Productivity can be measured in many ways, including:
Labor productivity: The growth in value added output per unit of labor used
Multifactor productivity: The growth in value added output per unit of labor and capital input used
Total output/total input: The equation used to measure employee productivity
Total output/single input: The equation used to calculate partial factor productivity
Total output/subset of inputs: The equation used to calculate multifactor productivity
Time tracking: A simple productivity output calculation that can be useful for remote teams