Increasing productivity depends on how well company’s behaviour on their staff. If the companies want to reach their target on the long term must be consider what their employees needs. Companies should educate their staff and increase posibility of earning more money depend on the staff’s success. By this way staff will increase company’s success and productivity.
First of all, education level of staff makes the most significant difference for the company’s success. Even if you have hired the best staff on the market, if you do not educate them eventually the company will lose competition on the market. For example, If you are software company, you have to teach your engineers latest programming languages, tools and programs. That way you can be pioneer in your sector. As a result, because of the fact that staff will have high end knowledge on their specialty, they can become more productive.
Secondly, success needs to be rewarded. Best way for that is giving bonuses to employees depend on their success. If employees do not saw any rewards for their hardwork, they will most likely find another company that will reward them and eventually they will leave for a better company. For example if you are an trading firm on energy sector, when a salesman works harder and smarter other than his/her colleages and make the company more profitable. He/She will want to saw results for hardwork. The easiest way the reward giving them year end bonuses. That way employee’s commitment to the company will increase. As well as the company’s success will increase too.
In conclusion, staff needs to be educated and rewarded for the company’s success. Otherwise it can lose market share and employees. Also can not reach the goals on the long term and become a mediocre company.
Increasing productivity depends on how well
company’s
behaviour
on their
staff
.
If
the
companies
want to reach their target on the long term
must
be
consider
what their
employees
needs.
Companies
should educate their
staff
and
increase
posibility
of earning more money depend on the
staff’s
success
. By this way
staff
will
increase
company’s
success
and productivity.
First of all
, education level of
staff
makes
the most significant difference for the
company’s
success
. Even if you have hired the best
staff
on the market, if you do not educate them
eventually
the
company
will lose competition on the market.
For example
, If you are software
company
, you
have to
teach your engineers
latest
programming languages, tools and programs. That way you can be pioneer in your sector.
As a result
,
because of the fact that
staff
will have high
end
knowledge on their specialty, they can become more productive.
Secondly
,
success
needs to
be rewarded
.
Best
way for
that is
giving bonuses to
employees
depend on their
success
. If
employees
do not
saw
any rewards for their
hardwork
, they will most likely find another
company
that will reward them and
eventually
they will
leave
for a better
company
.
For example
if you are
an
trading firm on energy sector, when a salesman works harder and smarter other than his/her
colleages
and
make
the
company
more profitable. He/She will want to
saw
results for
hardwork
. The easiest way the reward giving them year
end
bonuses. That way
employee’s
commitment to the
company
will
increase
.
As well
as the
company’s
success
will
increase
too.
In conclusion
,
staff
needs to
be educated
and rewarded for the
company’s
success
.
Otherwise
it can lose market share and
employees
.
Also
can not reach the goals on the long term and become a mediocre
company
.