During the session "Increase in labour productivity is a national priority" on the first day of the Moscow Financial Forum, the ways of achievement the successful labour productivity were discussed.

Some participants in the discussion noted that the causes of inefficiency are from outside, and the problem itself is systemic. According to them companies face such problems as, for example, access to / qualification of staff and low availability of financing.

Director of the Federal Center of Competencies in Labor Productivity Nikolay Solomon said that he opposes the infusion of finance until the company has exhausted all resources.

"All you need to know for [effective] labour productivity is to reduce the time of processes," he stressed.

In turn, Dmitry Lomovtsev, Minister of Industry and Fuel and Energy Complex of the Tula region - Director of the Industrial Policy Department, spoke about the regional program to increase labour productivity.

"Altogether, 13 enterprises participate in the regional program. Two enterprises participate as mentors," he said.

In Lomovtsev's opinion, individual approach to the participation in the regional program to increase labour productivity positively played a role in attracting companies, especially contacts with business owners.

Labour productivity and employment support has become one of the national projects included in the Executive Order On National Goals and Strategic Objectives of the Russian Federation through to 2024 signed by the President in May 2018. According to the document, labour productivity in medium-sized and large enterprises of basic non-primary branches of the economy should begin to increase at a rate of not less than 5% per year. It is assumed that this measure will significantly accelerate the economic growth.

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