By Howard Schneider COLUMBIA, South Carolina, Feb 3 (Reuters) - Rising productivity is helping businesses ease cost pressures ...
Productivity growth allows companies to pull in more profits, which can allow them to raise wages. But recently, wage growth has slowed — even as productivity has stayed strong.
It seems obvious to say that higher productivity is a good thing. As a government measure, labor productivity is roughly total gross domestic product divided by hours worked. And when it’s going up, ...
In a May report on alternative scenarios for the long-term U.S. budget outlook, the Congressional Budget Office estimated the impact of productivity growth that was faster or slower than the 1% annual ...
What’s the best way to set productivity targets for a back office in terms of revenue cycle management? And how do you motivate staff to reach those goals? Good questions! There’s no one-size-fits-all ...
Most companies are still trying to boost performance using outdated levers: more tools, more meetings, more rules. But if you’re serious about unlocking productivity in 2025 and beyond, start with ...
The U.S. experienced its first decline in productivity in nearly three years during the first quarter, turning what was once a growth engine into another potential drag on U.S. economic growth.
Technology costs have grown disproportionately in asset management, but increased spending has not always translated into higher productivity according to research from consultancy McKinsey. The ...
Daily GenAI users see higher pay, job security and productivity - while a third of the global workforce regularly feel overwhelmed: PwC Daily GenAI users see higher pay, job security and productivity ...