productivity

Upper management at these companies tend to distrust their employees, she said, and hold “outdated definitions of productivity” — an approach that, naturally, makes employees resentful and inhibits healthy communication.

The government said in the 2024 Autumn Budget that it would seek to fund any pay rises above what departments have budgeted for not by raising taxes or more borrowing but by "productivity improvements".

They say that companies are measuring people’s productivity and performance more closely, and that they are shifting resources toward artificial intelligence investments.

In the company’s quarterly webcast, Musk touted the potential of autonomous driving and said that Optimus, Tesla’s humanoid robot, would lower labor costs and increase productivity.

“There’s a silver lining to the incredible productivity of the California ecosystem,” he said.