Definition of productivity noun from the Oxford Advanced Learner's Dictionary



BrE BrE//ˌprɒdʌkˈtɪvəti//
; NAmE NAmE//ˌprɑːdʌkˈtɪvəti//
, NAmE//ˌproʊdʌkˈtɪvəti//
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the rate at which a worker, a company or a country produces goods, and the amount produced, compared with how much time, work and money is needed to produce them high/improved/increased productivity Wage rates depend on levels of productivity. the low agricultural productivity of the countryExtra examples Few employers measure employee productivity. It cost the company $25 million in reduced productivity. Management is negotiating a new productivity deal with the union. Organizations today just can’t afford to lose productivity. Productivity is growing at a very healthy rate. The strike took a heavy toll in lost productivity. Wage increases outpaced growth in productivity. the key strategies for maintaining the productivity of American workers the mechanisms through which investment in information technology affects productivity and growth If you want to stay in this job you’ll need to get your productivity up.
See the Oxford Advanced American Dictionary entry: productivity