LABOR PRODUCTIVITY AND PRODUCTION EFFICIENCY

Abstract

In today's world, the issue of sustainable economic growth and labor productivity is very acute. Low levels of labor productivity in all sectors of the economy affect the overall effectiveness of the state production and economic system, as labor productivity is a criterion for the efficient use of labor resources and social reproduction. The aim of the article is to scientifically substantiate and structure the system of factors that affect productivity. The research task is to analyze the categorical apparatus, economic essence and significance of labor productivity, to classify factors and conditions of labor productivity increase at industrial enterprises, to show practical application of formulas for calculation of possible dismissal of workers on the basis of measures to increase labor productivity. To do this, the article provides a definition of "productivity" and "productivity", "production per employee". It is proposed to combine many factors that determine the growth of labor productivity into the following groups: increasing the technical level of production, improving the organization of production and labor, increasing production, structural changes in production, the impact of natural conditions. It is emphasized that the identification and use of reserves for productivity growth leads to lower production costs and increase profitability, and thus increases the viability of enterprises.