4/18/2007

THE NET WORTH OF A 'KNOWLEDGE' EMPLOYEE

The seven largest global pharmceutical firms pay their employees relatvely similar salaries, but their workers' true net worth varies widely, based upon the value of each company's knowledge capital.

The most valuable employee net worth is shown as varying between a high of $538,431 (U.S.$ 2004) per employee and the least valuable at $2,656.

The extraordinary differences are found in the quality of the investments made by the firms in knowledge, research and development........resulting in research breakthroughs, rapid responses to health emergencies and improved diagnostics.

Here is the net worth equation:

KNOWLEDGE CAPITAL WORTH/EMPLOYEE -

ANNUAL EMPLOYEE COMPENSATION =

NET WORTH/EMPLOYEE

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