Calculating Labor Productivity
I want to know how to calculate labor productivity on a company and department-wise basis. My company is running two shifts, with one shift being 12 hours. Please provide the formula for labor productivity.
Thank you,
Regards,
Suresh Kumar Sharma
[Phone Number Removed For Privacy Reasons]
From India, Pune
Acknowledge(0)
Amend(0)
12I want to know how to calculate labor productivity on a company and department-wise basis. My company is running two shifts, with one shift being 12 hours. Please provide the formula for labor productivity.
Thank you,
Regards,
Suresh Kumar Sharma
[Phone Number Removed For Privacy Reasons]
From India, Pune
Acknowledge(0)Amend(0)
What do you do, and have you established standard times for tasks or set production targets for labor? Kindly take a look at http://smallbusiness.chron.com/labor...tio-14591.html and http://www.enotes.com/productivity-concepts-measures.
Have a nice day.
Regards,
Simhan
Leaning and Teaching Fellow (Retd)
The University of Bolton, UK
Chief Advisor, Promentor-consulting
From United Kingdom
Acknowledge(0)Amend(0)
Have a nice day.
Regards,
Simhan
Leaning and Teaching Fellow (Retd)
The University of Bolton, UK
Chief Advisor, Promentor-consulting
From United Kingdom
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
PT Calculation formula.xls