Top U.K. I-Shops Post Per Employee Losses

Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.

NEW YORK Britain’s top 25 interactive agencies lost an average of $35,000 a year per employee, according to an annual industry survey.

CCG.XM topped the list of loss-making operations. The Cordiant Communications Group Internet arm posted an operating loss of about $114,000 per staffer. Rubus and Quidnunc Group, both backed by venture capital firms, followed with losses of $110,000 and $93,000, respectively. Grey Global Group’s Grey Interactive ranked fourth with $79,000 in losses per person.

The research, conducted by industry newsletter New Media Agencies Financial Intelligence, found that shops supported by traditional advertising and public relations agencies have done more to introduce financial discipline versus those backed by information technology companies or venture capitalists.

AKQA





AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in