Labour productivity : a Singapore perspective

This study reviews the labour productivity measurement practices of some manufacturing companies in Singapore. Specifically, it addresses the relevance and perceived benefits of labour productivity, as well as the different types of labour productivity measures, and their uses and shortcomings....

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Bibliographic Details
Main Authors: Neo, Teck Pheng, Ngo, Tong Kwee, Tan, Betty
Other Authors: Thomas Chiong
Format: Final Year Project
Language:English
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10356/63026
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Institution: Nanyang Technological University
Language: English
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Summary:This study reviews the labour productivity measurement practices of some manufacturing companies in Singapore. Specifically, it addresses the relevance and perceived benefits of labour productivity, as well as the different types of labour productivity measures, and their uses and shortcomings. With the manufacturing environment in Singapore moving towards a higher level of automation, it appears questionable as to whether labour productivity is still of continued relevance. However, research has revealed that even for a capital-intensive manufacturing environment, labour comprising of workers, supervisors, etc. still play an integral role in the control of the whole manufacturing process. Labour productivity measures can be complex and costly to implement, especially in our dynamic manufacturing environment. Therefore, more studies and research on labour productivity should be undertaken in the Singapore context, so as to bring forth innovations in labour productivity measures which are vital to an organisation's growth and viability in our modem and competitive business world .