Iran Suffers From Poor Productivity
Iran Suffers From Poor Productivity

Iran Suffers From Poor Productivity

Iran Suffers From Poor Productivity

Average annual hours actually worked per person in Iran are at 800, a report by the Statistical Center of Iran announced.
For Japan, South Korea, China, Turkey, Germany, Pakistan and Afghanistan, the average stands at 2,420, 1,900, 1,420, 1,330 1,700, 1,100 and 950 respectively.
The productivity of Iranian civil workers is below 30 minutes per day while that of blue-color workers is under 2 hours, the lowest among the workforces of regional countries.
This comes as the government spends 1,250 trillion rials ($28.4 billion) of its resources on paying eight million workers every year, the Majlis Research Center said.
Today, the Iranian economy needs investment and productivity more than ever, the Persian weekly Seda reported.
Foreign funds are hardly injected into the economy due to political pressure. Under the conditions, improving workers’ productivity (and not the hours they put in) is key to addressing the country’s economic woes.
The government’s swelling payroll cost with the annual addition of new workers poses a major challenge.
Experts believe an important reason behind low productivity in Iran is the reduction in real wages.  A 2010 paper on labor productivity coordinated by Firouz Fallahi, a professor at Tabriz University, argues that higher wages will encourage workers in Iran to work harder.  

Short URL : https://goo.gl/2fVvKa
  1. https://goo.gl/wk4ays
  • https://goo.gl/G4wYcj
  • https://goo.gl/KozhRj
  • https://goo.gl/BQkuc8
  • https://goo.gl/QiA7hT

You can also read ...

Asian and European economic support for Iran offers the potential to improve existing alternative international trade links and develop new links.
While American President Donald Trump has withdrawn from the...
Uber Chief Product Officer to Leave
Uber Technologies Chief Product Officer Jeff Holden is leaving...
Tesla Model 3
Elon Musk’s Model 3, once touted as Tesla’s $35,000 car for...
1st USD Rate Hike After Unification
For the first time after the government decided to unify the...
Iranians’ per capita honey consumption is 1 kilogram per year, while it is around 200 grams in other countries.
Iran has made noticeable progress in honey production, as it...
The number of foreign students enrolled in Iranian universities increased by 19% in the last Iranian year (ended March 20, 2018) compared to the year before.
Currently, some 55,000 foreign students are studying in...
Efforts Underway to Unblock Iranian Accounts in Georgia
Efforts are underway to unblock some bank accounts belonging...
Transport MoU With Greece
Iran and Greece have signed a memorandum of understanding to...

Add new comment

Read our comment policy before posting your viewpoints