Schlumberger, which reported a better-than-expected quarterly profit on Thursday, is focusing on cutting costs by doubling asset utilization and increasing workforceproductivity.
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Increasing wages need to be set against increases in laborproductivity.
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As Europe's population ages, improvements in laborproductivity will be key to higher living standards.
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Nevertheless, the laborproductivity gap between the European Union and key competitors has widened in the past decade.
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According to HSBC, laborproductivity growth in Asia, excluding Japan, has been slipping since 2007 along with economic growth rates.
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The worries about a wage-inflation spiral are exaggerated, given strong laborproductivity growth and lack of collective bargaining in China, she said.
Uso de labour productivity en inglés
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Ireland has continued to demonstrate strong levels of labourproductivity in recent years.
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Increasing wages need to be set against increases in labourproductivity.
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The campaign neatly coincided with a strong and sustained rebound in labourproductivity.
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As Europe's population ages, improvements in labourproductivity will be key to higher living standards.
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It says slow labourproductivity growth accounted for about half of the slowdown in wages.
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Andy Mukherjee Investors have another reason to wrinkle their noses at emerging economies: fading labourproductivity.
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Improvements in labourproductivity could also help.
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Nevertheless, the labourproductivity gap between the European Union and key competitors has widened in the past decade.
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Higher levels of productivity allow societies to reinvest in human capital, and smart investments result in higher labourproductivity.
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This is in part because a major driver of profits is labourproductivity growth: doing more with fewer people.
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According to HSBC, labourproductivity growth in Asia, excluding Japan, has been slipping since 2007 along with economic growth rates.
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The figures for industrial output, labourproductivity and sales per employee in the Republic, while statistically accurate, give a false impression.
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The worries about a wage-inflation spiral are exaggerated, given strong labourproductivity growth and lack of collective bargaining in China, she said.
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It might be underemployment, the rise of technology, the power of big business to pay lower wages or lower labourproductivity growth.
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In 2009-14, our labourproductivity growth was the lowest in the OECD along with Mexico, Israel and Norway.
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Most leaders (more than 80 per cent) are happy with their workplace's performance in the areas of labourproductivity, wage costs and absenteeism.