METHODOLOGICAL APPROACHES TO THE ESTIMATION OF LABOR PRODUCTIVITY AT THE MICRO LEVEL

Authors

  • Elena V. Kuchina Author
  • Alexander K. Taschev Author

Abstract

The article is devoted to interpretation of the essence of "labor productivity" category and methodological
problem of labor productivity estimation at the enterprise level. The analysis of different methodological
approaches to understanding the essence of labor productivity is conducted. The updated interpretation of the
essence of labor productivity as a complex and ambivalent phenomenon is proposed by the authors: characteristics
of both the productivity of labor activity and the efficiency of labor use. Procedures for measuring and
estimating labor productivity, which are used by foreign and domestic researchers, are considered. The conclusion
on the expediency of calculating the index of collective labor productivity in the sphere of material
production, reflecting the degree of useful application of both human labor and the means of production, has
been made. The application of the value-added index per ruble of labor and capital costs, which characterizes
the productivity of collective labor, is proved. The distinctive features of the formation of labor productivity
measurement and estimation indicators system in the service sector are determined. The problems of labor
productivity measurement based on the example of retail enterprises and banking service sector are identified.
The indicators of labor productivity estimates, reflecting both the quantitative parameters of the results of
work, and the level of customer service are suggested. The development of key performance indicators for the
estimation of labor productivity of administrative and managerial employees is substantiated.

Author Biographies

  • Elena V. Kuchina

    Doctor of Sciences (Economics), Professor of the Department of Finance, Money
    Circulation and Credit

  • Alexander K. Taschev

    Doctor of Sciences (Economics), Professor of the Department of Finance, Money
    Circulation and Credit

Published

2018-03-20

Issue

Section

Economics and finance