Meaning of “productivity” in the English Dictionary

"productivity" in British English

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productivitynoun [ U ]

uk /ˌprɒd.ʌkˈtɪv.ə.ti/ us /ˌproʊ.dəkˈtɪv.ə.t̬i/

C1 the rate at which a company or country makes goods, usually judged in connection with the number of people and the amount of materials necessary to produce the goods:

Studies show that if a working environment is pleasant, productivity increases.
a productivity bonus/incentive
Productivity in the steel industry improved by five percent last year.

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(Definition of “productivity” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"productivity" in American English

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productivitynoun [ U ]

us /ˌproʊ·dʌkˈtɪv·ɪ·t̬i, ˌprɑd·ək-/

the rate at which a person, company, or country does useful work:

(Definition of “productivity” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"productivity" in Business English

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productivitynoun [ U ]

uk /ˌprɒdʌkˈtɪvəti/ us ECONOMICS, PRODUCTION

the rate at which a country, company, etc. produces goods or services, usually judged in relation to the number of people and the time necessary to produce them:

The productivity agreement gives staff an extra 10% pay if the team reaches its sales targets.
productivity increases/improves/goes up Studies show that if a working environment is pleasant, productivity increases.
increase/improve/boost productivity
an increase/decrease/fall in productivity
productivity gains/growth/improvement Many economists doubt that productivity growth can be credited to information technology.

the ability to do as much work as possible in a particular period:

Think about which times of day your productivity is highest, and do the most difficult tasks then.
The new phone has some useful apps for organizing information – it's a great productivity tool.

(Definition of “productivity” from the Cambridge Business English Dictionary © Cambridge University Press)