by market cap, and compared their total profit in 2022 to the total number of employees.
Marking companies out of 100 and looking at Europe as a whole, the UK nabbed the top spot with 22 companies in the top 100, but this was closely followed by France and Germany, who both ranked 21.
Of course, France is most famous for its high-fashion luxury retailers like Dior, LVMH, and Hermès, as well as food and drinks giants Danone and Pernod Ricard — the latter two rank in the top 25 of most profit per employee in Europe.
Meanwhile, Germany is also home to many successful companies including well-known car manufacturers, and container shipping supplier Hapag-Lloyd, which topped the overall list of 100 companies with an outstanding £1,058,898 profit per employee.
In third place is the Netherlands with 10 companies, including automotive organisation Stellantis which makes Alfa Romeo, Citroën, Maserati, Opel, and Peugeot vehicles, to name a few, and also companies like Heineken, and Universal Music which operates in 60 counties.
Ireland nabs fourth place with eight companies in the top 100, including consulting services Accenture and medical tech companies like Medtronic, while Italy follows with five placements including energy company ENI and luxury car maker Ferrari.
Denmark, Sweden, and Belgium complete the list across different industries including logistics, pharmaceuticals, tool manufacturing, more automotive companies, investment and holdings, and brewers, specifically DSV, Maersk, Novo Nordisk, Volvo, Atlas Copco, Investor AB, and Anheuser-Busch InBev.
Profitability is appealing
As the tech industry continues to wobble with staggered redundancies, working for a stable company that ranks highly for profitability is appealing.
Many organisations that are not traditionally tech companies are now hiring and paying high salaries in tech-enabled roles.
2023 has seen a 35 percent increase in tech recruitment in traditionally non-tech industries. This means savvy job hoppers are now broadening their scope beyond the digital stars, and considering tech roles in more long-standing industries.
The Tech.eu Jobs board is where you’ll find constantly updated new job ads across Europe, remote, and in both traditional and tech industries, like these three.
Partner Integration Engineer, PayPal, Paris
Payments titan PayPal needs no introduction, and is currently hiring in Paris for a Partner Integration Engineer to service EMEA, focusing on partner integrations across shopping carts and payment gateways. Working within the Global Merchant Services Partner Integration team, the successful engineer will act as the primary technical point of contact for all implementation-related activities throughout integration lifecycles, will attend partner meetings as the technical lead, and will drive technical conversations that ensure the delivery of projects.
The ideal candidate will demonstrate a clear understanding of partners' products, process, and technical requirements, produce detailed solution design documentation, work cross-functionally and within core project teams, and will advise management and stakeholders on support issues impacting partner satisfaction. Fluency in English and a bachelor’s degree in computer science, engineering, or equivalent experience is required. Apply now.
Senior Expert: in Cloud Plattform, Deutsche Bahn, Germany
Industries don’t get more traditional than rail transport, which pre-dates, but grew in tandem with, the Industrial Revolution. Today, Deutsche Bahn gets millions of passengers on thousands of trains, and this is increasingly done by digital means. Currently undergoing a digital transformation with agile and virtual working, now is an exciting time to join the organisation, which is hiring a Senior Expert in Cloud.
The successful candidate will be responsible for the further development of a dynamically scalable and secure cloud-native solution, by leading a team of specialists in implementing a strategic roadmap, or railmap as the case may be. Ideally, candidates will have completed a STEM degree, and have several years of professional experience as a team lead or product owner, with knowledge of applications and infrastructures, and current security standards.
Confidence to take unconventional paths and a passion for new, innovative tech solutions are a must. Find out more here.
Cloud System Engineer, Umana, Udine
Join a prestigious IT company in Udine, Italy as a Cloud System Engineer, taking care of projects in Cloud Transformation and Cloud Migration for customers transitioning from on-premise to cloud, with a big emphasis on security.
Unsurprisingly, considerable technical knowledge is required for this role, including knowledge of cloud computing in SaaS, PaaS and IaaS, relating to the Microsoft Azure world, customer and server knowledge of Linux operating system, skills in the use and management of Containers (Kubernetes), as well as scripting basics (Bash or Python). Certifications in Azure and/or Kubernetes are a plus. Interested? Read more here.
Lead image: vectorpouch