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EFFICIENCY OF LABOUR — Economics Keypoint

EFFICIENCY OF LABOUR

This shows the rate at which labour is utilized.

FACTORS THAT INFLUENCE THE EFFICIENCY OF LABOUR

  1. The health condition of workers: This explains that a worker will work if he is very healthy.
  2. Condition of working atmosphere: This explains the working condition of the place in terms of good rapport among workers
  3. Educational background: The nature and amount of education and training received by a worker goes a long Way in determining his efficiency.
  4. Workers attitude to work.
  5. The salary and other benefits.
  6. Working capacity of tools and equipments used by workers.

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