The hybrid work model strikes the perfect balance between working at home and from the office. It’s also something that many businesses plan to use. Measuring hybrid productivity metrics will help you assess staff performance and determine if following a hybrid work schedule is generating the productivity results you’re hoping for.
Productivity Metrics
Productivity metrics are a means of tracking and measuring how quickly and efficiently employees are completing assignments
- Most quantitative metrics link work inputs to outputs
- By tracking inputs relative to outputs, you can measure productivity in a framework that aligns with your company and departmental Key Performance Indicators (KPI) and company goals
360 Degree Feedback
This is a qualitative productivity metric that uses feedback from colleagues and co-workers to gauge employee performance
- The 360-degree feedback method is a good productivity metric for hybrid teams that collaborate
- Can be used to see if working from home is perceived to impact employee performance
Productivity by Profit
Measures how much money the tasks you do generate for the business
- Useful for companies looking to grow fast
- Tasks that make the most money can get people to focus more on those that have a positive impact on finances
- This is a helpful metric for sales or marketing-related tasks
Management by Objectives
A method of measuring how employee output contributes to the achievement of company goals
- Have company and departmental SMART goals in place
- If an individual fails to hit targets, you can try to identify the source of the problem and provide support as needed
Conclusion
The move to working from home necessitates a change in the way managers track staff productivity. This guide discussed five ways to track employee productivity.
- 360 degree feedback
- Management by objectives
- planned to done ratio
- Time management productivity
- Productivity by profit
Planned to Done Ratio
Measured how much work assigned to an individual was completed
- Helps assess employee performance
- Track performance over time
- Provides insight into individual and team performance and helps make decisions to improve business operations
- Can be useful in management as a review of performance
Time Management Productivity
A means of evaluating and assessing what people do with their time
- In a hybrid, remote, or even in the office, time management productivity is generally assessed using time tracking software
- The way it is tracked using these tools is straightforward
- Break your job down into its constituent parts
- Create three categories for your work
- Track the amount of time you spend on each of these tasks
