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HOW TO MEASURE PRODUCTIVITY IN THE WORKPLACE
Productivity is a very important factor for any organization
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There are many external factors that affect productivity which
are beyond the control of any organization
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There are nine effective ways that can be
used to measure productivity
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Management by Objectives

Management by objective or MBO is a strategic method to measure the productivity of the
organization by clearly defining the objectives of both the managers and employees
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2
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Every company should have
an efficient system for measuring the workhour
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A healthy employee is bound to perform to the set standards
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Set productivity comparison chart

Every company should create a daily, weekly, monthly, and yearly production comparison
chart to always get aware of which direction the company is going, whether productivity is
increasing or decreasing compared to previous data
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Set Benchmarks and targets

For every company, productivity benchmarks and targets change according to the nature of
work
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Some companies
have predetermined benchmarks which are compatible with the goals
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5
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When you want to measure
productivity by labour productivity methods output changes based on types of industries
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Manufacturing sector measure productivity in terms of
the number of units produced per working hour
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Measuring productivity by profit

Measuring productivity in terms of profit gains is becoming the most preferred types of
productivity measurement in middle and small type organizations
...
Instead, measuring productivity by profit only
involves analyzing the bottom line saving a great portion of the management time
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Measure productivity by the quality of tasks completed

Some companies believe that the most accurate way to measure productivity is based on
whether the work assigned actually gets done or not
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Completion of tasks with proper quality is the only way to
measure productivity in the workplace
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Time management

The time management method determines how employees are using their working time at the
workplace
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This method includes tracking how much time they are spending for
non-work-related conversation, social media and how much time off they are taking for
illness
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9
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It is an effective
strategy because every employee has a different perspective on what productivity should be
based on teamwork, leadership, task completion, cooperation etc
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