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Productivity Calculator

If you want to find your business's economic growth, this productivity calculator can quickly estimate overall productivity. It provides you the unique performance of each employee and result gain in each working hour.

The number of goods or services are given at a specific time is known as labor productivity. More commonly, the amount of particular time taken is known as one labor hour.

However, to improve your business's productivity, you should have to upgrade the equipment to make more products in less time and have good economic plans.

It is necessary to measure your company's labor productivity because it helps you estimate the individual employee's efficiency and quality.

 

Formula Of Productivity Calculator

There are two different ways to find labor productivity:

  • Labor productivity per person/employee

  • Overall productivity per hour

In this article, we will cover both ways by which you can find productivity. If you want to calculate it quickly, you can jump to our productivity calculator.

Formulas of labor productivity are listed below:

1) Labor productivity per employee

Productivity = Revenue / Number of employees

2) Overall productivity per hour

Productivity = Revenue / Number of hours

Note:

To find the work on a body, we have made a Work Calculator.

Examples

For more precise understanding, let us have a particular example on the above formulas:

Example 1:

Suppose two workers work 8 hours a day and generate the revenue of 12000$, find out the labor productivity per person/employee.

Given data

No of employee = 2
Revenue = $1200

To Find

Labor productivity per person/employee = ?

Solution

To find out the per person productivity, we will use the formula listed below:

Productivity = Revenue / Number of employees

Putting the values, in the above equation we have

Productivity = $1200 / 2 = $600

Example 2:

Suppose two workers work 8 hours a day and generate the revenue of 12000$, find out the overall productivity per hour.

Given data

Time = 8 hours
Revenue = $1200

To Find

Overall productivity per hour = ?

Solution

To find out the overall productivity per hour, we will use the formula listed below:

Productivity = Revenue / Number of hours

Putting the values, in the above equation we have

Productivity = $1200 / 8 = $150

How to use the Productivity Calculator?

The steps to use the productivity calculator are as follows:

Step 1: Enter the hours or the number of employees in the required input.

Step 2: Enter the revenue generated by a company in needed input.

Step 3: The calculator will automatically display an answer on the screen.

Calculator Use

You can find the Capital Gains Yield by using our Capital Gains Yield calculator. You have to enter the right value in the right input field and you will get your Capital Gains Yield.