Implementing Policies That Will Increase Your Business’s Productivity
By Space Coast Daily // November 9, 2021
COVID-19 has changed the way businesses work. Currently, the worst problem that many companies are suffering from is efficiency. The pandemic has placed even the most efficient companies on halt.
An average of more than 100 hours every month was lost last year due to the pandemic. This is a severe problem because businesses are already struggling to make ends meet. Some companies have considered laying off employees because of this. However, others decided they would adapt to the given circumstances instead.
One way companies are adapting to work during the pandemic is through a work-at-home policy.
If you haven’t implemented a work-from-home (WFC) policy yet, then you’re missing out a lot when it comes to productivity. You might be arguing whether if it’s worth it, but it’s the best policy you can implement during the pandemic. The lost work hours because of an office infection is too big a risk if your business struggles in the workplace.
Although there are vital issues regarding a WFH policy, such as women with children losing productivity, it’s undeniable that it has improved during the last year or so. Productivity levels might not be over the roof, but on average, companies have received a 10% increase in their productivity metrics. That’s a pretty good average, considering that you’re also saving a decent amount of money by implementing this policy.
We all know that office rent and utility easily take up 25% to half of our monthly revenue. Imagine not needing to pay for that and increasing employee salary by a bit instead. That increase comes a long way in your employee’s productivity and can increase that 10% increase to 20%.
Skeleton Work Crews
We all know that each business is different from the other. If you’re a tech company, you might be able to get away with everyone working at home. However, in the manufacturing industry and other specialized industries, you might need people working on site. This is where skeleton work crews become important.
Essentially, a skeleton workforce means only bringing a minimal amount of employees on-site to do the most important jobs. They don’t even need to be there every day of the week.
They can be there three times a week at most to ensure that everything is going smoothly. Combined with WFH, your productivity should be as good as it was before the pandemic.
Bring Your Own Device (BYOD)
BYOD is becoming a popular policy nowadays, especially for startups. Essentially, BYOD is all about your employees being the necessary office equipment to the office, or if your company is working at home, they invest in their own equipment.
This particular policy is helping companies save money during the pandemic. Not every business can afford to purchase office equipment, especially if they are trying to grow.
So employees can chip in their own equipment for the work. Furthermore, diversity in office equipment can make your employees work more efficiently. It’s not bad at all for your employee to use a gaming PC or laptop at work. It’s more efficient than the standard office computer.
In some situations, your business might want to help employees who can’t purchase their own office equipment through these various policies.
Renting of Office Equipment
This particular policy should start the moment your employees start working at home. Not every employee can afford to purchase their own equipment, especially in specialized industries. For these cases, you should give them the chance to rent office equipment.
It would be best if you had a tracker of sorts as to who is using rented equipment. This will ensure that no equipment will go missing. In cases of damage and repair, the employee can pay for it. If your company can shoulder the repairs, the better for your worker.
The renting of office equipment policy is great. It’s even better if your company has a surplus of office equipment. If not, you should consider purchasing the necessary office equipment for your employee instead.
We can’t deny that our business has suffered when it comes to productivity and efficiency during the pandemic. But with the policies indicated above, especially the WFH and skeleton workforce policies, you can return to the normal productivity levels you had before the pandemic. In some situations, you might even excel in it.
Furthermore, securing office equipment for your employees is essential to their productivity. So make sure to implement the policies needed to address this requirement. With all of these in mind, your company can increase productivity and experience growth in no time.