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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 $286,139 per worker in 2016/17.

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

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Productivity per worker (annual) by industry
City of Monash - Constant prices2016/172011/12Change
Industry
(Click rows to view sub-categories)
$Victoria $$Victoria $2011/12 to 2016/17
Agriculture, Forestry and Fishing200,084147,224150,717128,340+49,367
Mining52,133168,568257,848250,540-205,715
Manufacturing104,25199,462101,262101,104+2,990
Electricity, Gas, Water and Waste Services217,395271,144185,335271,448+32,060
Construction74,951107,30758,62995,332+16,323
Wholesale Trade183,642175,827133,236123,863+50,406
Retail Trade67,73861,78761,48756,214+6,251
Accommodation and Food Services41,38041,88640,39742,345+983
Transport, Postal and Warehousing121,784128,860111,083114,519+10,701
Information Media and Telecommunications206,136189,428179,974154,082+26,162
Financial and Insurance Services286,139318,938287,071294,588-932
Rental, Hiring and Real Estate Services225,896230,823221,315204,674+4,581
Professional, Scientific and Technical Services118,873117,791110,308110,443+8,566
Administrative and Support Services132,118124,281124,576122,210+7,542
Public Administration and Safety128,574113,656126,477108,969+2,097
Education and Training95,56174,791104,88184,193-9,319
Health Care and Social Assistance76,95975,19373,19072,107+3,768
Arts and Recreation Services67,04666,18777,04276,055-9,996
Other Services56,97856,38867,65566,125-10,677

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

Data are based on a 2015-16 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more

Productivity per worker (annual) by industry 2016/17
Productivity per worker (annual) by industry 2016/17 Agriculture, Forestry and Fishing, Victoria: $147,224 Mining, Victoria: $168,568 Manufacturing, Victoria: $99,462 Electricity, Gas, Water and Waste Services, Victoria: $271,144 Construction, Victoria: $107,307 Wholesale Trade, Victoria: $175,827 Retail Trade, Victoria: $61,787 Accommodation and Food Services, Victoria: $41,886 Transport, Postal and Warehousing, Victoria: $128,860 Information Media and Telecommunications, Victoria: $189,428 Financial and Insurance Services, Victoria: $318,938 Rental, Hiring and Real Estate Services, Victoria: $230,823 Professional, Scientific and Technical Services, Victoria: $117,791 Administrative and Support Services, Victoria: $124,281 Public Administration and Safety, Victoria: $113,656 Education and Training, Victoria: $74,791 Health Care and Social Assistance, Victoria: $75,193 Arts and Recreation Services, Victoria: $66,187 Other Services, Victoria: $56,388 Agriculture, Forestry and Fishing, City of Monash: $200,084 Mining, City of Monash: $52,133 Manufacturing, City of Monash: $104,251 Electricity, Gas, Water and Waste Services, City of Monash: $217,395 Construction, City of Monash: $74,951 Wholesale Trade, City of Monash: $183,642 Retail Trade, City of Monash: $67,738 Accommodation and Food Services, City of Monash: $41,380 Transport, Postal and Warehousing, City of Monash: $121,784 Information Media and Telecommunications, City of Monash: $206,136 Financial and Insurance Services, City of Monash: $286,139 Rental, Hiring and Real Estate Services, City of Monash: $225,896 Professional, Scientific and Technical Services, City of Monash: $118,873 Administrative and Support Services, City of Monash: $132,118 Public Administration and Safety, City of Monash: $128,574 Education and Training, City of Monash: $95,561 Health Care and Social Assistance, City of Monash: $76,959 Arts and Recreation Services, City of Monash: $67,046 Other Services, City of Monash: $56,978
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, 2011/12 to 2016/17
Change in productivity per worker (annual) by industry, 2011/12 to 2016/17 Agriculture, Forestry and Fishing, City of Monash: +$49,367 Mining, City of Monash: -$205,715 Manufacturing, City of Monash: +$2,990 Electricity, Gas, Water and Waste Services, City of Monash: +$32,060 Construction, City of Monash: +$16,323 Wholesale Trade, City of Monash: +$50,406 Retail Trade, City of Monash: +$6,251 Accommodation and Food Services, City of Monash: +$983 Transport, Postal and Warehousing, City of Monash: +$10,701 Information Media and Telecommunications, City of Monash: +$26,162 Financial and Insurance Services, City of Monash: -$932 Rental, Hiring and Real Estate Services, City of Monash: +$4,581 Professional, Scientific and Technical Services, City of Monash: +$8,566 Administrative and Support Services, City of Monash: +$7,542 Public Administration and Safety, City of Monash: +$2,097 Education and Training, City of Monash: -$9,319 Health Care and Social Assistance, City of Monash: +$3,768 Arts and Recreation Services, City of Monash: -$9,996 Other Services, City of Monash: -$10,677
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 2016/17 shows the three highest industries were:

  • Financial and Insurance Services ($286,139)
  • Rental, Hiring and Real Estate Services ($225,896)
  • Electricity, Gas, Water and Waste Services ($217,395)

In comparison, the same 3 industries in Victoria were for $318,938 in Financial and Insurance Services; $230,823 in Rental, Hiring and Real Estate Services; and $271,144 in Electricity, Gas, Water and Waste Services.

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

  • Higher worker productivity in Agriculture, Forestry and Fishing ($200,084 compared to $147,224)
  • Lower worker productivity in Mining ($52,133 compared to $168,568)
  • Lower worker productivity in Electricity, Gas, Water and Waste Services ($217,395 compared to $271,144)
  • Lower worker productivity in Financial and Insurance Services ($286,139 compared to $318,938)

Emerging groups

The total worker productivity by industry in the City of Monash increased by $6,101 between 2011/12 and 2016/17.

The largest changes in worker productivity by industries between 2011/12 and 2016/17 in the City of Monash were for:

  • Mining (-$205,715)
  • Wholesale Trade (+$50,406)
  • Agriculture, Forestry and Fishing (+$49,367)
  • Electricity, Gas, Water and Waste Services (+$32,060)

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