1. Promote Learning Opportunities
According to the findings of a study conducted by the National Center for Education Statistics, providing opportunities for receiving more education is perhaps the best strategy for boosting employee productivity.
The study showed that there’s a direct correlation between employers offering access to continuing education and a boost in employee productivity. This may include companies offering internal cross-training and employee development. Conversely, companies may offer their employees tuition assistance for furthering their education by taking advantage of the increased opportunities in online learning.
For instance, an employee of a company who has a bachelor’s degree could pursue a master’s degree online, such as the popular Master of Business Administration regularly offered by universities throughout the world.
The MBA curriculum provides a real-world education and skills to help graduates impact the corporate strategy of organizations in an expert or leadership role. MBA programs even feature leadership development being one of the concentrations that employees can choose from to enhance their degree and inspire them to take ownership in increasing the productivity of their company.
2. Provide Technology to Employees
Employees that lack the proper tools for the job are found to be decreasingly productive and increasingly frustrated. A Gallup poll showed that less than 50 percent of employees in the United States believe that their company equips them with the technology necessary for performing their role effectively.
The challenge of companies being able to afford advanced equipment and technologies is becoming less of an issue due to the rise of mobile devices and Cloud computing that eliminates capital costs and provides ready access to data and information. Providing employees with the necessary tool is one of the best first steps towards boosting employee productivity.
3. Emphasize Company Culture
A company’s culture is made up of several key elements, which include company vision, goals, ethics, and work environment. Studies have consistently shown that employee productivity is higher in work environments where relationship building is emphasized and teamwork rewarded.
In contrast, companies that focus on individual success and hierarchies derail productivity. Achieving this starts when companies adjust hiring practices, making sure that new hires work well with others to motivate and energize the current employees.
4. Strengthen Communication Protocols
Businesses lacking open communication between employees and managers are inviting workplace productivity issues. Managers need to be accessible to employees and effectively communicate responsibilities and expectations.
This approach to business management helps boost employee productivity since employees feel connected directly to the mission and goals of the organization. Implementing effective communication protocols can ultimately foster efficiency while increasing job satisfaction.
5. Identifying and Aligning Goals with Performance
Employees can only increase their productivity if they are in a position where they can aim for achievable goals. Setting goals helps employees self-motivated and become more confident in their ability to succeed.
Once goals have been identified, employees can be then compelled to follow an established system of performance analysis and take ownership in it. Setting meaningful goals for both employees and the business can help boost productivity and drive better performance. Using Tracktime24 helps to keep employees on track with their goals and gives a complete overview of tasks and their progress for managers.
It can also be a great way of encouraging employee collaborations and working as a team. Company leaders need to regularly check in with employees about their goals, personal progress, and offer rewards for a job well done in turn.