Workers say manufacturing tops productivity

 

Manufacturing is one of the most productive industry sectors in Australia. When it comes to productivity, it comes second behind health and social services.

As SMH reports, this is the finding of a survey by Ernst & Young in which workers across various industries were asked to rate their own productivity.

The survey also found that workers across all industries could be more productive and came to the conclusion that an estimated $305 billion was being lost to the economy because of poor productivity.

2100 employees across seven industries were involved in the survey and four out of five of them believed they could be more productive.

Among the obstacles to productivity they listed insufficient staff engagement, wellbeing, motivation, reward and recognition in the workplace.

These results come at a time when manufacturing is struggling with the high dollar and competition from imports, as well as weak domestic confidence.

The Australian Industry Group's Australian Performance of Manufacturing Index dropped to 36.7 points in April. This was the lowest figure since May 2009.