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.
Note: To see video about the eCPA â employee Cost & Pricing Analyzer please click the Video button to the left. The basic formula to calculate a companyâs labor burden rate for an individual employee is: Number of actual work hours Ã· the total cost of the employee = Employee labor burden cost per production hour.