Enter the surplus value of unpaid labor ($) and the total wages paid ($) into the Calculator. The calculator will evaluate the Exploitation Rate.
Exploitation Rate Formula
EXR = SVUL / TW
Variables:
- EXR is the Exploitation Rate ($/$)
- SVUL is the surplus value of unpaid labor ($)
- TW is the total wages paid ($)
To calculate the Exploitation Rate, divide the surplus value of unpaid labor by the total value of wages paid.
How to Calculate Exploitation Rate?
The following steps outline how to calculate the Exploitation Rate.
- First, determine the surplus value of unpaid labor ($).
- Next, determine the total wages paid ($).
- Next, gather the formula from above = EXR = SVUL / TW.
- Finally, calculate the Exploitation Rate.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
surplus value of unpaid labor ($) = 758
total wages paid ($) = 1209
Frequently Asked Questions
What is the significance of calculating the Exploitation Rate?
Calculating the Exploitation Rate helps in understanding the degree to which labor is being compensated for their work. It can reveal disparities in the distribution of wealth within an organization and highlight the value of unpaid labor.
How can the Exploitation Rate affect workplace dynamics?
A high Exploitation Rate can lead to dissatisfaction among workers, potentially resulting in lower morale and productivity. Conversely, a lower rate may indicate a more equitable distribution of wealth, contributing to a positive work environment.
Can the Exploitation Rate be used in all types of organizations?
Yes, the Exploitation Rate can be applied to various types of organizations, including non-profits, corporations, and small businesses, to analyze the economic relationship between labor and compensation.
What steps can be taken if the Exploitation Rate is deemed too high?
If the Exploitation Rate is considered too high, organizations might consider reassessing their compensation strategies, improving wage structures, or investing in labor-saving technologies to reduce the reliance on unpaid labor.
