In the current job market, companies are doing more with less these days. And current data from Statistics Canada is proving this new trend. In the final quarter of 2013, companies’ labour productivity rose 1%, as it out paced the U.S. rate of 0.7%. The rate is calculated by dividing the amount of output by the amount of hours worked.
So, as Canadian businesses proceed to produce more goods with less people, we want to know how this trend affects your business. Let us know by voting in our monthly poll!
Do you have any insight on this important subject? Has your company tried to do more with less? Let us know in the comments section below!
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