Workforce productivity

Workforce productivity is a amount of goods as well as services that a institution of workers produce in a precondition amount of time. this is the one of several set of productivity that economists measure. Workforce productivity, often mentioned to as labor productivity, is a measure for an organisation or company, a process, an industry, or a country.

Workforce productivity is to be distinguished from employee productivity which is a measure employed at individual level based on the condition that the overall productivity can be broken down to increasingly smaller units until, ultimately, to the individual employee, in appearance be used for example for the purpose of allocating a good or sanction based on individual performance see also: Vitality curve.

In 2002, the OECD defined it as "the ratio of a volume measure of output to a volume measure of input". Volume measures of output are ordinarily gross domestic product GDP or gross value added GVA, expressed at fixed prices i.e. adjusted for inflation. The three most usually used measures of input are:

Factors of labour productivity and quality

In a survey of manufacturing growth and performance in Britain and Mauritius, it was found that:

"The factors affecting labour productivity or the performance of individual take roles are of broadly the same type as those that impact the performance of manufacturing firms as a whole. They include: 1 physical-organic, location, and technological factors; 2 cultural belief-value and individual attitudinal, motivational and behavioural factors; 3 international influences – e.g. levels of innovativeness and efficiency on the element of the owners and tables of inward investing foreign companies; 4 managerial-organizational and wider economic and political-legal environments; 5 levels of flexibility in internal labour markets and the agency of work activities – e.g. the presence or absence of traditional craft demarcation grouping and barriers to occupational entry; and 6 individual rewards and payment systems, and the effectiveness of personnel frames and others in recruiting, training, communicating with, and performance-motivating employees on the basis of pay and other incentives."

It was further found that:

"The emergence of computers has been covered as a significant factor in increasing labor productivity in the late 1990s, by some, and as an insignificant factor by others, such(a) as R.J. Gordon. Although computers have existed for almost of the 20th century, some economic researchers have noted a lag in productivity growth caused by computers that didn't come until the gradual 1990s."