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Labour productivity is the indicator reflecting the working
performance of labour, usually measured by Gross Domestic Product to a
worker on an average in the reference period, usually a calendar year.
Labour productivity = Gross Domestic Product (GDP)
(VND/employee) Average employed population
Average monthly income per employed worker
Income of an employed worker includes the following items:
- Income from wages, salaries and other incomes of salary-like
nature, including: overtime conpensation, bonuses, allowances, etc. of wage
workers in the economy. These incomes can be in cash or in kind.
- Income from production and business activities, includes: Profits
from agricultural production activities which sell products, profits from
trading in goods and services,... excluding income from loan interest or
income paid that is not related to the job at hand.
Average monthly income per employed worker is the total income of
all employed workers to the total number of employed workers.
Formula:
Average monthly income = Total income of all employed workers
per employed worker Total number of employed workers
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