Operations / Workforce
Labor Productivity
Output produced per unit of labor input, the classic "how much do we get per person-hour," which hides several incompatible definitions.
The fork, why two teams get different numbers
The output measure forks first: PHYSICAL productivity (good units per labor-hour) versus FINANCIAL (revenue or value-added per FTE or per labor-dollar).
In the Metric Library
- The full fork, both definitions worked all the way through
- The trap that makes the number lie, on a real export
- Every formula variant, spelled out
- The reconciliation anchor, what to tie it to and when to refuse
Reference: US BLS / OECD productivity (value-added per hour) · APICS/ASCM · national-accounts multifactor-productivity convention