Analysis of Work Productivity Based on the Multi-Factor Productivity Measurement Model (MFPMM)

Larisang Larisang, Meylia Vivi Putri, Japar Maulana, Ahmad Hanafie

Abstract


Work productivity is a measure of comparing quality and quantity in a particular time unit to achieve work results effectively and efficiently by using existing resources. Work productivity can increase effectiveness which refers to achieving maximum performance. This relates to quality, quantity, time, and efficiency, which relates to efforts to compare inputs with their actual use or how the work is completed. This company experienced a decline in productivity because of several factors. The total decrease decreased by 11.67% in period 2 of the 2021 study. The method used in this study is the Multi-Factor Productivity Measurement Model to analyze the factors of decreased productivity with several factors analyses carried out, namely the analysis of Weighted Change Ratio, Cost To Revenue Ratio, Productivity Ratio, Weighted Performance Indexes, Rupiah Effect On Profit. The results of research on work productivity based on the MFPMM, namely the value of the WCR analysis, show a decrease in productivity due to the use of inputs, which has increased by 24.49%. The results of the CRR analysis show an average cost increase of 34.11%. The PR value shows that the total input productivity has decreased from the base period of 11.67%. WPI shows the results of the comparison of period 2 to period 1, namely Productivity -0.37, Price recovery -0.23, and Profitability -11.67. The REP value shows Productivity -IDR 3,349,244.81, Price recovery -IDR 116,434,078.08, and Profitability -IDR 119,783,322.89.

Keywords


Cost To Revenue Ratio, MFPMM, Productivity Ratio, Weighted Change Ratio, Weighted Performance Indexes

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DOI: http://dx.doi.org/10.52155/ijpsat.v37.1.5088

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