Payroll covers all the people employed by the club, from the players, through the board members, through to the match day tea-lady.
There is a recognised target of having wages at no more than 50% of turnover. The trend line on the graph below shows that the club are currently well within that target with a ratio of 42% in the year up to July 2006. This was mainly due to the income being a lot better than the previous year but is still to be applauded. Looking back to 1999 the wages were 98% of the revenue, which was an absolute disaster financially, and just confirms how bad it is to be outside the SPL.
2008 - The wages and wages ratio have both increased. The club put this down to "... continued expenditure, particularly on playing staff, at a time when turnover fell below expectations due to early exits in all cup competitions."
2009 - Rod Petrie received £51,000 less pay than in 2008. The overall cost of the directors stayed roughly flat at just under £500,000. The pay going to the directors is the third highest in Scotland. The percentage of the club income going to the directors as pay if three times higher than anyone else in Scotland. The graph shows the figures from 2008 as these are the last results available for all clubs.
The last graph shows the number of employees the club has. This is split into players/management, and commercial/administration. The big leap in employees around 2001 was when the club had conferencing and banqueting people. These had disappeared by 2005.
Hibs - Payroll