BUSS2 Measuring Workforce Productivity

?
What does labour productivity measure and how do you work it out?
Measures how much each employee produces. = output per period / the number of employees
1 of 6
How do you improve labour productivity?
improve motivation or training can make them more productive
2 of 6
Consequences of raising productivity
Redundancies, job loss, some companies reward increased productivity
3 of 6
What is absenteeism and how do you measure it?
It measures the proportion of time employees spend off work. = the number of staff days lost/the number of working days
4 of 6
Reasons for high absenteeism
working conditions, poor relations, poor motivation
5 of 6
What is labour turnover and how is it measured?
IT is the number of staff that leave per year. = number of staff leaving / average number of employees employed
6 of 6

Other cards in this set

Card 2

Front

How do you improve labour productivity?

Back

improve motivation or training can make them more productive

Card 3

Front

Consequences of raising productivity

Back

Preview of the front of card 3

Card 4

Front

What is absenteeism and how do you measure it?

Back

Preview of the front of card 4

Card 5

Front

Reasons for high absenteeism

Back

Preview of the front of card 5
View more cards

Comments

hannahwalters748

Report

If you're running a small business or a large corporation, understanding how efficiently your team operates is essential for success. By tracking key metrics, such as project completion times, client satisfaction, and revenue generated, you can make informed decisions to optimize your web designer Houston team's productivity and drive growth in the competitive digital landscape.

Similar Business resources:

See all Business resources »