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E-ISSN : 2233-5382

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Vol.4 No.1

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Identification and Prioritization of the Driving Factors of Labor Productivity in the Melli Bank: Iranian Scenario

The Journal of Industrial Distribution & Business / The Journal of Industrial Distribution & Business, (E)2233-5382
2013, v.4 no.1, pp.5-10
Mostafa Bahrami (Islamic Azad University)
Mahdi Salehi (Ferdowsi University of Mashhad)
Mohsen Akbarzadeh (Payame Noor University)
Alireza Morsali (Islamic Azad University)
Mostafa, B. , Mahdi, S. , Mohsen, A. , & Alireza, M. (2013). Identification and Prioritization of the Driving Factors of Labor Productivity in the Melli Bank: Iranian Scenario. The Journal of Industrial Distribution & Business, 4(1), 5-10.

Abstract

Purpose - Labor productivity is extremely important to the profitability and competitive advantage of organizations that provide services to customers, such as banks. This study investigates the factors driving labor productivity in Iran’s Melli Bank. Research design, data, methodology - Five managerial, psychosocial, cultural, and individual factors are identified and their relative importance for labor productivity prioritized using AHP. The required data are then collected through a questionnaire designed for a pairwise comparison of the driving factors of labor productivity and their subcategories. Results - The study outcomes reveal that the managerial and individual factors are the most important. Specifically, the most important factors in increasing labor productivity in the branches of Melli Bank are having a competent supervisor, promotion opportunities, fair working conditions, conscientiousness, the right tools, and a correspondence between skills and work. Conclusions - Implementing AHP using Expert Choice software revealed that, among the driving factors of labor productivity (i.e., managerial, psychosocial, cultural, environmental, and personal), managerial factors were considered the most important by the respondents.

keywords
Labor Productivity, Melli Bank, Analytical Hierarchy Process (AHP)

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