Eight ways managers can increase productivity amongst their employees
The costs associated with hiring, training and retaining an employee are often undermined if those employees are not performing to the peak of their potential.
To put it bluntly, an employee must produce more value than they cost.
Measuring productivity can often be difficult, particularly in the service industry where customer satisfaction isn’t so black and white. Low productivity can have a number of negative impacts on the workplace, including economic effects on profitability and systemic implications for worker morale.
Meanwhile, the happier and less stressed your workers are, the more productive they’re going to be for your company, making the salaries you pay them yield a higher ROI for your business.
If you, as a manager, can inspire your employees, they will have increased job satisfaction and be more productive within their roles. This in turn can enhance overall workplace culture and profitability.
Here is a look at eight ways that you can achieve an increase in employee production:
- Implement a culture of transparency and feedback - While many managers are afraid to do this, admitting when you are wrong is important to building an honest and transparent culture where everyone can feel free enough to be their best at work Entrepreneur. Doing so will establish a layer of transparency with your employees and promote a culture of learning. Create an open door policy and encourage employees to question business related decisions.
- Get to know each employee - Each individual is unique, with a different driver for what makes them come into work in day. By asking personal questions, you show employees that you take a personal interest in them, allowing for stronger connections to form. When an employee recognises that their boss truly cares about their success, they’ll have more motivation to work hard for them.
- Appreciate them and their work - In a survey of nearly 1,000 employees from large businesses, Sturt’s company found a strong connection between recognition and job satisfaction. They found that 7 out of 10 employees who received appreciation for their good work said they’re happy with their jobs Inc. Happiness equals productivity. To put this claim into perspective, one study found that happy employees are up to 20% more productive than unhappy ones Forbes.
- Empower them with the best technology - Technology has impacted every aspect our lives. In the vast majority of those instances, technology has improved some function. The same can be said for software within the business world. Tools such as social media schedulers, email marketing automation, and appointment scheduling software reduce the amount of time required to spend on each task. This allows for better time management and increased productivity.
- Give freedom and independence - Micromanaging lowers confidence, suppresses innovation and leads to resentment and insecurity. By giving your employees the freedom to work in their particular way, dress in a certain manner (within reason) and be themselves, they are likely to be happier and more productive for your company.
- Encourage Risk Taking - Encouraging risk taking will not only make employees more confident and independent, but it will yield more output within a culture of innovation. Take Google’s 20/80 policy for example, Google allows their staff to spend one day of the week on a creative project of interest to them. Projects such as this allow employees the freedom to create without the fear of failure. Promote a culture where failure isn’t seen as a negative outcome, but as a learning experience for future success.
- Hire the best people - You need to look for great people who will ask you questions, who will point out errors and who will work without you hovering over them. If you pay well, you’ll find it easier to recruit high-quality people The Balanced Careers.
- Set clear goals & responsibilities - Even the best staff will find it difficult to maintain efficiency without some sense of direction. Establish clearly defined goals and outcomes for your employees.
As a business leader, you can’t merely collect talent — you have to foster it. And that means knowing how to bring out the best in your employees (Forbes). Each individual is different, and responds differently to your methodology, learn what drives them individually and adjust your strategy accordingly.