The article reveals the problematic issues of effective use of working time. In the face of increased competition, companies of different levels and areas of activity, due to insufficiently skilled work organization, lose their working time, which adversely affects labor productivity, the total volume of production of goods and services. In a crisis, this leads to a reduction in production and jobs. Time optimization will allow increasing individual labor productivity, which in the long run will contribute to increasing the company‘s competitiveness. Small and medium-sized businesses do not have great development opportunities, so they should focus on the effective use of all available resources, especially time. In the interest of optimizing time management in the organization of staff work, research was conducted in ten Hungarian small and medium-sized enterprises. During the research, methods of information collection were used: methods of photographing (recording) the working day of Felleg, Susanski, as well as content analysis and analysis of the data. As a result of the research, it was revealed that only 59 percent of the time in the course of a working day is used to perform basic labor functions. At the same time, direct losses of time were 10 percent, indirect 6 percent. As ways to solve the problem, it is suggested to reduce the time losses by 13-15 percent due to the introduction of multi-level time management. It is advisable to solve this problem with a personnel reserve.
A Generalized Exactly Additive Decomposition of Aggregate Labor Productivity Growth
