performance-motivating employees
Workforce productivity
From Wikipedia, the free encyclopediaJump to navigationJump to search
hideThis article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages)This article needs additional citations for verification. (June 2011)This article is missing information about the history of the subject. (January 2009) |
Part of a series on |
Economics |
---|
IndexOutlineCategory |
HistoryBranchesClassification[show] |
ConceptsTheoryTechniques[show] |
By application[show] |
Notable economists[show] |
Lists[show] |
Glossary[show] |
Business and economics portal |
vte |

Labour productivity levels in Europe. OECD, 2017[1]
Labour productivity US, Japan, Germany
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, often referred to as labor productivity, is a measure for an organization 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 assumption that the overall productivity can be broken down to increasingly smaller units until, ultimately, to the individual employee, in order be used for example for the purpose of allocating a benefit 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”.[2] 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