What does workforce productivity mean?
Definitions for workforce productivity
work·force pro·duc·tiv·i·ty
Here are all the possible meanings and translations of the word workforce productivity.
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Workforce productivity
Workforce productivity is the amount of goods and services that a worker produces in a given amount of time. It is one of several types of productivity that economists measure. Workforce productivity can be measured for a firm, a process, an industry, or a country. It is often referred to as labor productivity. The OECD defines it as "the ratio of a volume measure of output to a volume measure of input". Volume measures of output are normally gross domestic product or gross value added, expressed at constant prices i.e. adjusted for inflation. The three most commonly used measures of input are: hours worked; workforce jobs; and number of people in employment.
Numerology
Chaldean Numerology
The numerical value of workforce productivity in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of workforce productivity in Pythagorean Numerology is: 8
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"workforce productivity." Definitions.net. STANDS4 LLC, 2021. Web. 5 Aug. 2021. <https://www.definitions.net/definition/workforce+productivity>.
