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The productivity of employees directly correlates to a company’s success and productivity. You must ensure that your employees are productive and achieve their goals if you want to reach your goals and achieve higher targets.
Management must monitor employee productivity and strive to improve it. It is essential that employees are satisfied and provided with a work environment that encourages productivity.
An essential factor in employee productivity in a company is employee engagement. Employees who are motivated by their work and enjoy coming to work each morning are more likely to be productive and will work harder to improve their productivity. Disgruntled or unhappy employees can be more productive and slack at work.
An organization must keep track of employee productivity to determine ways to improve it over time. There is no one way to determine how productive employees are within an organization. However, this is an approach that can be used to get an idea of employee productivity.
Comparing an employee’s performance to the company’s cost is one of the most common methods for measuring employee productivity. This is where the goal is to determine the employee’s contribution relative to the company’s spending.
To quantify employee productivity, it is important to establish a performance standard that you will use to measure your employees’ productivity. Next, calculate how many hours and minutes your employees spend working for your company. If your employees work eight hours a day for five days, that’s 40 hours, or 2400 minutes, each week, this would be an example.
Once you have calculated the time your employees spend at work, subtract the minutes or hours that they don’t use, increasing their productivity. This includes breaks for lunch, meetings, breaks from work, and any other time not included in the working hours.
If your employee spends 30 mins on lunch break, 30 on short breaks, and 1 hour in meetings each day, then you can subtract 500 hours from the total time the employee works weekly. This would mean that your employee is productive for 1,900 hours per week.
The net hours worked divided by the work time per week can be used to calculate your employee’s productivity. The productivity of your employee would then be 79%.
We’ve already discussed the importance of quantifying employee productivity. Here are some tips to help your employees be more productive at work.
Best 10 Ways to Boost Employee Productivity and Skyrocket Performance
1. Provide seamless employee support
Employer support is crucial for employee productivity. Employees are likely to have issues working. Make sure you resolve them as quickly and efficiently as possible. You can increase productivity by implementing a modern service desk in your company if you want to improve employee productivity.
Modern employee service desks provide a single point of contact for all your employees’ problems. It is powered by AI and can understand the context of your employees’ issues to provide tailored solutions.
The AI-driven alternative to traditional service desks, which confuse employees with manual ticketing systems, makes the ticketing system invisible and allows your employees to self-resolve their problems.
Employees will be more productive if they can find quick, personalized solutions to their problems. Integrated employee support increases employees’ sense of value and engagement.
2. Onboarding employees effectively
For both the new employee and the company, the first few weeks are crucial. This is the time when your employee starts to understand your company and how they will be working with you. To increase productivity, it is important to effectively onboard employees.
Plan the onboarding process well and break it down into phases. Make sure that new employees feel at ease in their new workplace. Only employees who feel comfortable with their new colleagues will be able to give their best.
The best way to ensure your employees are happy during employee onboarding is to give them a warm welcome. Send them a warm, personal, and email welcome.
Send them a personal email with their login credentials to the platforms they will be working on, information about their leaders and colleagues, and company policies. Let them know what the company expects of them.
Assist new employees with all the gadgets and other resources they need from the first day. Install their desktops and laptops. Optimize them for easy operation. During their first few weeks and days in the company, provide training for the new employees.
3. Delegating authority and responsibilities
It is not uncommon for entrepreneurs and managers to desire to do all the work, especially in startups and small businesses. Delegating authority and responsibilities is one way to improve employee productivity.
You should assess the abilities of your employees before allowing them to take on the responsibility of managing a group.
Split the work so that only those employees can lead teams and do the tasks they excel at. This will allow core management to focus on the most important tasks and help them manage business processes throughout the company.
4. Be familiar with the skills of your employees
Your employees’ skills should always be matched with the tasks they are given. If employees are doing tasks they enjoy and are skilled at, they will perform better.
As with letting one employee do a variety of tasks, it is not advisable to make employees work outside their comfort zone or skills set. This will result in a decrease in productivity.
