LABOR PRODUCTIVITY AS A KEY DETERMI-NANT OF THE MULTIFACTOR PRODUCTIVITY MODEL IN THE CONDITIONS OF GLOBALIZATION SPREAD

Анотація

The article is based on the analysis of labor productivity, which, according to the authors, is a key determinant of the multifactor model of the productivity of socio-economic systems. The study analyzed scientific approaches to the interpretation of the category „labor productivity“ and defined this category at both the micro and macro levels. It is substantiated that the change in the nature, conditions and forms of modern work, the modification of traditional forms of employment and the emergence of completely new ones, which now actively affect the main parameters of the labor market, are the main reasons for which the assessment of labor productivity today acquires new relevance and importance. Factors that affect labor productivity and that make it sensitive to significant measurement errors are analyzed. Three main models of labor productivity improvement, namely Japanese, American and Western European, were evaluated and each of them was analyzed in detail. The foreign experience of increasing labor productivity was studied using the examples of these labor productivity models, which are used today by leading international companies and corporations. The expediency of implementing these mechanisms into the practice of domestic administration is substantiated, which in turn will ensure effective management of the labor productivity of employees at Ukrainian enterprises.

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