2 ms·
How does increased productivity factor into that term? Seems it's not a like for like comparison if productivity is increasing YoY.
by maerF0x0 8y ago
How does increased productivity factor into that term? Seems it's not a like for like comparison if productivity is increasing YoY.
- mcherm 8y agoFor employees who are paid by the piece (paid in proportion to how much they produce) inflation with consist of paying more per piece. But these employees are paid by the hour. Regardless of how productive they are, they are getting paid to fix salary per hour of work. I think productivity does not factor in at all.