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 Productivity Performance

  

Three main indicators used for measuring productivity performance are :

 • Added Value per Employee

    -  reflects the amount of wealth created by the company relative to the number of  employees it has. It is influenced by :

          - management efficiency

          - work attitudes

          - price effect

          - demand for the products

     - A high ratio indicates the favourable effects of labour factor in the wealth creation  process.

 

 Added Value per Employee (RM) for Manufacturing sub-sectors (2011) : 

 

 

•Labour Cost per Employee

   -  This ratio indicates the average remuneration per employee.

   -  A high ratio means high returns to individual workers and vice-versa.

   -  The growth in Labour Cost per Employee however must be lower than the growth in Added Value per Employee. This shows that the productivity growth is in the right track.

 

Labour Cost per Employee (RM) for Manufacturing sub-sectors (2011) : 

 

•Unit Labour Cost

   -  This ratio indicates the proportion of labour cost to total output.

   -  A high ratio indicates high labour cost. This could be due to labour scarcity and  lack of skilled labour, or poor labour mix. In addition, it could be due to high labour turnover

 

Unit Labour Cost (No.) for Manufacturing sub-sectors (2011) :

 

Comparing your performance for Added Value per Employee (RM) against CoI and industry performance.  

The result shows that productivity of your company is lower than the manufacturing, E&E and CoI performances. Start measuring your productivity performance using our EZ Productivity Calculator.

 

 

 

 

 

  Last updated on : 2012-03-19 12:31:16
 
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