The article is focused on the phenomenon of digitalization of the economy and the transformation of performance measurement and measurement of labor efficiency. The study is based on a comparison of the characteristics of the digital economy as a separate part of the economy, including only economic activities based on digital technologies and as a process of production of any goods and services using computer technology; analysis of performance measurement process. The article presents the author’s opinion that digital technologies are used at each company, we can talk about the digitalization of the economy as a whole. Based on this, it is argued that the nature of work of employees is changing and this change requires the modification of methods of performance measurement and measuring the effectiveness of work. It is proved that in the conditions of digitalization of economy measurement of labor efficiency needs to be conducted on achievement of key indicators, instead of norms of expenses of time. The technique is to use Performance Measurement Systems.
