Published November 2016

The mathematic-statistic relationship between labour productivity and salary

D.A. Amiraslanova

The labour productivity is the efficiency of labour inputs on the unit of output. The increase of labour productivity also means the reduction of necessary labour inputs for production of outputs. Via reduction of labour inputs on the unit of output, the society has an opportunity to raise the output production on each employee and therefore, to improve the satisfaction of increasing demands. Constant increase of labour productivity is the necessary requirement for the increase and improvement of production and economic law of its development.