The Meaning of Hourly Efficiency
"Hourly efficiency" calculates how much value an amoeba creates per labor hour expended.
"Hourly efficiency" = Added value per hour
*Deductions do not include labor costs.
Three ways to raise hourly efficiency
All amoeba members submit creative and original ideas to:
- (1) Increase revenue (net production)
- (2) Reduce total deductions (includes all costs except labor)
- (3) Reduce total working hours