LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #29   Report Post  
NOYB
 
Posts: n/a
Default Great Economic News: Recession is Over!


"-rick-" wrote in message
...

"NOYB" wrote in message
m...

"jps" wrote in message
...
"JohnH" wrote in message
...

Productivity is a rate, usually represented as a fraction, e.g. 37
widgets/one
hour. Productivity is not measured by reductions or increases in

hourly
pay.

What about database entry? Is that a widget too? Is productivity

based
only upon manufacturing?


Productivity is measured as Gross Domestic Product adjusted for

inflation
divided by the total number of hours worked.

If an hourly worker is working more than 40 hours in a week, then those
additional hours are being reported...and they would *decrease*

productivity
if GDP stayed the same. However, productivity is *increasing*...so your
theory is flat-out wrong.


My engineering group consists of salaried exempt employees who don't

report
actual hours worked.


The key word is "salaried"...



 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Great weekend Paul General 3 September 16th 03 08:30 PM


All times are GMT +1. The time now is 04:44 PM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 BoatBanter.com.
The comments are property of their posters.
 

About Us

"It's about Boats"

 

Copyright © 2017