Although we live in a time where technology is reaching higher heights we also must face one of the lowest points in the world’s economy. It’s important to realize that with many businesses falling under the economical strain it is undoubtedly difficult to find work. A vendor may find himself completely busy at one point and empty handed the next so it’s important that work is carefully scheduled out. Some of your clients may want things done as quickly and efficiently as possible which is understandable but an individual works at their own pace. The question you need to ask yourself is will the client sacrifice a couple hours more over the predetermined amount of time or the overall quality of the project they assigned you to complete? People often get caught up in their work and spend long hours into the night in order to finish up some last minute tasks for a project. It’s important that these tactics do not become habits which can lead to negative effects such as sloppy work or staying past your usual schedule of hours. A worker needs to work at a constant pace to ensure things are done right and also to stay consistent so work isn’t rushed or left until the last minute. It’s sometimes better to stay within your safe zone instead of going up and beyond the requirements and stretching yourself too thin to accomplish more in a shorter amount of time.
Posts Tagged ‘overtime’
The cost of turnover can be quite high. The more skilled the leaving employee, the more cost involved in replacing him or her. It can be much less expensive to work to keep your employee happy.
In loosing a skilled employee, someone will need to pick up the slack until the employee is replaced. This means one, (to a multiple of people) that make the same amount or more money is going to have to work overtime to cover the workload. That means time and a half to your company books.
Once you hire an employee, you will need to train them. Although they may have done this job elsewhere, they have not done it for you and have not learned to do it your way. So now you are not only paying the time and a half employees, you are also paying someone to learn your system. During this learning period, the new employee is more likely to make mistakes that have the possibility of costing you money.
It’s much more cost effective to make sure your employee is happy, comfortable in the position, feels like they’re going somewhere in the job, etc. A good way to do this is have reviews where both parties can discuss the job and how each feels about it.