As a leader and business owner, you understand that your most important asset is your employees. When their productivity suffers, the bottom line of your business suffers too. To maintain high performance and efficiency within a contracting business, avoid these four productivity killers.
1. Inadequate Communication
Lack of communication can leave employees confused and unmotivated. When directions and goals are not clear, mistakes and rework occur more frequently. This means more time taken to complete a task or project.
Communication plays a large role in engagement too. Employees who don’t have an understanding of how their efforts contribute to the company’s mission or are not empowered to express ideas can become disengaged from work quickly. This leads to higher employee turnover, absenteeism, and other issues that hurt your overall productivity.
Ways to avoid: Open communication is key. Encourage employees to provide input and ideas. Communicate job expectations clearly and provide feedback. Make sure they understand how their work adds value to the company.
Controlling every detail of employee work slows projects down and hurts organizational progress. Micromanagers often spend unnecessary time overseeing even simple tasks, stifling the progress of other workers. Employees may hold back from taking the initiative to improve services and processes as a result. With little to no autonomy or empowerment to make decisions, employee motivation declines and efficiency is lost.
Ways to avoid: Employees are hired because of their skill set. Delegation of tasks, training, and trust in their ability are important. Give ownership of increasingly more challenging tasks, only stepping in to supervise larger issues or when needed. Focus more on results produced and less on every detail of execution.
3. Lack of Acknowledgement and Appreciation
Failure to acknowledge and show appreciation for accomplishments and ideas leads to high employee turnover and low individual productivity. This lack of recognition can make any employee feel like they’re not valued, destroying the motivation to keep performing at their best.
Ways to avoid: Acknowledged and appreciated employees are more likely to go above and beyond their job expectations. A sincere and timely “thank you” or “great job” can go a long way in boosting morale, leading to increased productivity. Be specific when expressing this appreciation (e.g., how did the employee/team do a great job or what great idea did they come up with?). Tie recognition to performance goals. Celebrate team successes.
4. Insufficient Training
Not enough training in the job and company processes can result in costly errors and time-consuming rework later on – a death sentence for productivity. Tasks may be performed inaccurately and opportunities for improvement may go unnoticed, hurting the effectiveness of a business. Where safety is an issue, workers that are unaware of safety procedures are more vulnerable to injury and time away from the job to recover.
Ways to avoid: Adequately trained employees are not only better prepared to meet performance goals, they’re often more invested in the company’s success too (a win-win). Provide continuous training for each specific job function. Make safety a priority by providing comprehensive training and materials.
While the right technology and processes are also key components to an effective work environment, employee knowledge and engagement drives enhanced productivity. When their productivity improves, the bottom line of your business is more likely to improve too.
Interested in learning more helpful tips and best practices relating to your business? Visit our blog at http://www.nipgroup.com/blogs/programs/.
NIP Group, a business insurance and risk management intermediary, helps businesses with specialized risks avoid financial loss and keep operations moving forward.