Many of today’s companies recognize that their employees are the key to their success. Whether their people help drive innovation, create great customer experiences, or follow through on efficiencies, engaged and productive workers typically lead to a successful business. Right now, retaining employees is a hot topic. The Right Point System is a Reward In […]Read More >
Effective Scheduling and Tracking Will Improve Productivity
- nettime solutions staff
Time. Whether there isn’t enough time or you’re counting the hours until a specific time, there is a constant reminder of how important it is in order to stick to a schedule.
Depending on the role you play in your company, it’s imperative that you stick to your own internal schedule so your projects are completed and the department goals are achieved.
In a recent survey we conducted, 88% of the organizations that partook in it reported that they schedule their employees’ attendance based on the priority level of a project.
Tracking your projects and goals will give you a better understanding of where progress is being made, where improvement is needed and what may be worthwhile delegating and/or outsourcing.
Move beyond the clock and track your time so you’re using it effectively.
How quickly can you accurately determine which employees qualify for health care benefits?
Only 35% of the companies who were recently surveyed declared that they were able to accurately determine which employees qualify for health care benefits.
ACA compliant cloud-based time and attendance software can help regulate your internal processes automatically with out effecting work productivity.
For many, productivity is a concern within the workplace. In fact 30% of the companies who were interviewed acknowledged that they base their employees’ productivity levels on engagement alone. Where as 23% admitted to basing it on the amount of time an employee spends to complete a project.
From a management perspective you can regulate your employees’ productivity levels with an effective point system. An advanced point system will give you the ability to:
- Address attendance issues
- Reward and/or deduct points
- Enforce policies
Another productivity consideration is the use of spreadsheets within the workplace. Though valuable, spreadsheets often lack the functionality to automate accounting processes and streamline your budgeting and planning processes.
What specific functionalities are missing?
Spreadsheets often fall short in two areas: version control and privacy.
28% of companies rely on spreadsheets for budgeting and payroll.
Having a reliable solution enables your team to collaborate and provide cohesive visibility in real time.
Speaking of measuring and evaluating data on spreadsheets, how do you measure your employees’ worth?
61% of organizations measure their employees’ value by the individuals skill set alone versus experience, training and education.
Scorecards are based on a set of advanced metrics that are linked to financial results that can quantify value creation and/or destruction. Human-capital management and workforce analytics can work cohesively together to help quantify an employees’ worth.
40% of organizations rely on workforce analytics for employee engagement and 37% count on the data for employee retention.
Workforce analytics help businesses define, predict, and enhance their performance. When applied to the HR world, workforce analytics help HR staff analyze data relating to productivity levels, performance, if training is effective, and can even predict turnover.
60% of the companies, who we recently interviewed, reported that employee retention could increase if salary and benefits were a top priority for employers when evaluating an employee’s performance.
Engaged employees are committed to your company’s values and overall well-being. They’re productive, high performers and lead even if they’re not in a seniority level.
39% of organizations offer continued education as an incentive to keep employees’ engaged.