5. Effective communication is the key to success
Communication is the root of all evil. You must have sufficient provisions to allow your managers to communicate with your employees, and for employees to communicate with one another. Establish communication channels that are both personal and via email, phone, or video.
Effective communication is essential to get the best from your employees, especially if they work remotely.
6. Set clear goals
If your employees don’t know the goals and objectives, they won’t work in the right direction or provide the results you want. Your employees should be made aware of the goals that you want to reach. This will motivate them to do better work and increase their work quality.
7. Give appropriate incentives
The right incentives will motivate employees to work harder and increase productivity. It is important to remember that not all incentives need to be monetary.
These are some of the most effective incentives you can give to your employees:
- Paid time
- Handwritten thank-you note
- Flexible working hours (on certain days)
- Access to a workplace wellness program
- Devoted trophies
Offer your remote workers wages in cryptocurrencies.
Cryptocurrencies are a viable alternative to fiat money and it comes with its own set of features you can use to your advantage. Although it may seem strange to you, many remote workers may be delighted with this offer, and it will come as a revelation to you!
The fact is that transferring from cryptocurrency to fiat of the country in which your remote employee lives is often cheaper than through a bank transfer.
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To attract professionals from such countries, try Quasa Connect and offer payment with Quasacoin (QUA) cryptocurrency.
QUA was specifically created for settlements between freelancers, remote workers and customers around the world. Less overhead, transparency and a dramatic increase in accessibility Access to direct communication between customers and remote workers around the world, not just in first world countries.
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This is not speculation, but about convenience and benefit.
Yes, some people are now capitalizing on this imbalance, but with Quasa Connect you are breaking down barriers.
Want to the future, welcome to QUASA.
The Quasa Connect secure online system allows online payments in Quasacoin (QUA) cryptocurrency, and business owners can quickly create and send payments for work performed to remote employees.
QUASA offers a service with a simple interface for end users and allows you to place orders on the most favorable terms in just a couple of clicks.
The new crypto-settlement tools in QUASA democratize access to services traditionally tied to fiat money and banks, and open up opportunities for hundreds of millions of people. You are not tied to the currency of any country, and you can easily hire any specialist from anywhere in the world and calmly pay for his work.
There is no need for conversion and complexities with banking operations. No need to know the laws of different countries.
The application is available for all versions of Android.
Before work, install a popular and reliable crypto wallet on your mobile. For example, Metamask or Trust Wallet. Remember to write down the seed phrase in a safe place.
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- perform any work;
- order any work;
- agree on the cost of work;
- use the chat in the application;
- receive payment in QUA cryptocurrency;
- withdraw your QUA cryptocurrency to a crypto wallet.
The Quasacoin (QUA) token is listed on many exchanges. Listing and ratings from leading rating agencies CoinMarketCap and CoinGecko.
Quasacoin (QUA) is a cryptocurrency that was specifically created for settlements between freelancers and clients, so you can always exchange it for any other. Once you’ve acquired enough cryptocurrencies, you can then go to an exchange platform to trade in your crypto for fiat.
On decentralized exchanges like Uniswap, SushiSwap or Balancer, exchange QUA for Bitcoin, USDT or any other cryptocurrency. You don’t even need to register on these exchanges, everything is anonymous. You also connect your Metamask or Trust wallet and change QUA. Very safe and secure.
8. Don’t overwork your employees
Overworked employees can cause productivity to suffer, regardless of how much time they devote to work. Encourage your employees to only work during their designated work hours and not give them additional tasks.
9. Make sure your employees are well trained
Offering your employees extensive training is one of the best ways to increase their productivity. To help employees improve their skills and nurture existing ones, arrange dedicated training sessions, webinars, and workshops (online/offline).
10. Give honest feedback
When giving feedback, be transparent with your employees. Recognizing their accomplishments will encourage them to work harder and will also help them improve.
These are the best tips for increasing employee productivity in your company. How can you increase productivity among your employees?
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