Making Employee Productivity a Slam Dunk
by Dr. Jan Stringer, Ph.D.
If the competition is doing more with less,
then employee productivity may be the issue.
Low-output workers indicate a serious problem
within any organization, forcing companies to adapt
innovative techniques to increase employee productivity.
Does March Madness really drive employers crazy?
It all depends on what you believe.
The term "lost productivity" is always kicked around
this time of year. Are millions of employees checking
in on the NCAA Tournament while checking out of their
responsibilities at work?
Gauging employee productivity is not an exact science,
but anything that gets in the way of workers' ability
to produce a quality product or service should concern
employers. That is why a recent calculation by consultant
John A. Challenger received so much media attention, when
he predicted a productivity meltdown during the NCAA Tournament.
Related Employee Surveys
Employee Satisfaction Survey - Fairness
factors into many of the key topics associated with an employee satisfaction
survey. This key factor will play a significant role in improving
productivity, job satisfaction, and loyalty.
View all Employee Surveys by NBRI.
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Challenger estimated that March Madness, video streamed this year
by CBS, will cost employers $3.8 billion or more in lost productivity
because workers will watch, gab, bet, and read stories about the
NCAA Tournament instead of tending to their responsibilities at
work. Challenger put the price tag at $260 million for just the
first two days. The $3.8 billion estimate is based on a formula
of 58 million viewers whose average wage is $18 an hour, watching
13.5 minutes online on each of the 16 business days of the tournament.
That's a lot of madness. But, according to some, so are Challenger's
lost productivity numbers.
"I would say that in most cases, this is over blown by the media,"
said John Henning, Director of a California-based Business Development
Group. "I think the actual percentage of professional workers that
spend a significant amount of time during their workday paying attention
to the Tournament is minimal."
Henning has plenty of company when it comes to detractors.
Slate magazine calls Challenger's lost productivity numbers, "junk economics,"
that wasted time is built into every workday, and that "NCAA tourney
fans merely reallocate to the games the time they ordinarily waste elsewhere."
Wall Street Journal columnist Carl Bialik and Forbes writer Hannah Clark
have also challenged Challenger, calling the numbers impacting employee
productivity skewed and far-fetched. Clark writes that, "For the first
time, most games in the 2006 National Collegiate Athletic Association
tournament will be broadcast online for free. That's one reason why
consulting firm Challenger, Gray & Christmas has estimated March Madness
will cost $3.8 billion in lost productivity. But that estimate should be
taken with a boulder of salt."
Whatever the case, the debate over employee productivity costs and March
Madness will likely continue to rage since the NCAA Tournament and the
workplace will continue to mesh. Nevertheless, what workers do at work
remains a central part of any company's successful business plan.
continued on:
5 Factors That Affect Your Employee's Productivity
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