The Europe's
500 focuses on employment creation. Companies
who have nominated themselves and successfully met the criteria
and verification process are ranked according to the David
Birch Employee Growth Index.
This index focuses on employment creation
combining both relative and absolute growth and is used to
rank and quantify the companies' performance.
The BIRCH Index represents:
The absolute
difference in employment between the upper (End 2003)
and
the lower (End
2000) reference year
multiplied by
Employment
in the upper reference year
divided by
employment
in the lower reference year.
Example: if a company grew its employment
from 200 employees in 2000 to 800 employees in 2003, the Birch
index would be:
= (800-200) x (800/200)
= 600 x 4 = 2400
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