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Productivity - Group 4
Productivity - Group 4
3: Productivity – Group 4
While looking at the historical data of the report, it is saddening that the labor
productivity in the country decreased because the minimum wage that the labor force
receive has become stagnant or does not equate with the demand for labor productivity.
In my opinion, these should be addressed by the next government administration that
wages must level with the rising prices of goods to satisfy the needs of the workers, this
may result in increased labor productivity. Agreeing with their statement, being
productive can help a construction firm increase and utilize the capacity of the human
resources it has. Also, productivity in the workplace will often translate into good
customer service and interaction, and improving relative productivity growth improves a
country’s competitive position.