Productivity overview, UK: October to December 2021
The main findings from official statistics and analysis of UK productivity, presenting a summary of recent developments.The main findings from official statistics and analysis of…
Productivity
What Productivity Means
Productivity, as per Oxford Languages, refers to ‘the effectiveness of productive effort, especially in industry, as measured in terms of the rate of output per unit of input.’
What is the Meaning of Productivity in Work?
In the realm of work, it showcases the balance between goods and services against labour and costs. For businesses, it boils down to the amount of work accomplished over a specific period. In work, is a gauge of how effectively employees contribute to crucial business objectives, impacting overall performance.
How Can Productivity Be Improved?
There are many tips to improve and increase it, some main ones are:
- Keep things simple.
- Map out SMART goals
- Set reminders
- Review goals daily (or at least regularly)
- Minimize time-wasting activities
- Motivate your team
How Productivity Leads to Economic Growth
How slow broadband speeds are affecting productivity in new study, as one in four experience slower internet
Analysts at YESSS Electrical have revealed how internet connectivity affects our abilities to work and how this can change our productivity levels. The research discovered…
Labour productivity for UK countries and regions, quarterly: April to June 2021
Annual and quarterly data exploring regional labour productivity, gross value added, hours and jobs. Annual and quarterly data exploring regional labour productivity, gross value added,…
Harnessing productivity through skills – from puzzle to plan
In 2019, CIMA, one of the founding bodies of the Association of International Certified Professional Accountants, celebrated 100 years of serving business. For the anniversary,…
Millions to be empowered by government plans to strengthen day one employment rights and increase productivity of businesses
Government announces plans to make the right to request flexible working a day one right, as well as new entitlements for unpaid carers. Every employee…
A once-in-a-generation opportunity for SME productivity
Few of us will forget the Monday evening in March last year when the Prime Minister announced that the country was going into lockdown. For…
Impact of labour force survey methodological changes on labour productivity, UK
Overview of changes to Labour Force Survey (LFS) methods as a result of the coronavirus pandemic, and their impacts on productivity statistics in 2020 and…
West Midlands Combined Authority further strengthens productivity and skills with appointment of Dr Fiona Aldridge
Research expert Dr @FionaAldridge joins @WestMids_CA to drive Skills Insight and Evaluation The West Midlands Combined Authority (WMCA) has strengthened its Productivity & Skills directorate…
7 Ways To Improve Your Business’s Digital Productivity
The modern business world is centered on technology and digital communication. More and more people are working remotely and collaborating around the globe. If you…
You can’t spell productivity, without VR
There is no doubt that the Covid-19 pandemic has increased the uptake of technology by businesses. However, as many continue to work remotely and adopt…