| gen. |
workforce productivity (Workforce productivity is the amount of goods and services that a worker produces in a given amount of time. It is one of several types of productivity that economists measure. Workforce productivity can be measured for a firm, a process, an industry, or a country. It is often referred to as labor productivity because it was originally studied only with respect to the work of laborers as opposed to managers or professionals. The OECD defines it as "the ratio of a volume measure of output to a volume measure of input".[1] Volume measures of output are normally gross domestic product (GDP) or gross value added (GVA), expressed at constant prices i.e. adjusted for inflation. The three most commonly used measures of input are: hours worked; workforce jobs; and number of people in employment. wiki Alexander Demidov); productivity of labour; labour capacity; labour productivity; working efficiency; the efficiency of labour |
