The article is devoted to research for interaction in labor productivity level and demographic processes in Ukraine. It considers the essence in concept of productivity management. It emphasizes the significance of purpose oriented improvement in productivity to provide with the successful operation of national companies and stable development of the country. It grounds the choice for parameters of assessment for current level in labor productivity at different economical levels. It studies the modern situation and dynamics in labor productivity all over the world. It defines the place of Ukraine due to labor productivity labor among the countries all over the world. We performed the correlative comparison for change in labor productivity in Ukraine for recent decades with different countries. The paper mentions that the demographic situation in the state performs the significant impact on productivity level not only in the country but in some companies. The substantiated reasonability for detailed analysis of threats to demographic processes, directed to slow down the rates in labor productivity increment in Ukraine that will allow significantly increasing the efficiency of actions, being elaborated. We defined the main components of demographic factor that slow down the increase in labor productivity. It emphasizes that the national economics faces the problems on work force loss as a result from demographic crisis in general and high skilled emigrants in particular. Let’s pay attention to the absence of uniform system for collection of data about labor migration in Ukraine. It was found out that the population aging in the country influences on labor productivity level not only at macro level but in some companies. It was proved that the demographic processes within the long term perspective will restrain the increase in labor productivity level and, accordingly, the competitiveness of national companies. Let’s pay your attention that no clear guidelines for labor productivity management have been designed in Ukraine until now, as well as for establishment of favorable conditions for its improvement, stoppage of demographic crisis. It grounds the necessity for national companies to develop the actions to improve the labor productivity, taking into consideration the modern tendencies in demographic process, based on the best staff technologies and advanced experience of national and foreign companies.