Labor Efficiency in Industry: The Kazakhstan Case

The purpose of the study. Based on a comprehensive assessment of the use of personnel in the industry of the Republic of Kazakhstan in the context of economic activities for 2017-2023, according to official statistics, to develop a system of indicators for assessing the use of labor, as well as to substantiate and prove the possibility of its practical application in the economy. Research methodology. Formal logic methods such as analysis, synthesis, deduction, induction, abstraction, as well as empirical methods such as measurement, comparison, and comparison were used to conduct the research and write the article. They were used to form a system of indicators of labor use and evaluate its effectiveness, to obtain a generalized idea of achieving their level in the branches of Kazakh industry, to analyze, highlight and record facts, positive and negative dynamics, and prevailing trends over a five-year period. Statistical methods of economic analysis, namely statistical observation, the method of groupings, dynamic series, index and graphical methods, were used to logically substantiate the problem under study and obtain quantitative characteristics. Originality / value of the research. The article analyzes the scientific works of researchers on the diagnosis of labor indicators of business structures and it was revealed that management often acts intuitively, since a unified approach to labor use indicators has not yet been developed. The authors have streamlined the system of indicators of the use of human capital. Such an approach will make it much easier to evaluate the work of personnel and systematize the results of the assessment, respectively, to make management decisions to improve their activities. The results of the study. The authors conducted a comprehensive assessment of the use of labor indicators in the industry of the Republic of Kazakhstan and systematized the indicators, highlighting the actual indicators of the use of labor resources and indicators of their effectiveness. All the proposed indicators are relative, and the performance indicators are based strictly on the ratio of labor costs and results. Such an analysis makes it possible for business entities to comprehensively and objectively diagnose and evaluate the effectiveness of labor use based on comparison with established industry averages.