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July 4, 2008, Newsletter Issue #70: Increasing Productivity


1

Tip of the Week


To an employer, every minute that is spent not working toward a finished product or a goal is increased costs and reduction of profits. Unproductive time is the number one factor in the loss of profits within a company. Employees have a bad tendency to waste time by trading stocks, surfing web pages, playing online games, chatting or sending email with friends and much more.

Based on a recent Gallup Poll, it is estimated that every employee spends approximately 75 minutes a day wasting time. As an example, let's take an average salary of $15 per hour. Based on a 5 day work week this results in an annual loss of $4, 875 per employee. Now multiply the annual loss per employee by the total number of employees that you have working.

By having a monitoring solution, you can monitor such behavior and see what exactly your employees are doing with their time. Take charge and start monitoring your employees to ensure they are working when they should be working.



2

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