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City of Monash

Worker productivity

In the City of Monash, Financial and Insurance Services had the highest productivity by industry, generating $303,256 per worker in 2015/16.

Worker productivity by industry is calculated by dividing the industry value add by the number of persons employed in that industry. It shows which industries generate the most value add per employee. Some industry sectors, such as retail trade, are not highly productive per worker, but they employ a lot of people. Other industries, such as mining, employ fewer people but generate high levels of productivity. Each plays an important role in the economy.

Worker productivity data should be viewed in conjunction with Employment by industry (Total) and Employment by industry (FTE), to see the relative size of employment in each industry, and with Local workers income to see how many local workers are actually each in each industry, and with Sources of income data to see whether employment is the main way income is derived.

Detailed notes about how the figures are derived can be found in the specific topic notes section.

National Economics (NIEIR) - Modelled series

Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
Productivity per worker (annual) by industry
City of Monash - Constant prices2015/162010/11Change
Industry
(Click rows to view sub-categories)
$Victoria $$Victoria $2010/11 to 2015/16
Agriculture, Forestry and Fishing166,634137,159156,337140,387+10,297
Mining229,372780,790265,930794,838-36,558
Manufacturing92,80188,82389,06992,216+3,731
Electricity, Gas, Water and Waste Services168,049230,512168,854248,292-805
Construction69,91697,69153,23783,595+16,679
Wholesale Trade134,633123,263121,153111,310+13,480
Retail Trade64,04257,09058,99254,806+5,050
Accommodation and Food Services45,06645,69651,02752,230-5,961
Transport, Postal and Warehousing108,468119,119109,837116,096-1,369
Information Media and Telecommunications243,266207,761202,973182,318+40,292
Financial and Insurance Services303,256303,795278,368281,471+24,888
Rental, Hiring and Real Estate Services283,926261,125209,881200,354+74,046
Professional, Scientific and Technical Services119,226116,958109,983110,853+9,243
Administrative and Support Services96,58192,525108,824107,759-12,243
Public Administration and Safety111,16994,103102,53087,051+8,639
Education and Training101,41181,99899,54981,080+1,863
Health Care and Social Assistance76,62174,88469,43068,108+7,191
Arts and Recreation Services64,54466,53057,88662,759+6,657
Other Services59,57757,67059,51058,698+67

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data is based on 2015-16 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

Productivity per worker (annual) by industry 2015/16
Productivity per worker (annual) by industry 2015/16 Agriculture, Forestry and Fishing, Victoria: $137,159 Mining, Victoria: $780,790 Manufacturing, Victoria: $88,823 Electricity, Gas, Water and Waste Services, Victoria: $230,512 Construction, Victoria: $97,691 Wholesale Trade, Victoria: $123,263 Retail Trade, Victoria: $57,090 Accommodation and Food Services, Victoria: $45,696 Transport, Postal and Warehousing, Victoria: $119,119 Information Media and Telecommunications, Victoria: $207,761 Financial and Insurance Services, Victoria: $303,795 Rental, Hiring and Real Estate Services, Victoria: $261,125 Professional, Scientific and Technical Services, Victoria: $116,958 Administrative and Support Services, Victoria: $92,525 Public Administration and Safety, Victoria: $94,103 Education and Training, Victoria: $81,998 Health Care and Social Assistance, Victoria: $74,884 Arts and Recreation Services, Victoria: $66,530 Other Services, Victoria: $57,670 Agriculture, Forestry and Fishing, City of Monash: $166,634 Mining, City of Monash: $229,372 Manufacturing, City of Monash: $92,801 Electricity, Gas, Water and Waste Services, City of Monash: $168,049 Construction, City of Monash: $69,916 Wholesale Trade, City of Monash: $134,633 Retail Trade, City of Monash: $64,042 Accommodation and Food Services, City of Monash: $45,066 Transport, Postal and Warehousing, City of Monash: $108,468 Information Media and Telecommunications, City of Monash: $243,266 Financial and Insurance Services, City of Monash: $303,256 Rental, Hiring and Real Estate Services, City of Monash: $283,926 Professional, Scientific and Technical Services, City of Monash: $119,226 Administrative and Support Services, City of Monash: $96,581 Public Administration and Safety, City of Monash: $111,169 Education and Training, City of Monash: $101,411 Health Care and Social Assistance, City of Monash: $76,621 Arts and Recreation Services, City of Monash: $64,544 Other Services, City of Monash: $59,577
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Change in productivity per worker (annual) by industry, 2010/11 to 2015/16
Change in productivity per worker (annual) by industry, 2010/11 to 2015/16 Agriculture, Forestry and Fishing, City of Monash: +$10,297 Mining, City of Monash: -$36,558 Manufacturing, City of Monash: +$3,731 Electricity, Gas, Water and Waste Services, City of Monash: -$805 Construction, City of Monash: +$16,679 Wholesale Trade, City of Monash: +$13,480 Retail Trade, City of Monash: +$5,050 Accommodation and Food Services, City of Monash: -$5,961 Transport, Postal and Warehousing, City of Monash: -$1,369 Information Media and Telecommunications, City of Monash: +$40,292 Financial and Insurance Services, City of Monash: +$24,888 Rental, Hiring and Real Estate Services, City of Monash: +$74,046 Professional, Scientific and Technical Services, City of Monash: +$9,243 Administrative and Support Services, City of Monash: -$12,243 Public Administration and Safety, City of Monash: +$8,639 Education and Training, City of Monash: +$1,863 Health Care and Social Assistance, City of Monash: +$7,191 Arts and Recreation Services, City of Monash: +$6,657 Other Services, City of Monash: +$67
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the worker productivity by industry sectors in City of Monash in 2015/16 shows the three highest industries were:

  • Financial and Insurance Services ($303,256)
  • Rental, Hiring and Real Estate Services ($283,926)
  • Information Media and Telecommunications ($243,266)

In comparison, the same 3 industries in Victoria were for $303,795 in Financial and Insurance Services; $261,125 in Rental, Hiring and Real Estate Services; and $207,761 in Information Media and Telecommunications.

The major differences between worker productivity by industries in the City of Monash and Victoria were:

  • Higher worker productivity in Information Media and Telecommunications ($243,266 compared to $207,761)
  • Higher worker productivity in Agriculture, Forestry and Fishing ($166,634 compared to $137,159)
  • Lower worker productivity in Mining ($229,372 compared to $780,790)
  • Lower worker productivity in Electricity, Gas, Water and Waste Services ($168,049 compared to $230,512)

Emerging groups

The total worker productivity by industry in the City of Monash increased by $8,579 between 2010/11 and 2015/16.

The largest changes in worker productivity by industries between 2010/11 and 2015/16 in the City of Monash were for:

  • Rental, Hiring and Real Estate Services (+$74,046)
  • Information Media and Telecommunications (+$40,292)
  • Mining (-$36,558)
  • Financial and Insurance Services (+$24,888)

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