scholarly journals Relation between work efficiency and labor cost in Poland

2018 ◽  
Vol 50 (1) ◽  
pp. 47-62
Author(s):  
Magdalena Kapela
Keyword(s):  
Labor Productivity ◽  
Technology Development ◽  
Work Productivity ◽  
Essential Element ◽  
Labor Cost ◽  
Work Efficiency ◽  
Labor Costs ◽  
Basic Goal ◽  
Unit Labor Costs ◽  
Research Period

The basic goal of this document is to research the changes in work efficiency level, as well as labor costs and evaluation of their relation in Poland in comparison to other EU countries. Research period embraced the years 2000–2016. Desired research objective was achieved with the use of review of the literature method, deduction, description and simple statistical and visualization technics (Eurostat, GUS). The analysis of changes and proportions between unit labor costs and labor productivity is essential element of labor market researches. Sustainable and monochromic growth of both factors is important if competitiveness’s improvement ought to be due to technology development not to low-wages politic. Polish production is based on low and middle technology, and until now low labor costs. This system can turn out negative and embed unfavorable economy structure. The level of unit labor costs in Poland in comparison to European Union is low, so as the level of work productivity is. On the other hand the pace of labor productivity is high. Until now the pace of wage growth was lower than labor efficiency, and the balance between two variables was kept.

Labor-use efficiency and New York dairy farm financial performance

2019 ◽  
Vol 79 (5) ◽  
pp. 646-665
Author(s):  
Jing Yi ◽  
Jennifer Ifft
Keyword(s):  
Financial Performance ◽  
Labor Productivity ◽  
Dairy Farm ◽  
Dairy Farms ◽  
Labor Cost ◽  
Labor Costs ◽  
Content Type ◽  
Use Efficiency ◽  
Hired Labor ◽  
The Relationship

Purpose Dairy farms, along with livestock and specialty crop farms, face a tight labor supply and increasing labor costs. To overcome the challenging labor market, farm managers can increase labor-use efficiency through both human resource and capital investments. However, little is known about the relationship between such investments and farm profitability. The purpose of this paper is to examine the relationship between dairy farm financial performance and labor-use efficiency, as measured by labor productivity (milk sold per worker equivalent); labor costs (hired labor cost per unit of milk sold and hired labor cost per worker); and investment in labor-saving equipment. Design/methodology/approach Cluster analysis is applied to partition dairy farms into three performance categories (high/middle/low), based on farms’ rate of return on equity, asset turnover ratios and net dairy income per hundredweight of milk. Next, the annual financial rank is fitted into both random- and farm-level fixed-effects ordered logit and linear models to estimate the relationship between dairy farms’ financial performance and labor-use efficiency. This study also investigates the implications of using a single financial indicator as a measure of financial performance, which is the dominant approach in literature. Findings The study finds that greater labor productivity and cost efficiency (as measured by hired labor cost per unit of milk sold) are associated with better farm financial performance. No statistically significant relationship is found between farm financial performance and both hired labor cost per worker and advance milking systems (a proxy of capital investment in labor-saving technology). Future studies would benefit from better measurements of labor-saving technology. This study also demonstrates inconsistency in regression results when individual financial variables are used as a measure of financial performance. The greater labor-use efficiency on high-performing farms may be a combination of hiring more-skilled workers and managerial strategies of reducing unnecessary labor activities. The results emphasize the importance of managerial strategies that improve overall labor-use efficiency, instead of simply minimizing total labor expenses or labor cost per worker. Originality/value This study examines the importance of labor productivity and labor cost efficiency for dairy farm management. It also develops a novel approach which brings a more comprehensive financial performance evaluation into regression models. Furthermore, this study explicitly demonstrates the potential for inconsistent results when using individual financial variable as a measure of financial performance, which is the dominant measurement of financial performance in farm management studies.

scholarly journals Does China Still Have a Labor Cost Advantage?

2012 ◽  
Vol 12 (3) ◽  
pp. 1850270 ◽  
Author(s):  
Janet Ceglowski ◽  
Stephen S. Golub
Keyword(s):  
Labor Cost ◽  
Cost Advantage ◽  
Labor Costs ◽  
Relative Unit ◽  
Unit Labor Costs ◽  
Real Appreciation

In recent years wages in China have been rising and the yuan has appreciated, potentially eroding China’s cost advantage in manufactures. This paper explores the evolution of China’s relative unit labor costs in manufacturing over 1998-2009. Between 1998 and 2003 China’s unit labor costs fell, but since 2003 they have increased both absolutely and relative to US unit labor costs. Much of the rise in China’s relative unit labor costs can be traced to a real appreciation of the yuan against the dollar. Despite the recent rise, China’s unit labor costs remain low relative to those in most other countries.

