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Are you giving thought to starting your own business or maybe expanding the one that you already run? Wait, but what happened?
What is holding you back? Is it the thought of whether your firm would do good or not, which means whether the employees working for your firm would be productive enough or not?
So, you are pondering upon some strategy to monitor employee productivity!
Therefore, let’s delve into all the possible and best methods of measuring productivity at your workplace.
Are You Aware of the Methods of Measuring Productivity?
Here are some methods of measuring employee productivity:
Quantitative Method
So, numbers always give clarity- clarity of decision-making. Looking at the number of tasks completed by an employee through productivity tracking software, you can simply measure employee productivity.
But, here is an important point, generally employers miss out on giving importance to qualitative aspects. These aspects can be work quality, work difficulty & employee workloads. Therefore, to do the holistic measurement of productivity, you need to ensure that work volume & work quality are both considered.
Adopt Objective-based Methods
This method requires you to share SMART goals with your employees. Okay, so let’s learn how you do that, S stands for being Specific about your goals, M stands for being Measurable, A stands for being Attainable, R stands for being Relevant & T stands for being Time-bound.
Simply ensure that the goals & targets set by you for the employees possess these SMART parameters.
This method gives an edge to the employees, to deliver additional productivity at work than before.
Employ Task-based Methods
This method of measuring employee productivity says that an individual employee’s task should be broken into parts, & hence the time taken, resource consumption, and areas of improvement should be noted & analyzed. Such methods bring a good understanding of your team’s workflow.
4 Actionable Methods of Measuring Productivity
Here I am stating seven actionable methods of calculating employee productivity:
- Productivity Formula – Productivity = Delivered output / Input resources. This formula states that employees’ efficiency can be calculated by comparing the output (projects, revenue) to the input resources.
Let’s take a simple example for its understanding: In a content writing agency, if a writer daily delivers 2*2000 word articles in a week, then for his 50-hour work week, the productivity can be calculated as
Productivity = 4000 words/ 50 = 80 words/hour
- Track The Number of Tasks Completed – Needless to say, how easier it must be to analyze productivity by monitoring the number of tasks, completed by an employee. Such progress can be tracked weekly, monthly, or yearly, and can be measured through employee time tracking software.
- Monitor Daily Attendance – An employee’s consistent attendance at work explicitly shows his dedication & likely productivity. Whereas, absenteeism of an employee is like a cost paid, in the form of extra workflow transferred to other employees.
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Moreover, merely physical presence doesn’t matter. Employee’s presence with a baggage of emotional or physical ailments also impacts the scale of productivity.
Of course, you would want to rule out such causes of less productivity. And if such causes persist, implementing a solution for the same must be your priority.
Well, DeskTrack has got you covered. DeskTrack’s Automated Attendance feature keeps a record of your employees’ login/logout time, their working duration on their system, configuring their holidays, etc.
- Monitor Time Spent on Tasks – When it comes to channeling and streamlining employees’ working patterns and habits, it’s a great idea indeed to track time spent on tasks. This also leads to optimizing work and resolving impediments related to accomplishing routine tasks.
Guess what? DeskTrack employee monitoring software has got you covered here too. DeskTrack’s 100% visibility on the activity log of employees keeps a check on visited websites, apps, files, and time spent on them.
Wrapping Up!
It’s always great to stay on top of your competition. Therefore, first, ensure that you are sorted on ways to measure employee productivity or not. Should you feel that you still need some customization as per your organization’s need, then DeskTrack is all prepared to equip you with methods and measures, with the help of its functionality, i.e. employee monitoring, time-tracking, project time tracking, and more.
Frequently Asked Questions
Here are some FAQ’s on Employee Productivity:
1. What Parameters can Enhance Employee Productivity?
Some of the prominent ways to enhance employee productivity are:
- Money & relevant resources – Financially satiated employees carry the potential to outperform at work.
- Experience – Experience brings expertise. The more an employee is experienced at work, he is to be more productive.
- Learning & regular training – Acquiring new skills leads to more confidence, which is directly proportional to an employee delivering productivity at work.
- Introducing the latest technology – No doubt that technology makes work easier & gets it done quicker.
2. What Factors can Underestimate Employee Productivity?
Factors like poor management, overwork, poor communication & lack of recognition can lead to downgraded employee productivity at work. Poor management barely brings any channelized system for work and lacks proper employee productivity monitoring. Excessive work can lead to regular burnout and fatigue, which in turn leads to decreased productivity. Poor communication leads to redundant error at work whereas lack of recognition leads to no motivation to justify an employee’s presence.
3. What are Prominent KPIs for Measuring Employee Productivity?
Some of the prominent KPIs for analyzing employee productivity are as follows:
- Customer Satisfaction
- Downtime
- Overtime hours
- Projects completed
- Absenteeism rate
4. What is The Most Suitable Employee Monitoring & Productivity Tool?
When we speak of suitability, it includes certain parameters like reasonable cost, productivity measuring parameters, easy-to-use, etc. Therefore, to complement it all, my best recommendation is DeskTrack which has all the potential to surpass suitability parameters.
