Productivity is not a function of 'how much stuff employees accomplish' - it's more like a measure of profits or economic value creation per employee. So yes,

Productivity is not a function of 'how much stuff employees accomplish' - it's more like a measure of profits or economic value creation per employee. So yes, small company employees are 'really productive' in the 'working' sense, but economically, not so much. Other than at hedge funds and maybe some other very niche businesses (law firms?) ... the megabucks comes at a certain scale.