scholarly journals Labor Costs and the Social Dumping Debate in the European Union

ILR Review ◽  
1994 ◽  
Vol 48 (1) ◽  
pp. 28-47 ◽  
Author(s):  
Christopher L. Ericksno ◽  
Sarosh Kuruvilla
Keyword(s):  
European Union ◽  
Capital Flows ◽  
Capital Mobility ◽  
Western Europe ◽  
Developed Countries ◽  
Labor Cost ◽  
The European Union ◽  
Labor Costs ◽  
The Social ◽  
Unit Labor Costs

This study examines the labor cost incentive for capital movement in manufacturing within the European Union, a key aspect of the “social dumping” debate in Western Europe. The authors find that the percentage differences in unit labor costs between the more developed and less developed countries in the Union not only were large in 1980 but actually grew between 1980 and 1986, and separate estimates of compensation and productivity growth rates do not indicate that significant convergence occurred over the remainder of the 1980s. Although these findings apparently confirm that a labor cost incentive for capital mobility does exist, analysis of foreign direct investment data indicates that during the period 1980–88 capital flows to the lower labor cost countries actually were not much larger than capital flows to the higher labor cost countries.

scholarly journals Increasing labor income and real unit labor costs in Brazilian agrobusiness

2022 ◽  
Vol 60 (2) ◽  
Author(s):  
Nicole Rennó Castro ◽  
Geraldo Sant’Ana de Camargo Barros
Keyword(s):  
Productivity Growth ◽  
Labor Cost ◽  
Labor Income ◽  
Unit Labor Cost ◽  
Labor Costs ◽  
Annual Increase ◽  
Unit Labor Costs ◽  
Annual Reduction ◽  
Productivity Gains ◽  
The Relationship

Abstract This study analyzes the interactions between per worker labor income (PWLI), labor productivity, real unit labor costs, and the relationship between relevant employee (IPCA) and employers (GDP deflators) prices, specifically focusing on Brazilian agrobusiness. For that purpose, labor productivities of the entire agrobusiness sector and its segments were calculated from 2004 through 2015. We found that the gap between agrobusiness sector deflators and the IPCA did not play a preponderant role to mitigate the effect of PWLI growth of 3.81% annually on real unit labor cost (CURT), which only increased 0.21% annually. In turn, CURT was contained by productivity gains, boosted mainly by agriculture. Without this productivity growth, CURT would have increased at 3.7% annually, thus making unviable the observed simultaneous gains for employers and employees in the Brazilian agrobusiness sector. The result for the primary agrobusiness segment should be highlighted. Even with an annual increase of 4.07% in PWLI, the 7.24% annual growth in productivity implied on an average annual reduction in CURT (-2.56%); without this significant productivity growth, the same increase in PWLI would have boosted CURT by 4.7% annually.

scholarly journals Analisis Produktivitas Tukang Batu Bata Pada Proyek Pembangunan Asrama Puteri Mandala Wangi 2 di Kota Kendari

2021 ◽  
Vol 2 (1) ◽  
pp. 37-45
Author(s):  
Al Mustahyun ◽  
Sunaryo Sunaryo ◽  
La Ode Musa Rahmat ◽  
Sufrianto Sufrianto
Keyword(s):  
Construction Industry ◽  
Labor Productivity ◽  
Labor Cost ◽  
Labor Costs ◽  
Work Time ◽  
Work Activities ◽  
Competitive Prices ◽  
Time Required

Productivity is one of the fundamental factors that influences the ability of performance in the construction industry. Increasedproductivity will reduce work time, and will reduce costs, especiallylabor costs so that the minimum labor cost is obtained (labor costs)to get competitive prices both for auction and implementation. Thepurpose of this study is to analyze the labor productivity time incompleting 1 m2 of masonry bricks and to analyze the productivityvalue of brick masons in completing work activities in the constructionproject of the Mandala Wangi 2 female dormitory. The results showedthat the time required to complete 1 m2 of brick laying work was 41.13minutes on average. The productivity of the artisans working on the 1stfloor is an average of 1.45 m2/hr. Meanwhile, the productivity ofcraftsmen working on the 2nd floor is an average of 1.47 m2/hr.

Labor Productivity versus Labor Compensation:Some Simple arithmetic

2014 ◽  
pp. 36-61 ◽  
Author(s):  
R. Kapeliushnikov
Keyword(s):  
Labor Productivity ◽  
Productivity Growth ◽  
Labor Costs ◽  
Simple Arithmetic ◽  
Labor Compensation ◽  
Stable Relationship ◽  
Russian Economy ◽  
Long Run ◽  
Unit Labor Costs ◽  
In The Beginning

The paper explores the “race” between wages and labor productivity in the contemporary Russian economy. It continues the author’s previous research where the same problem was examined for the earlier period of 1997-2007. The analysis focuses on dynamics in labor productivity and labor compensation during the economic crisis of 2008-2009 and subsequent years. The author shows that conventional wisdom implying that in Russia wages persistently increase at much higher annual rates than productivity is wrong: over 1997-2012 there was no stable relationship and waves of faster wage growth alternated with waves of faster productivity growth. However in the long run productivity outpaced labor compensation. As a result in 2011-2012 real unit labor costs for Russian firms were even lower than in the mid of the 1990s or in the beginning of the 2000s.

