Growth factors of labor productivity

Labor productivity is a characteristic of the workflow that can be determined with a certain dynamics over a given period of time, that is, when there are several indicators that characterize labor productivity over several months or, better yet, years.

In order to provide all the conditions for success and efficient operation in the market for any company, it is necessary to have an idea of ​​the main factors of labor productivity. This is the sum of all objective and subjective circumstances that are or may be potential conditions for a change in the level of performance of the team.

Competition and the division of labor

The author of the most well-known and most fair definition of labor productivity, the well-known scientist, the founder of the economy, Adam Smith, believed that the welfare of the whole society depends on the growth of this indicator. And the most effective means of enhancing it is specialization and the division of labor, as in Italian manufactories of the 14th century.Nevertheless, it is necessary to divide work in direct proportion with the development and increase of the market: the more competition there is, the more necessary narrow specialists are. In this connection, by the way, there appeared a well-known idea that for adequate development and expansion of any market it is necessary to abandon monopoly, any privileges and other methods of market manipulation. Let's find out what the factors of productivity growth are. And what they depend on.

The main factors of productivity growth

The management of the 21st century tells us that the factors of labor productivity are:

  • Production factors of labor productivity. Their importance cannot be overestimated, since they represent the quality, level of development and degree of use of investments and various material resources of a company. The indicators are directly related to the constant introduction of innovative technologies, the automation and mechanization of labor, the introduction of advanced technologies, the purchase and use of high-quality materials. But in practice it is difficult to accurately calculate the growth in output achieved solely by increasing the named funds.
  • Social factors of productivity growth. This category includes the composition, quality of employees, that is, their qualifications, good working conditions, the attitude of the specialists themselves to their duties, and so on. Among all, the most important factors are the composition and skill level of specialists, because in reality it rarely happens that all team members are equally laid out in the workplace: usually one works more than expected, and the other less. However, modern methods cannot take this into account when calculating labor productivity. The performance of a specific employee directly depends on his abilities, age, education, experience, health, and other reasons. Each leader seeks to find exactly the employee whose labor productivity will be above average. The task of HR managers is to single out such job applicants at the interview stage. Speaking about the system of social factors, it is necessary to note the importance of investing public funds in the social sphere: first of all, education and health care. The initial level directly depends on the level of professional training.theoretical willingness of young specialists to work, and from the level of health care - good health, first of all, of the working population of the country. The whole complex of socio-economic conditions for life fully influences human productivity. This is a healthy diet, high standards, the availability of various goods, the excellent condition of the service sector, the list of housing and communal services, the ability to provide oneself and one’s family with everything you need - they all allow you to quickly return a person’s work, affect the optimism and comfortable life.
  • Organizational factors of productivity growth. These indicators relate exclusively to the things that surround employees in the workplace. This is the whole process of work organization and management principle and management system. Another term is also important - “the organization of labor and management,” which implies the size and location of a plant, company, company, management style of the immediate supervisor and top management in general. A special place is occupied by factors that determine the internal relationships in the team and affect the discipline of specialists. In this case, the concept of “corporate culture” or, as some scholars say, “organizational culture” plays an important role, thanks to which all specialists are imparted with the same system of values, uniform principles of interaction between departments and corporate behavior of employees both within the organization and in the external environment . Feeling involved in a certain company, which gives its employees a good social package, excellent relations with colleagues and management, sets interesting tasks and encourages their excellent performance - one of the strongest motives for an employee in today's world.

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