/ ˌprɒdʌkˈtɪvəti; NAmE ˌprɑːd-; ˌproʊd-/ noun
[ U ] the rate at which a worker, a company or a country produces goods, and the amount produced, compared with how much time, work and money is needed to produce them :
high / improved / increased productivity
Wage rates depend on levels of productivity.