Top 6 productivity metrics for your remote business goals in 2021

Top 6 Productivity Metrics for Your Remote Business Goals in 2021 Productivity metrics are data that you can measure so that you know whether or not you’re meeting your goals. They are particularly important if you’re running a remote business, as you won’t be able to actually ‘see’ how productive your employees are.

And to be perfectly honest assuming employees are productive just because they seem to be isn’t that reliable either. Frankly speaking businesses lose an average of $26,041 per employee every year because of poor communication, and if you’re making assumptions you are likely to overlook such issues.

If you aren’t sure what productivity metrics you should track and calculate, here are six that should be at the top of your list:

1. Work hours

To measure productivity you first need to track the time that your employees spend working. Nowadays the most effective way to do that is by using activity tracking software such as WorkExaminer which will accurately track how employees spend time on their workstations.

2. Task completion

The task completion metric is a measure of how many tasks employees complete, or the progress of the projects they’re working on. It typically comes from project management tools.

3. Time spent on each task

Monitoring how long your employees spend on each task is crucial if you want to identify specific problems such as obstacles or inefficiencies. If you’re using WorkExaminer you can track all the activities of each employee, and determine whether they’re working on tasks or doing something else.

4. Overall revenue

Every business should have their overall revenue readily on hand as it is simply the total amount that they earn. It can help to have a more specific breakdown however, that categorizes revenue based on months, products, and different sources.

5. Quality score

Unlike other metrics, quality score can be a bit subjective but it is no less important. It should act as a way to measure whether or not your employees work is of a high enough quality. For example in marketing you may want to track the performance of the ads that employees work on as a yardstick for their quality.

6. Labour productivity

Simply put labour productivity is output divided by input. In most cases you would divide revenue by the total hours of work that produced it. If you want you can calculate the average labour productivity of your entire company, the revenue per employee, or for each team.

As you’ve probably noticed, these metrics require that you are able to gather data and tools such as WorkExaminer play a big part in that regard. It will accurately track employees activities, active and idle time, communications, and more. Long story short, WorkExaminer will ensure that you get your hands on the data you need to measure productivity. On top of that employee monitoring on its own can help to boost productivity too – as long as you make sure you implement it the right way.