A useful way to measure the productivity of a workforce is to determine the total cost of people against the annual sales of the organization.

Question

Quizplus · Accepted Answer

The total cost of people against annual sales is not an accurate measure of productivity as it does not take into account other factors such as the quality of products or services, efficiency of processes, and overall performance of the organization. Other metrics such as revenue per employee or output per hour may provide a more accurate measure of productivity.

A Useful Way to Measure the Productivity of a Workforce