How to improve productivity??? Very easy RAISE WORKERS WAGES!!!

How to improve company's productivity?

Does only high professionals deserve bonuses and raise? 

Who does most of the work, large numbers of employees at the bottom of the corporate ladder or a few high skilled professionals?

Take a look into thess few usefull tips.

          It has long been assumed that companies stand to increase profits by cutting wages and benefits for employees at the bottom of the corporate ladder. While companies use diverse incentives such as high wages, performance rewards, and stock options to recruit, retain and motivate highly skilled professionals, they assume that employees at the bottom of the corporate ladder can be replaced easily — and don’t need incentives.

          But that is the most comon mistake that every businesman make. According to Ivey Business Journal and authors  Jody Heymann, Magda Barrera, Magda Barrera there are 4 big lessons for bussines leaders on this subject :

How to keep all the empleyees happy?

1.      Understand who performs the majority of the essential work. At professional services firms, this may be lawyers or paralegals; in surgical clinics, this could include surgeons, nurses, technicians, paramedics, and individuals preparing the operating room; and in manufacturing, those working on the factory floor clearly carry out most of the essential work.

2.      Realize that the firms’ success depends on the quality of the work performed by the majority of workers . Remarkably, few firms currently design their organizations to optimize the efforts of employees at the bottom of the corporate ladder—even when these employees are central to the firms’ ability to add value. At Costco, the sales staff was instrumental in ensuring the high-quality shopping experience that would draw customers to return. At Great Little Box, the company beat competitors because of its ability to respond rapidly to customized orders.

3.      Recognize that the quality and productivity of employees at the bottom of the ladder depend on whether these employees are motivated, healthy, adequately rested, and well-prepared to carry out the tasks they are asked to perform. Employees at Costco were motivated to work harder and perform better by a combination of higher wages and opportunities for promotions. Great Little Box employees had a direct financial stake in the company’s performance.

4.   Realize that line workers are often the ones who know best how to increase efficiency. Great Little Box benefited from suggestions from line workers that led to cost savings and greater flexibility in production. Managers at Costco had a better understanding of how to improve production because most had served as hourly workers.