The formulas used in the calculations are:
Productivity per person=RevenueNumber of employees
Productivity per hour=RevenueNumber of hours
This calculator computes the labor productivity based on the input values of revenue and either the number of employees or the number of hours worked. Labor productivity measures the efficiency of production and can be calculated either per employee or per hour.
Let's assume the following:
Calculate the Productivity per Employee:
Productivity per employee=RevenueNumber of employees=100,00050=2000
Therefore, the Productivity per Employee is $2,000.
Calculate the Productivity per Hour:
Productivity per hour=RevenueNumber of hours=100,0002000=50
Therefore, the Productivity per Hour is $50.