PENGARUH PEMBERIAN UPAH DAN DISIPLIN KERJA TERHADAP PRODUKTIVITAS TENAGA KERJA PT DUTA TRANS JAYA JAKARTA

2018 ◽  
Vol 19 (1) ◽  
pp. 13
Author(s):  
Rahmat Hidayat
Keyword(s):  
Organizational Performance ◽  
Labor Productivity ◽  
Significant Influence ◽  
Work Productivity ◽  
Organizational Goals ◽  
Work Done

Organizational performance is the end result of the work done to achieve organizational goals that have been established. All that is determined by the existence of good labor productivity. There are several things that affect the productivity of labor, including the provision of wages and discipline work. One way to reward and acknowledge the existence of manpower is through the provision of wages. In addition to wage factors, labor productivity can also be influenced by work discipline factors. This study aims to determine the effect of wages and discipline of work on the productivity of labor at the company's Duta Trans Jaya Jakarta. The population of the research ani there are 40 employees, so researcher uses saturated samples by using all the popolation. So the sample in this study is 40 people. Based on the above data it can be seen that the value for wage variables, and work discipline (simultaneously) has a significant effect on work productivity, where the significant value of F of 0.000 <0.05 so it can be concluded that Ha accepted and Ho rejected this means that there is A significant influence between wage and work discipline variables on work productivity at PT. Duta Trans Jaya Jakarta. Kata kunci:Provision of Wage, Discipline Work, Productivity of worker

scholarly journals How Do Firms Respond to Reduced Labor Costs? Evidence from the 2007 Swedish Payroll Tax Reform

2021 ◽  
Author(s):  
Sven-Olov Daunfeldt ◽  
Anton Gidehag ◽  
Niklas Rudholm
Keyword(s):  
Tax Reform ◽  
Cost Savings ◽  
Labor Cost ◽  
Policy Instrument ◽  
Extensive Margin ◽  
Labor Costs ◽  
Payroll Tax ◽  
Payroll Taxes ◽  
Wage Effect ◽  
Marginalized Groups

AbstractOne way for policymakers to reduce labor costs and stimulate the recruitment of marginalized groups of labor in a highly unionized economy is to lower payroll taxes. However, the efficiency of this policy instrument has been questioned, and previous evaluations have mostly found small employment effects for such reforms. We investigate the effects of a payroll tax cut in Sweden that decreased firms’ labor costs in relation to the number of young employees that they had employed when the reform was implemented in 2007. We find that most firms received small labor cost savings as a result of the reform, but those that received larger cost savings increased their number of employees significantly more than firms that received no, or minor, labor cost savings. Our findings also suggest that the payroll tax cut increased the total wages paid to incumbent workers, but the wage effect was too small to offset the positive extensive-margin employment effect of the reform. In total, we find that the Swedish payroll tax reform created 18,100 jobs over the period 2006–2008; most of these jobs were within the targeted group of young employees.

scholarly journals PAPERLESS OFFICE SEBUAH KEBUTUHAN KANTOR MASA DEPAN DI INDONESIA

2019 ◽  
Vol 3 (01) ◽  
pp. 73-84
Author(s):  
Barnad Barnad
Keyword(s):  
Work Productivity ◽  
Work Behavior ◽  
Behavior Patterns ◽  
Work Efficiency ◽  
Work Effectiveness ◽  
Information And Communication ◽  
Paperless Office ◽  
Traditional Work ◽  
Modern Work ◽  
Office Equipment

The development of computer technology and information and communication technology has entered all aspects of life both personally and business institutions such as offices. Work behavior patterns that still apply traditional offices with modern office equipment only produce work effectiveness, but have not produced work efficiency. In this paper, we will describe the results of traditional work behavior patterns, especially the use of wasteful paper, and how to make the most of information technology that has been owned to change traditional behavior patterns into modern ones which will result in a maximum reduction in paper use. Thus the achievement of work productivity is not only in the form of work effectiveness, but work efficiency can be achieved by applying modern work behavior. This change in work behavior indirectly plays a role in helping to improve the environment, because each sheet of paper used is the result of logging as the main ingredient. The application of modern work behavior patterns will have a significant impact if carried out jointly and thoroughly at each office.

Sign in / Sign up

Export Citation Format

Share Document