Labor Rate vs Productivity

RSS

Today at our MRO Baltics, Eastern Europe and Russia/CIS forum here in Vilnius an interesting discussion about labor rates, productivity and evaluating the two. 

It started after Audrey Bel'bas, head of marketing for Engineering-Aviation Maintenance Holdings in Russia, presented a chart of the world showing labor rates in each region. 

A natural question followed about how to effectively measure productivity/efficiency vs. labor rates. An MRO could offer cheaper labor rates but if it accumulates many more man-hours completing a job, is it worth it? How many MROs truly continually try to hone their productivity vs simply survive and conduct business as usual? On a global scale, it would be interesting to know that. 

Thoughts? Signing off from Lithuania.

Please or Register to post comments.

A Century of Aviation Week

Aviation Week & Space Technology is celebrating its 100th anniversary this year. In a series of blogs, our editors highlight editorial content from the magazine's long and rich history.

 

Blog Archive
Penton Corporate

Sponsored Introduction Continue on to (or wait seconds) ×