Here’s something that might interest you. It might also make you want to throw up…so don’t say I didn’t warn you.
Let’s assume you have an employee who wastes one hour on the job each day. Or it could be YOU who wastes one hour a day. You know…personal telephone calls, smoke breaks, water cooler conversations, swapping jokes, shopping on the internet…or simply staring out the window and daydreaming from time to time.
There is an average of 250 work days in a year. And, if an employee (or YOU) wastes one hour each day, that comes out to 250 hours wasted per year.
Are you with me so far? Good.
Now, let’s assume that the average work week consists of 40 hours on the job. If an employee wastes an hour each day, that comes out to OVER SIX WEEKS PER YEAR WASTED!!!
Holy smokes…If you have 8 employees and you pay them each an average of $35,000.00/yr.…and they each waste one hour a day…that means you are paying $35,000.00 a year for an 9TH employee who doesn’t even exist. It is $35,000.00 down the toilet for NOTHING!
Here’s my point: The amount of lost production and lost revenues due to poor time management…i.e. wasted time…in any business…is absolutely staggering.
So, the next time you see one of your employees wasting time…or you find yourself wasting time…just think of these numbers, and remind someone that, as long as they are on the clock, you expect them to be working and producing.
After all, that’s what you pay them…and yourself… to do…right?
FYI… reading this letter should NOT be considered a waste of time…especially for those of you who take away something from it that helps you be more successful.
Hal
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Feel FREE to call Me at 770-993-0004 or email Hal@HalColeman.com
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