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Workforce efficiency benchmarking tool

Find out if you're maximizing your potential for profitability

Length of survey: 3 minutes

Compared to their peers in the same industry with the same number of employees, the most productive Canadian SMEs generate*:

  • 6 times more sales
  • 5 times more profit

Labour profitability is a measure of how much revenue and profit each of your employees generate for your business.

This information is a critical indicator of your company's level of efficiency and productivity. It also tells you whether you're maximizing the net income brought in by your employees.

It becomes most meaningful when you weigh it against your industry peers who have comparable labour requirements. Knowing where you stand is an important first step toward better understanding your workplace productivity and your ability to compete.

Use our free tool to quickly benchmark your revenue and profit per employee and find out if you're maximizing your potential for profitability.

3 reasons to use the tool

  • Understand if your business is as profitable as your peers

  • Get tips and advice on how to improve your performance

  • Access a detailed report and talk to an expert**

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Frequently asked questions

What is the workforce efficiency benchmarking tool?

The workforce efficiency benchmarking tool compares your company’s performance against your industry peers in two specific areas: revenue per employee and profit per employee.

A BDC study has shown that, compared to less efficient businesses, the most productive Canadian companies in their industry generate:

  • 6 times more sales per employee
  • 5 times more profits per employee
  • 4-times-higher EBITDA per employee, which results in a much higher valuation for the business.

Being more productive means producing more goods or delivering services with fewer or equivalent resources.

Where does the benchmark data come from?

The performance-by-industry data was collected and analyzed by Statistics Canada’s Canadian Centre for Data Development and Economic Research (CDER).

BDC has adapted the data for the workforce efficiency benchmarking tool.

How does BDC ensure the confidentiality of your data?

You will not need to provide any identifying information to view your results on screen. An email address will need to be provided should you wish to download a detailed, printable version of the report. All data you provide will be used solely by BDC. Your information will not be transmitted to third parties.

Can BDC help my business improve its performance?

We work with entrepreneurs every day to help them improve the performance of their business so they can grow and achieve their goals.

We offer tailored advisory services and flexible financing to help you get the most out of your resources and launch new projects. We support entrepreneurs in all industries and at all stages of growth.

*From a June 2022 BDC survey

**Certain conditions apply