How To Improve Employee Productivity
In order for businesses to succeed, management must keep a close eye on the
bottom line. One of the many factors that directly affect a firm's
profitability is employee productivity, so it makes sense to try to increase
output whenever possible. Here are some ideas to help get your workforce
motivated to consistently perform at high levels.
- Implement a piecework compensation plan. One of the
best ways to improve employee productivity is to create a direct link
between output and pay by implementing a piecework compensation plan. In a
piecework compensation plan, there are no hourly wages. Instead, employees
get paid according to how many parts they assemble, how many sales they
make, how many hours they bill, etc. This won't work for every industry,
but if your employees' productivity can be easily quantified, then you
might want to consider switching over to this kind of plan.
- Promote from within. When you show employees that
you are committed to promoting from within, you'll be giving them even
more incentive to increase their productivity and improve their overall
performance. Nobody likes to believe that they are stuck in a dead-end job
or that their efforts will go unnoticed. If your employees can see that
their hard work might pay off in the form of a promotion, they'll be more
inclined to give it their all day in and day out.
- Ensure that your employees have good equipment. In
many instances, employee productivity is limited by the equipment they are
forced to use. If your plant is filled with 20-year-old machinery that
constantly needs attention from the maintenance crew, or if your office
contains slow, outdated computers, then you're not giving your employees a
fair opportunity to be productive.
- Consider profit-sharing. In order to get employees
to care about the direction your company is taking, it might be necessary
to give them a personal stake in the outcome. This can be accomplished by
introducing a profit-sharing plan in which employees receive a set percentage
of any profits realized by the firm. The better the company does, the more
money employees receive above and beyond their base salaries.
- Hand out achievement awards. In addition to
financial incentives, many employees are motivated by the need for social
recognition. That's why giving achievement awards to outstanding employees
are an excellent way to improve productivity. Achievement awards typically
take the form of plaques, jackets, certificates, prizes, or even special
parking spaces, and are handed out to employees who meet certain
- Provide adequate breaks. As counterintuitive as it
may sound, providing employees with adequate breaks is essential for
improving overall productivity. Break time not only gives employees
something to look forward to, but also gives them a chance to recharge
their batteries before diving back into work. More often than not, they'll
come back refreshed and ready to focus for another couple of hours until
the next break.
This article is written by HowToDoThings'Contributing Expert.
The article source is How To Improve Employee Productivity: Appreciation and Incentives.