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Articles on Productivity
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Bringing together worker, business, and government representatives helped set clearer rules for everyone on public holidays. We need to try that same approach to lift NZ’s poor productivity.
Traditional pay structures — like wage gaps, pay-for-performance systems, the belief that time equals money and pay secrecy — are stopping organizations from reaching their goals and thriving.
With immigration soaring, warnings about its impact on population distribution, housing and business innovation have gone largely undiscussed during the election campaign.
When economists model climate impacts, they look to what past weather shocks have done to the economy. But this does not remotely capture what climate change could do.
Policies that foster diversity, equity and inclusion have been shown to have many positive operational impacts − including leading to more worker engagement.
The latest Intergenerational Report shows Australia less old than it was going to be, but poorer. And eventually needing to pay more tax.
We often think of self-esteem as either high or low, but the level of your self-esteem might be less important than the stability of your self-esteem.
Put bluntly, Australian businesses as a whole appear to have become slow to adopt world best practice. But if we want to lift productivity, we need to act on a wider suite of solutions.
If you drop advanced AI into a dumb organisation, it won’t make it smart. It will just help the organisation do dumb stuff more efficiently (in other words, quicker).
Our concerning finding is “non-compete clauses” are even more widespread in Australia than in the United States. And it’s not only among CEOs: even childcarers and yoga instructors are affected.
Adjusted for inflation, Australians are being paid less than they were in 2020. These 4 charts show what’s changed in how we work – and the growing gap between your pay and what you can afford to buy.
Unless we boost productivity, wages growth could sink back to 2-3%. The Productivity Commission has some good solutions – and we’d argue redesigning the Stage 3 tax cuts should be on the list too.
Of all the things we can do to boost productivity, working harder is one of the least likely to make a difference.
Canada needs to improve the way we work. Improving our productivity ranking will take years, but by taking steps in education, in the private sector and in government, we can achieve national wealth.
Has your computer just crashed and you are waiting for it to reboot? If so, do not despair. In fact, recent research shows surprise interruptions might even boost your creativity.
Software you may already use every day can track your productivity for your employer.
Edwina Preston reflects on the lost art of hanging out – which feeds creativity – and the need to reclaim time from the pressures of productivity. She draws on new books by Jenny Odell and Sheila Liming.
Shorter working weeks bring economic benefits but also boost employee wellbeing.
A short nap during the working day can boost productivity as much as a pay rise, according to research.
Top contributors
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Professor, Department of Economics, The University of Melbourne
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Laurie Carmichael Distinguished Research Fellow at the Centre for Future Work, and Professor Emeritus, Griffith Business School, Griffith University
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Emeritus Professor & UTS innovation adviser, University of Technology Sydney
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Professsor of Applied Economics, Massachusetts Institute of Technology (MIT)
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Professor of Management, Faculty of Business and Economics, The University of Melbourne
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Professor, Monash University
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MBA Director & Assistant Professor of Organisational Behaviour, Bond Business School, Bond University
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Vice-Chancellor’s Fellow, University of Tasmania
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Associate Professor, Operations and Supply Chain Management, University of Technology Sydney
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Productivity Growth Program Director, Grattan Institute
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Professor, School of Economics, The University of Queensland
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Academic Director, Murdoch University
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Professorial Fellow, University of Canberra
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Distinguished Visiting Professor of Economics, University of Johannesburg
