Are you wondering how team building events will save you money in the long run?
Discretionary effort is about employees doing that little bit additional in the ordinary work day – finishing off a report today rather than leaving until tomorrow and planning for the weekend. It is not about working longer but being more productive during the normal working day.
If we can encourage all staff to optimise their discretionary effort, it is easy to see how it will impact productivity for little increased cost. To put this into figures the Hay Group looked at companies whose management team encouraged discretionary effort compared to those that did not.
They experienced a 43% increase in revenues!
They also estimate that high performing workers (those who give more discretionary effort) are 20% more productive.
Continue reading ‘Optimise Staff Efficiency by 20% With Team Building’ »