4 Key Steps to measure Employee Productivity

        

#1 List your input or invested resources

Use clocking-in, time tracking, and project management tools to capture man-hours, number of employees, working hours, materials, and cost per hour invested in an employee

           

#2 State your output clearly

The output can be measured through revenue generation, clients acquired, sales & daily targets

           

#3 Calculate Employee Productivity Ratio

According to the Bureau of Labour Statistics, Productivity is the ratio of goods and services produced (output) to the labour hours (input) required for the production process. i.e. EP = Output/Input

           

#4 Compare it to your set standards

Setting clear input parameters & output benchmarks to evaluate productivity correctly, enables companies to track overall productivity with quality standards

           

To understand, track & enhance Employee Productivity in the organization, read