Wall Street Journal (April 8)
As a group, S&P companies have gained efficiency while rebounding to pre-recession levels. “S&P 500 companies have become more efficient—and more productive. In 2007, the companies generated an average of $378,000 in revenue for every employee on their payrolls. Last year, that figure rose to $420,000.” These same companies have also increased capital expenditures, reduced debt and increased cash on hand.
As a group, S&P companies have gained efficiency while rebounding to pre-recession levels. “S&P 500 companies have become more efficient—and more productive. In 2007, the companies generated an average of $378,000 in revenue for every employee on their payrolls. Last year, that figure rose to $420,000.” These same companies have also increased capital expenditures, reduced debt and increased cash on hand.
Tags: CAPEX, Cash, Debt, Efficiency, Productivity, Recession, S&P
The Los Angeles Times (August 14)
Americans need to take a break. “Each year we work more and enjoy fewer vacation days than most other industrialized nations. The U.S. is one of a few countries that do not provide a mandatory minimum vacation leave by law. This is unfortunate because “vacations are pro-family, promote good health and increase worker productivity. The U.S. needs to relax more.”
Americans need to take a break. “Each year we work more and enjoy fewer vacation days than most other industrialized nations. The U.S. is one of a few countries that do not provide a mandatory minimum vacation leave by law. This is unfortunate because “vacations are pro-family, promote good health and increase worker productivity. The U.S. needs to relax more.”
Tags: Industrialized nations, Productivity, U.S., Vacation
Financial Times (June 11)
The rumbling in the world’s “assembly plant” is healthy. Striking Chinese workers are merely doing what has been done in “every successful east Asian country.” Rising wages are “a natural consequence of the country’s development and of the operation of labour markets.“ Both worker skill and productivity have increased throughout China, making it “entirely natural for pay… to rise to reflect those returns.”
Tags: China, Productivity, Strikes, Wages
