ENTREPRENEURSHIP

Detailed explanation-1: -You can measure employee productivity with the labor productivity equation: total output / total input. Let’s say your company generated $80, 000 worth of goods or services (output) utilizing 1, 500 labor hours (input). To calculate your company’s labor productivity, you would divide 80, 000 by 1, 500, which equals 53.

Detailed explanation-2: -Calculating Employee Labor Productivity Here’s an example: Company X produced $65, 000 worth of widgets from 800 labor hours in a week. To calculate their labor productivity, we take their total outputs ($65, 000 total value) and divide it by their inputs (800 hours of labor), which gives $65, 000 / 800 = 81.25.