Employee Productivity Calculator is an excel template which helps you calculate employee productivity for manufacturing, sales/marketing, and service industries.
Therefore, just enter the require details and you can calculate the productivity in terms of units, dollars, hours, etc.
What is Employee Productivity?
Employee Productivity is production/revenue receive during specific period against number of employees or resources consumed in that specific period. Productivity is measure differently depending on industry.
Thus, in manufacturing Industry, employee productivity is measure in terms of units produce per period, units produce per employee, the worth of goods in dollars per period.
Moreover, for the Sales Industry, it is measure in terms of sale units per employee per day, sales in dollar per employee per day.
Whereas, in Service industry, staff productivity is measure in terms of clients/projects handled per employee, the number of projects complete per employee or per hour, etc. Ways to motivate employees and increase productivity
Formula to Calculate Employee Productivity
The basic formula for calculating employee efficiency productivity is output divided the input during a particular time.
Types of Employee Productivity
There are 3 kinds of employee productivity: Unit Productivity, Dollar Productivity, and Hourly Productivity.
You may obtain employee productivity by dividing average output per period by total inputs consume during that period. The input includes the capital costs, energy costs, material costs, and manpower.
Furthermore, when we measure sales productivity, we have to add a variety of additional outputs, like number of new customers, the number of positive leads generated, and volume of sales in dollars.
Moreover, in service industry, as intangible outputs are involve you will be able to measure the number of customers served or number of tasks completed.
Whereas, in manufacturing industry, you will either measure the production per employee or worth of goods one employee can produce during that specific time.
Besides, productivity in service industry changes depending on the industry. It all depends on the purpose and industry for which you measure productivity.
Employee Productivity Calculator Template
To simplify process, we have create a simple Employee Productivity Calculator Excel Template. It is for the manufacturing, sales/marketing, and the service industry.
In this template, you need to enter the require data. It will perform the calculations automatically according to the given formula.