> Never believe stories like this, measuring productivity is an impossible problem
I want to start off by saying that I don't completely disagree with you, but all of us should take a step back and realize how an absurd of a position this is for us to be in a society.
This immeasurability is inversely proportional to the tangible, real value created. You can, for example, absolutely measure to the dollar the productivity of a plumber and you can easily compare two different plumbers, and see if environmental factors improve or decrease their productivity.
If you own a factory making screws you can unquestionably measure the valued added and therefor productivity of each and every employee. If you have a farm and you hire seasonal laborers to help you harvest, again you can easily measure the exact productivity of each worker, determine if a hot day makes them less productive etc.
Software engineers are a step removed from this in part because the things we make are of questionable value (especially in the extremes). Front-end contract engineers certainly seem to have measurable productivity. If someone can build you a working store front in 40 hours, you can compare this to another one how can do a worse job in 100 hours at the same rate.
But as software products grow more complex and the actual value more vague, then software engineer productivity likewise gets harder and harder to measure. And I think a real question every engineer who has worked at a large company has asked, even if they work their asses off, is "do I really create any value?"
Software engineers, again, are still closer to the side that you can measure real productivity because in at least most cases software itself is important. When you move on to other "office workers", those who are really struggling now, that value again is very hard to measure and therefore so is productivity.
The question that we need to ask more often is, if productivity is so hard to measure, maybe it is possibly because we might not be creating as much value as we have largely tricked ourselves into believing we have.