Definition
Thiskindofoutputcanbeexpressedintheformofphysicalobjectsorvalue.Theconceptoflaborefficiencycanbeappliedtoallsocialandeconomicsectors.Theterm"laborproductivity"iscommonlyusedinthefieldofmaterialproduction.
Thenumberofoutputresults
Thecalculationformulaoflaborefficiency:laborefficiency=numberofoutputresults/numberoflivinglaborinputs
numberoflivinglaborinputs
Theamountoflivinglaborinputintheformulacanbethenumberoflaborers(productionpersonnelorallpersonnel)andlabortimeastheunit.Thenumberofoutputresultsintheformulacanusevalueindicators(totalproductionvalueornetoutputvalueindicators)orquantitativeindicators(orderquantityorproductquantity)accordingtodifferentcalculationpurposes.
Fromthescopeofmeasurement,laborefficiencycanbedividedintosociallaborefficiency,regionallaborefficiency,departmentallaborefficiency,industrylaborefficiency,laborefficiencyofenterprisesandinstitutions,andpersonallaborefficiency.Laborefficiencyisthemainaspectofeconomicbenefits.Continuouslyimprovinglaborefficiencyisoneofthemaineconomicgoalsofaneconomicunit.
Thecategoryoflaborefficiency(laborproductivity)existsinbothcapitalistsocietyandsocialistsociety.Peoplecanuseittocomparetheeconomicconditionsofcountrieswithdifferentsocialsystems.