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People really dont understand the term productivity. Productivity is produced value / hours of work. So usually people that work the hardest will have lower pro
by comment123456 9y ago
People really dont understand the term productivity. Productivity is produced value / hours of work. So usually people that work the hardest will have lower productivity that does not mean less value produced. Something can have very bad productivity but be very profitable and generate a lot more value than something else with bigger productivity.
- emodendroket 9y agoIf the returns diminish rapidly then perhaps it doesn't make sense to waste so much time at the office.
- comment123456 9y agoIt never makes sense for the worker. But most of the time is more profitable for the one squishing the work out of the people if people are cheap enough. [edit] Parasites are always the most productive if you don't measure in absolute terms. The same happens among countries.
- glastra 9y agoI never understood this. Pay people half the wage for half their time, hire twice the staff. Get a significant increase in value produced for the same money. I, for one, would accept half pay for half work. And I suspect others too.
- emodendroket 9y agoThere are more costs to an employee than just their wages
- glastra 9y agoAll direct costs that I know of are proportional to the employee's wage. Could you elaborate a bit and tell us what other costs you are thinking about?
- emodendroket 9y agoRecruiting and training for all, and for the more fortunate among us benefits like health insurance, transit benefits, etc.
- fnordsensei 9y agoAdditionally, handing over non-trivial tasks to someone else carries a non-trivial cost.
- abakker 9y agoExactly. The term Total Employee Compensation might be something worth looking up. Of course, if you can just use gig workers...
- comment123456 9y agoIf you think about it the less "productive" you are the more "productive" the people extracting the value from your job will be. That is if you work more and earn less then whoever captures the difference in value produced would have augmented their productivity. It all depends where you measure the ratio and in which terms. Parasites are always the most productive if you don't measure in absolute terms. The same happens among countries.
- adrianN 9y agoUnfortunately then you have to communicate with twice as many people. Communication overhead is real and doubling team sizes can kill projects.
- bluGill 9y agoIf you are paid by the hour (as most low wage jobs are) time in the "office" does translate into more returns. There are many people (mostly immigrants) working long hard hours so they can afford to send their children to better schools. The returns don't make sense in any short term sense, but their ~grandchildren tend to get rich as we know from history.
- emodendroket 9y agoPeople in hourly jobs are the people least likely to be doing overtime.