If you can access more top performers in your business, you will get higher productivity and be able to outperform your competitors.
If you can access more top performers in your business, you will get higher productivity and be able to outperform your competitors. This is becoming more difficult though because the demand for skills is increasing and their availability is diminishing. Why is this so?
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The reduced availability of skills and in turn of top performers is occurring because of the ageing of the population. Put simply, there are fewer people available to work as more and more people retire. To understand where productivity lives, here are some interesting statistics:
Productivity Touchbase
The bottom 10% of your workforce produce little output
The middle 85% of your workforce produce 74% of output
The top 1% of your workforce 10% of all output
The remaining top 4% produce 16% or 4 times the output
What do we need to do to get more top performers and higher productivity:
Create a high-performance culture
Try to hire more people in the top 5% of candidates
Hire fewer in the middle 85% and none in the bottom 10%
Have strong leadership and management
Have a culture that engenders strong staff engagement
Use a top grading strategy
For more information on how to attract and hire top performers, contact Neil at 1300Hired.
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https://1300hired.com.au/wp-content/uploads/2017/12/1300Hired-logo-2017.png001300 Hiredhttps://1300hired.com.au/wp-content/uploads/2017/12/1300Hired-logo-2017.png1300 Hired2017-12-01 15:14:582018-09-11 13:01:08Staff productivity and business profitability
Staff productivity and business profitability
/0 Comments/in Hiring /by 1300 HiredIf you can access more top performers in your business, you will get higher productivity and be able to outperform your competitors.
If you can access more top performers in your business, you will get higher productivity and be able to outperform your competitors. This is becoming more difficult though because the demand for skills is increasing and their availability is diminishing. Why is this so?
[read more=”Click here to Read More” less=”Read Less”]
The reduced availability of skills and in turn of top performers is occurring because of the ageing of the population. Put simply, there are fewer people available to work as more and more people retire. To understand where productivity lives, here are some interesting statistics:
Productivity Touchbase
What do we need to do to get more top performers and higher productivity:
For more information on how to attract and hire top performers, contact Neil at 1300Hired.
[/read]