Employee productivity at five year low, says PwC

Employee productivity at European companies is at a five-year low, according to new research from PricewaterhouseCoopers (PwC).

Over 2,400 organisations in over 50 countries took part in the Key Trends in Human Capital 2012 study. The report suggests that the drop in productivity is caused by the higher proportion of experienced workers, who command greater pay, and the overall increase in employee costs – resulting in Western European companies receiving a much lower return from their investment in their workforce.

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