Ethics Defines All Companies

Ethics Defines All Companies

Large Companies, Ethics impacts executives and managers and teams

• Have more than 500 employees in the company.
• In 2021, corporations in the U.S. made profits of around 2.77 trillion U.S. dollars
• In 2022, firms with more than 250 employees employed 55.21% of the private sector workforce in the US.
• Generated 56% of US GDP in 2021.

Small businesses, Ethics impacts managers and employees.

• Have fewer than 500 employees in the company.
• 32.5 million small businesses in the US. Of these, 19% have paid employees.
• Small businesses make up 99% of all businesses in the US.
• Makes up nearly half (46%) of America’s private workforce.
• Small businesses are responsible for creating 2/3 of new jobs each year.
• Generated 43% to 46% of US GDP.

Solo contributors, Ethics impacts owners.

• Businesses owned and operated by one person. Note: there are also large companies that are solo contributors, such as freelancers, artists, actors, writers, independent consultants, small business owners, musicians, etc.
• Solo contributor companies have increased by 50% in the last ten years due to the Internet and the growth of specialized skills available online.
• $1.2 to $1.5 Trillion in revenue
• 5% TO 7% of GDP