It is well-known fact: Productive employees can help drive business value, create a happier workplace, and make a positive impact on the bottom line. That is why small businesses in all industries are taking the necessary steps to hire the best employees and increase worker productivity.
In addition, they are doing it without micromanaging or overworking employees or setting them up for failure with unrealistic goals. If you run a small business, you know the link between productivity and profit. This Balboa Capital blog has tips on how to boost employee productivity.
Say “no” to unproductive meetings.
According to several research reports, the average American office worker spends 28 hours each month in meetings. Unless meetings have a clear purpose and outcome, they are pretty much a waste of everyone’s time. Do not let this happen at your company.
To make meetings a good use of everyone’s time, email your employees a few days in advance with the topics that will be discussed, along with the tasks each person will be responsible for. Providing this information ahead of time keeps everyone on the same page, and can result in shorter and more productive meetings.
Give your employees the right equipment.
Old or outdated business equipment and software can slow productivity. Even worse, it can malfunction and prevent your employees from completing their daily tasks. To prevent this from happening, make sure your company has up-to-date equipment that works properly.
New or upgraded computers, cloud software, office printers, and telephone systems can be acquired with an affordable equipment financing solution, so you will not need to break the bank. Having the right equipment not only enables your employees to perform their duties efficiently and on time, but also changes the way your company is perceived.
Reward your employees with perks.
Large technology companies are not the only ones who understand the value of on-the-job perks. Small businesses like yours are providing their employees with extras to help boost productivity, morale, and company loyalty.
Things like movie tickets, health club memberships, restaurant gift cards, team retreats, and the occasional day off are some of the many perks to consider. An online survey conducted by a leading recruiting website reveals employees view on-the-job perks as one of the top three indicators of job satisfaction/confidence.
Wrapping it up.
You do not need to overhaul your small business or spend a fortune to increase employee productivity. With a little time and effort, employee training, and an investment in new or upgraded equipment, you will start to see productivity move upward.