Study shows workers more productive at home
New figures out suggest the anecdotal evidence of workers being more productive while at home is true.
A study by the Swiss Trade Association reported in yesterday’s NZZ newspaper shows productivity per worker was up 16% during the lockdown, while hours worked fell 10%.
Although GDP in the first quarter of this year show a drop of 2.6% - coupled with the drop-in hours worked, that shows an increase in individual output.
The association’s head economist, Henrique Schneider, says the figures are striking and shows the economy is highly flexible and capable – at least in the short term.
He says workers could focus on more essential tasks while at home while not wasting time with a commute.