The Three Pillars For Employee Productivity
Back in the day, it might have seemed absurd to think that employees could work anywhere else but their typical corporate office. However, remote work has been steadily growing over the years. A study conducted by Gartner Inc. revealed that more than half of employees would likely be working remotely by the end of 2021. As the pandemic and remote work enter their third year, employers and employees still have a hard time adjusting to these changes. Thus, there's no doubt that with all the changes to how we work, employee productivity might suffer as a consequence. Moreover, unproductive employees will also get your business into trouble.
Today, most businesses realize that motivated and productive employees are the key to success. This is why maximizing employee productivity has become a corporate priority.
This article will help you discover how you can enhance your employee productivity, the three pillars influencing it, and the outcome of having a productive workforce. But before we deep dive into all those, let’s start this blog by defining what employee productivity really means.
Employee productivity is the amount of work they are capable of doing in a given period of time. An employee's productivity is a crucial indicator of how well he/she perform in an organization. It is true that success isn't the end of the road, but high productivity is a strong indicator of a healthy workplace. It is inevitable that different employees will have different levels of productivity. The employee who spends a lot of time on one outstanding piece of work is just as valuable as the person who can produce large amounts in a short period.
Employee productivity will directly result in:
- Elevate employee satisfaction and retention
- Enhance customer service.
- Create a positive workplace atmosphere.
- Boost business profitability
In this article, we've outlined three pillars of employee productivity that companies should focus on. There is one common theme among them all: employee experience. The employee experience is a summation of what employees' experience and observe throughout their tenure with an organization.
The customer experience is something that every company invests in. With organizations increasingly recognizing employees as their most significant asset, most companies have started investing in the employee experience. If you want your workforce to be truly productive, you must examine what shapes their experience at your organization.
The other key pillars affecting employee productivity are:
Pillar 1: Employee Engagement
The Workplace Research Foundation (WRF) reports that increasing employee engagement investments by 10% can result in a $2,400 per employee increase in annual profitability. According to Gallup, businesses lose between $450 and $550 billion due to unengaged and unproductive employees. Thus, employee engagement is crucial factor for every organization.
An employee's engagement is measured by their commitment to the organization and how much extra effort they devote to it. When employees are treated appropriately, they are often more confident and care about their work progress. If employees form a strong bond with your company, they will become more aware of its goals and purpose, which will improve workflow.
In short, employee engagement means giving them the freedom to try new ideas, praising their hard work, providing feedback to help them improve, and providing right tools and training they need to succeed.
Pillar 2: Employee Training and Development
Training is another critical factor that contributes to employee productivity.
When your employees aren't adequately trained, they'll spend more time figuring out how to perform a task than actually completing it. It can often leave employees frustrated. Today's employees don't want to spend hours in a classroom with an instructor.
As an employer, you should identify whether anything can be done to help them to ease their work. Training and development programs with Microlearning is an excellent start. Learning in bit-sized multimedia content will make your employees to remember the things they learned. The content of microlearning can be accessed from any smart device, such as a mobile phone, laptop, tablet, etc., irrespective of the user's location. Employees who receive training via microlearning are more likely to stay confident, succeed more, and realize a higher return on investment.
In addition, it is essential to note that many employees also value advancing their careers within an organization, so training that emphasizes advancement can significantly increase employee engagement and productivity. While training focuses on immediate steps such as mastering a new feature of your business software, development focuses on long-term results. The quality of the employee's performance depends on the training he or she receives from the organization.
Pillar 3: Workplace culture
Engagement doesn't happen overnight - the company must pay attention to employee needs over time and promote a strong culture. Indeed, a toxic workplace culture can easily discourage the most devoted employees and restrict your organization's goals. On the other hand, a positive, inclusive culture can attract, retain, and empower talent, helping your company achieve its mission and goals.
In reality, creating workplace culture isn't as simple as picking up on your employees' values. This means putting forth a concerted effort to implement them, such as adopting charitable causes, changing hiring practices, or incorporating new marketing tactics. An organization's culture should align with its core values to feel motivated and loyal. You'll find that your employees will be more motivated to bring their best selves to every task they perform if they see the values, they support represented in their workplace daily.
Conclusion: Modernize employee productivity with right tools
Now you know what factors affect employee performance, so the mantra is simple: focus on these pillars and eventually increase employee productivity. At Rezolve.ai, we believe the future is all about technology, collaboration and transparency. This holds especially true when it comes to encouraging employee productivity and providing them with the support, they need to succeed wherever they may be.
It's always been true that technology enhances productivity, but that is even more true in the current remote work environment. You will find your employees don't have the time to handle more complex jobs if you do not provide them with the right technology. Your organization may be suffering from a drop in productivity if you do not reevaluate the technological needs of your workforce and implement solutions that work for employees.