2. IMPROVING PRODUCTIVITY Productivity is a measure of efficiency with which resources both human as well as material are converted into goods and services. The INTERNATIONAL LABOUR ORGANISATION defined productivity as the “ratio of the output of wealth produced and the input of resources used up in the process of production”
3. Productivity which is related to men or labour is called Labour Productivity and is usually measured as the ratio of output to labour inputs.
4. WAYS TO IMPROVE PRODUCTIVITY TASK CHANGES – The workers reaction to the job or task has a huge impact on productivity. TASK REDESIGN – The first job redesign approach used to improve productivity is called job enrichment. WORK FLOW – Work flow largely depends on Organizational design & principles. AUTOMATION – Automation is the use of technology used in factories & offices which helps to improve the productivity. OFFICE DESIGN – The office Ambiance plays a very important role to improve employees productivity.
5. The graph shows when the employment goes up labour productivity growth tends to be slower and when employment goes down labour productivity growth tends to be higher.