Although the productivity of American workers remains high over historical averages for the last eighteen months, companies are wondering how to maintain this productivity growth while preventing burnout. Here are a few key factors to keep in mind in trying to stay on top of the curb:
1.) Communicate Reasonable Expectations: In order to ensure employee performance, keep clear communication going.
2.) Market Research for Investment: Sometimes it takes understanding what isn’t necessary to figure out what is. While productivity is increasing so is labor costs, companies with higher-than-average costs may consider automation, digital transformation to help streamline processes, and realize gains on efficiency to reduce growing labor costs. No one wants to work with a company that is using outdated tech.
3.) Consistent Commitment to Train Employees: A lot of companies will scrap or stop training employees when they are busy. Taking time to properly train employees has a positive effect on upskilling workers for the future and keeping overall engagement high.