4 ms·
How is productivity measured? GDP / (Hours Worked * Salary) = Productivity?
by johnnyg 15y ago
How is productivity measured? GDP / (Hours Worked * Salary) = Productivity?
- bendotc 15y agoIt's a bit more complicated than that: http://en.wikipedia.org/wiki/Labor_productivity http://en.wikipedia.org/wiki/Labor_productivity
- nhaehnle 15y agoSalary does not factor into the computation. The pure definition is GDP / Hours worked, though as with all statistics, there may be proxy variables and other subtleties involved.