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  • Casual Articles - Employers and Managers - Five Steps to Greater Employee Profitability

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    money could be leaking away drop by costly drop, like water from a dripping tap.

    So here are five steps you can take very quickly to switch-off that

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    If you do not know right now which of your employees is making money for you, how much they are costing you or whether you're operating profitably, this short article will provide vital information for you.

    Employees cost huge amounts of money and the stark reality is that unless every employee pays their way a lot of YOUR money could end-up down the drain!!

    But how do you know which employees are working profitably for you, especially if your employees are spread all over the country or even the world? Indeed some may be frittering away hours (your money) on wasteful activities. For all you know your money could be leaking away drop by costly drop, like water from a dripping tap.

    So here are five steps you can take very quickly to switch-off that d

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    ort article will provide vital information for you.

    Employees cost huge amounts of money and the stark reality is that unless every employee pays their way a lot of YOUR money could end-up down the drain!!

    But how do you know which employees are working profitably for you, especially if your employees are spread all over the country or even the world? Indeed some may be frittering away hours (your money) on wasteful activities. For all you know your money could be leaking away drop by costly drop, like water from a dripping tap.

    So here are five steps you can take very quickly to switch-off that

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    r way a lot of YOUR money could end-up down the drain!!

    But how do you know which employees are working profitably for you, especially if your employees are spread all over the country or even the world? Indeed some may be frittering away hours (your money) on wasteful activities. For all you know your money could be leaking away drop by costly drop, like water from a dripping tap.

    So here are five steps you can take very quickly to switch-off that

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    ees are spread all over the country or even the world? Indeed some may be frittering away hours (your money) on wasteful activities. For all you know your money could be leaking away drop by costly drop, like water from a dripping tap.

    So here are five steps you can take very quickly to switch-off that

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    money could be leaking away drop by costly drop, like water from a dripping tap.

    So here are five steps you can take very quickly to switch-off that dripping tap!

    Step 1: Monetise

    Calculate the true hourly cost of your employee per hour. You can work out a percentage to add to your employee hourly rate that will cover all the overhead. Examples include a share of office overheads, pension and health care payments, the cost of holidays and sickness (which are non-productive for you but still need to be paid for). Build a list of all costs and include them in the hourly rate.

    Step 2: Measure

    What can't be measured can't be improved. The second step is to get your employees to use a timesheet. A timesheet records the number of hours spen

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