productivity gains
More work done
Productivity gains are increases in output relative to input—getting more done with the same resources, or the same done with fewer.
The phrase appears constantly in business and economics: The company attributed its productivity gains to automation.
Productivity gains can come from technology, better processes, or workforce skills, and are often cited to justify layoffs or investment.
- cost reductionDecreasing expenditure amounts
- cutting cornersReducing effort improperly
- bottom lineEssential point or conclusion
- efficiencyProductive without waste
- automationSelf-operating system design
return on investment · scalability · focus · motivation · work-life balance · performance metrics · time management · time savings · crunch time · profitability · resource allocation · policy reform · economic output · artificial intelligence · skill development · sustainability · digital transformation · continuous improvement
- Economic Growthexpansion, growth spurt, prosperity, boom, upturn
- industrial managementassembly line, mass production, factory floor, production line, division of labor
- Government Reformbudget reform, fiscal reform, government reform, policy reform, regulatory reform
- postwar GermanyWest Germany, East Germany, divided Germany, Iron Curtain, Federal Republic
- industrializationfactory, industrial revolution, Industrial Revolution, factories, manufacturing
- job automationjob automation, job loss, industrial automation, factory robots, machine learning
productivity gainseconomic contraction
Decline in monetary activity
negative growth · regression · downturn · shrinkage · retrenchment