Businesses today are leveraging desks to digitize their workplace. If you are a business owner or manager, you know how important it is to measure the results of your team’s efforts.
Measuring accurate and trustworthy data is key to achieving success as well as navigating through difficult times. Today, the workplace is facing enormous challenges with uncertain economic recovery and budget constraints, and workplace analytics is the savior.
In today’s workplace environment, businesses are continually looking for ways to increase productivity, manage better and improve results.
Workplace analytics tools can be used to: increase collaboration, boost productivity, drive performance, and make strategic decisions. Monitoring the metrics or following the process would help to solve the below queries at ease:
- How well are your employees performing on the job?
- How can we improve the employee’s job performance?
However, before proceeding ahead, you should be clear on the following pointers:
- What kind of data do you want?
- Do you know the parameters to monitor?
- How will the info be used?
This guide highlights the parameters required to accelerate team performance with workplace analytics.
1.Monitor Data
Monitoring data in the workplace can have a significant impact on all areas of an organization. For example, can provide valuable insights into time and attendance, absenteeism, turnover, and other valuable operational metrics.
As someone who focuses on analytics, it is not just about time – it is about making your life easier. Today, monitoring data has become a hassle-free process with tools like a smart desk booking system that allows you to keep track of your employee’s presence and work schedule.
2.Prioritize Choices
What if you could get big-picture insights into how your team works? Workplace analytics is a great tool for work-based decisions, including prioritization of choices. It allows you to understand the impact of employment decisions and future outcomes as well as the prediction of alternative options.
Ineffective meetings can prevent employees from concentrating on their work. Meetings must be centered on identifying solutions, not just discussing problems. Prioritizing the task helps you to understand the urgent needs of your business and also paves a path for the important tasks to be dealt with in the near future.
3.Get Employee Feedback
Employee productivity can be significantly increased by handling performance management and employee feedback better.
Leaders may reduce some of the frustrations and uncertainties that come with big-company bureaucracy by putting in place a system that focuses on producing more timely and meaningful feedback.
How to Measure Workplace Analytics for Business?
There are multiple ways to measure workplace analytics. However, a few of the common metrics involve the following parameters:
- Employee retention rate
- Employee turnover rate
- Average time an employee takes to complete one task
- Percentage of employees who feel they have autonomy in their work
- Percentage of employees who feel they are being treated fairly by management
Improving employee engagement is the key to workplace analytics. The more your employees are engaged, the better results you will get. With the right data, you can make the right decisions and get your team working at its best.
Implementing smart space booking solutions is a powerful way to improve productivity and employee satisfaction by identifying areas where your organization is falling short or excel.
Irrespective of the industry, workplace analytics can help business owners and managers to improve productivity by allowing you to see where time is being wasted, who is productive at what times of the day, and where there are opportunities for improvement.
Understand the importance of the same, Smarten Spaces, the most reputed hybrid workplace solution provider is here to help you collaborate and build a smart workplace with innovative office-space booking solutions.
Our experts will help you to build an interactive and effective system hassle-free. To know more on how to proceed ahead, contact our experts today-we’d be glad to assist!