Capterra Glossary
Employee Productivity
Employee productivity can be defined as an assessment of the value an individual employee generates within a specific period of time. Since the success of a business depends on the productivity of its employees, employee productivity is an important metric for companies to track. Typically, an employeeʻs productivity rate is measured against a baseline productivity rate for a group of employees doing similar work to assess how efficient an individual is at completing an assigned task.
What Small and Midsize Businesses Need to Know About Employee Productivity
Unlike large corporations, small businesses often have limited payroll budgets. Therefore, small and midsize corporations must ensure that their employees are making good use of their work time if they intend to succeed as a business. By tracking employee productivity, small businesses can better understand if their employees are making good use of their time in the workplace. To improve employee productivity levels, SMBs should try to limit task interruptions in the workplace, create favorable working conditions, and eliminate time-wasting activities from business workflows.