By end of the 1980s, the company was manufacturing residential, commercial and industrial generators, and in 1989, Generac introduced the first gaseous-fueled automatic home standby system. In 1992, Generac began private labeling generator sets for Caterpillar, Inc.
Elements of the Productivity Ratio. The labor productivity ratio, in its simplest form, looks like this: output/input. Simply divide the amount of output you're getting by the amount of work you're putting into it. This requires you to assign numbers to both input and output so that you get a meaningful figure.
The longer the period of time, the better average you will receive. 3. Divide the output by the input. For example, 100 units of output completed in eight hours of input equals and employee productivity of 12.5 units per hour. 4. Assign dollar values to measure your cost-benefit ratio. In the example, say the products are worth $10 each, and you pay your employee $25 per hour.