Jul. 8 at 5:39 PM
$NWL One area that Newell must improve - they have too many employees. Look at Revenue per Employee, only
$329K per employee, which should be at least
$500K considering the margins they should achieve, and level of sales for mass product production and sales they normally enjoy. Too much bureaucracy and the CEO needs to tighten the belt of the company and trim the workforce. That, or the workforce and marketing need to greatly improve sales (or do both simultaneously). Probably a good time for the company to review its Stock Plan as part of Employee 401K plans also, as to what is the maximum % an employee can have of NWL stock in their 401K accounts. In companies that offer a higher % of stock, to put more "skin in the game" - those companies tend to have much better employees who are passionate about producing results, not just punching their time card.
