Productivity

The amount of output (what is produced) per unit of input used. Labour is one input amongst many. Total productivity is dependent upon a variety of diverse and hard to measure inputs. One simple measure of productivity is the Gross Domestic Product (GDP) per person-hour worked. But it is also a simplistic measure of productivity because it neglects a number of factors such as capital investment.

See also:

Benchmarking
Best Practice
Business Environment
Business Process Reengineering
Centralization
Change
Change Strategy
Competitive Advantage
Comprehensiveness
De-layering
Division of Labour
Divisional Structure
Downsizing
Management by objectives (MBO)
Organizational design
Organizational development (OD)
Organizational goals
Organizations
Soft HRM
Soft Planning
Strategic HRM
Talent Management

Based on the glossary section of Human Resource Management, 4th edition.

HRM Textbooks

Human Resource Management, 4th edition
by Alan Price
 Covers all the key aspects of HRM. Available from:
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Fundamentals of Human Resource Management
 Shortened version of Human Resource Management - concise analysis for non-specialists and one-semester courses.
More information and prices from:
Amazon.co.uk - UK pounds
Amazon.de - Euros
Amazon.fr - Euros
Amazon.it - Euros
Amazon.com - US dollars
Amazon.ca - Can dollars