Productivityoutputinput

It can also be measured through :

Number of goods produced / Average number of employees

Output / number of employees and machines

Sales revenue / value of machines

Sales revenue / wage bill or number of employees

Productivity can be improved by:

  • Making sure employees are motivated to go to work
  • Having the best equipment you can
  • By offering profit-sharing incentives
  • Making the production have less wasted resources
© Copyright 2020 Michał Stryjski & Holon Media Ltd. All rights reserved.last modified: 19/10/2020