11 July 2018
Office for National Statistics has launched an interactive tool to aid businesses to calculate their productivity and compare their performance to other businesses in Great Britain.
The tool will let you calculate the productivity of your own business over time; and compare your productivity performance to other businesses in your industry. You only need three pieces of information: your turnover (or sales), your purchases of inputs (excluding investment), and how many people you employ.
For more information and to use the tool visit: https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/labourproductivity/articles/howproductiveisyourbusiness/2018-07-06
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