Productivity in the Workplace

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Productivity At Work

Productivity can be defined quantitatively; for example, the amount of work completed within a specified time or for a specified labor cost. It can also be defined qualitatively, where people accomplish what they wanted to get done on a particular day. For freelancers, productivity can be defined as the amount of work completed in a day or the amount of money made in a specific amount of time.

DEFINITION OF PRODUCTIVITY IN THE WORKPLACE

quantitative DESCRIPTION OF PRODUCTIVITY

According to Bizfluent, workplace productivity is how efficiently the workers in a company accomplish company goals and produce goods and services offered to customers. It can be the amount of work that employees complete within a specified time or for a specified labor cost.

For companies that produce goods or services, productivity can be calculated by "dividing the number of goods or services produced by work hours." On the other hand, productivity for companies that run on sales can be calculated by dividing net sales by work hours to determine the number of sales generated per hour of work.

The Bureau of Labor Statistics in the United States describes productivity in two ways. Labor productivity is the "output per hour of labor," and multifactor productivity is the "output per unit of combined inputs, which consist of labor and capital, and, in some cases, intermediate inputs such as fuel."

qualitative DESCRIPTION OF PRODUCTIVITY

According to The Balance Small Business, workplace productivity can be defined as closing each work day by accomplishing everything that a person wanted to get done that day. On the other hand, Northeastern University describes workplace productivity in terms of benefits such as minimized office time, increased focus on work, and reduced stress. Another description of workplace productivity from Dynamic Signal is a team's ability "to make substantial gains and improvements in a short amount of time."

FREELANCE WORK PRODUCTIVITY

Productivity for freelancers is the amount of work completed in a day or the amount of money made in a specific amount of time.

Forbes' tips for improving freelancer productivity include working with breaks and using the Pomodoro Technique (working for 25 minutes then resting for 5 minutes, and after 4 work sessions taking a 30-minute break), creating checklists, grouping similar tasks, meditating to increase focus, and planning breaks.

ADDITIONAL Insights

DANGERS TO WORKPLACE PRODUCTIVITY

According to research, multitasking could reduce productivity by 40% and work overload can decrease productivity by 68%. In addition, 57% of stressed employees may feel less productive.

Tips for Increasing workplace PRODUCTIVITY

Creating to-do lists for each day the night before: the to-do lists should be short and only focus on the most important tasks in order to increase focus.

Happier people tend to be 12% more productive according to research. According to Gallup, companies with high rates of employee engagement are 21% more productive.

Effective communication can save companies between $2,100 USD and $4,100 USD per year per employee. In addition, team messaging apps such as Slack will also help increase productivity. The Pomodoro method also helps with increasing productivity by promoting focus.

Sources
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Quotes
  • "Productivity in the workplace relates to how efficiently your workers accomplish your company's goals and produce goods or services for customers."
  • "Workplace productivity typically describes the amount of work your staff can do within a certain number of hours or amount of labor cost. An easy way to calculate it is to divide your total output by total input. Input will include labor hours and other resources used in the work process."
  • "If your company produces a good or offers a service, you can find your overall labor productivity by dividing the number of goods or services produced by work hours."
  • "If you run a sales firm, you might instead divide net sales by work hours to see how much in sales your company generates for each hour of work."
Quotes
  • "Labor productivity measures output per hour of labor."
  • "Multifactor productivity measures output per unit of combined inputs, which consist of labor and capital, and, in some cases, intermediate inputs such as fuel."