Social media, the internet, and mobile phones that mimic personal computers have stunted efficiency in the workplace. In extensive studies that we’ve completed, a lack of focus on efficiency can result in almost 20% misuse of time. With a tight focus on efficiency it is possible to manage to 92% efficiency. Efficiency is defined as time at work performing activities that are relevant to your job description. With the fall in efficiency, companies will be forced to hire more staff to complete the same work. For companies to succeed, compensations will have to decline from current levels to support the additional hours required. It isn’t just about protecting company revenues that demands attention to this; individuals will soon be earning far less because of it. At Bridgeway, we manage efficiency every week. A dedicated effort results in less hours in the office, higher compensation for top performers, and better pricing ability for our clients. Who loses?
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