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The amount of private work being taken on had not increased, it found, the rate of decline in productivity had slowed, the ratio of full-time consultants to total staff in the NHS had risen and pay rises not linked to performance had slowed.
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This is another thing not explained well in the campaign that taxes on capital reduce the potential capital to labor ratio, limit labor productivity gains, and thus limit wage gains.
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He noted that such a move was the only way to improve productivity and avoid an indefinite increase in the ratio of foreigners in the workforce.
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They evaluated the remaining 350 companies using key environmental, social, and governance performance indicators, including waste productivity, CEO-to-average-worker pay ratio, leadership diversity, and employee turnover.
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With hours worked stagnant, our main source of growth must come from productivity gains, which depends on investment to raise the ratio of capital to labor.
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However, when you think about it, a low student-teacher ratio goal, is specifically a low-productivity goal inconsistent with productivity increases needed to stretch scarce tax and tuition dollars.
FORBES: Why Fixing America's Schools Means Increasing Teacher Productivity
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As a result, the ratio of output to input for those final-goods producers, which is to say their productivity, would be higher: it would reflect the unmeasured improvement in service-supplier productivity after all.
ECONOMIST: Performing miracles | The