Changes

''See also:'' [[Labor productivity]]

''See also:'' [[Labor productivity]]

According to the U.S. Labor Bureau of Statistics, [[labor productivity]] is a "measure of [[Economics|economic]] performance that compares the amount of output with the amount of labor used to produce that output."<ref>[https://www.bls.gov/k12/productivity-101/content/what-is-productivity/what-is-labor-productivity.htm Productivity 101],  U.S. Labor Bureau of Statistics</ref>

According to the U.S. Labor Bureau of Statistics, [[labor productivity]] is a "measure of [[Economics|economic]] performance that compares the amount of output with the amount of labor used to produce that output."<ref>[https://www.bls.gov/k12/productivity-101/content/what-is-productivity/what-is-labor-productivity.htm Productivity 101],  U.S. Labor Bureau of Statistics</ref> The Organisation for Economic Co-operation and Development states concerning labor productivity: "Labour productivity is a key precondition for high growth of output, employment and wages and central to long-term growth in living standards."<ref>[https://www.oecd.org/countries/russia/jobs-strategy-RUSSIA-EN.pdf How does Russia compare?], Organisation for Economic Co-operation and Development</ref>

Fast Company's article ''Research shows happiness is the new performance indicator. This is how managers can support it'' indicates: "The Saïd Business School study Does Happiness Improve Worker Productivity? found that happiness can have a significant impact on productivity. Results showed that happier workers were 12% more productive than their unhappy counterparts."<ref>[https://www.fastcompany.com/90891844/research-happiness-new-performance-indicator#:~:text=The%20Sa%C3%AFd%20Business%20School%20study,productive%20than%20their%20unhappy%20counterparts. ''Research shows happiness is the new performance indicator. This is how managers can support it'']</ref>

Fast Company's article ''Research shows happiness is the new performance indicator. This is how managers can support it'' indicates: "The Saïd Business School study Does Happiness Improve Worker Productivity? found that happiness can have a significant impact on productivity. Results showed that happier workers were 12% more productive than their unhappy counterparts."<ref>[https://www.fastcompany.com/90891844/research-happiness-new-performance-indicator#:~:text=The%20Sa%C3%AFd%20Business%20School%20study,productive%20than%20their%20unhappy%20counterparts. ''Research shows happiness is the new performance indicator. This is how managers can support it'']</ref>