ANALYSIS OF THE LEVEL OF LABOR PRODUCTIVITY

Abstract

Labor productivity is measured by the amount of product produced by one employee in a unit of time (hour, shift, month, quarter, year) or by the unit of time spent on the production of one product unit. An important factor in continuously increasing the volume of production and, on this basis, increasing the welfare of the people is the constant increase in labor productivity. In the decisions of our government, the fact that labor productivity is of decisive importance in the development of social production has been analyzed in a deep scientific manner.