Yearly Evaluation on Efficiency and Administration: 2018
Hubstaff's State of Productivity and Management Report 2018 Reveals Insights into Modern Workforce Management
In the ever-evolving landscape of business, staying productive and growing is paramount. Hubstaff's State of Productivity and Management Report 2018 sheds light on the challenges, strategies, and trends shaping the modern workforce.
Current Management Challenges
The report highlights the difficulties managers face in maintaining accountability and visibility into remote teams, as remote work increases complexity in oversight and workload balance. Lack of visibility can reduce individual accountability, making it challenging to manage distributed teams effectively.
Productivity Measurement
Accurate measurement of work hours and output is crucial for improving productivity. The report emphasizes the importance of robust tracking tools, with employee monitoring software like Hubstaff providing detailed analytics to guide managers in optimizing workforce performance and preventing issues like time theft.
Hiring Trends
Organizations are turning to recruitment software and technologies to streamline hiring processes. Automated tools that support resume formatting, candidate tracking, and communication integration are essential for efficient talent acquisition.
Business Growth
Workforce tracking tools contribute to business expansion by offering actionable insights into employee productivity and operational efficiencies. The broader workforce tracking software market, featuring Hubstaff, is growing rapidly due to technological innovations, pricing strategies, and shifting consumer demands, enabling companies to adapt strategically for long-term growth.
Survey Insights
The survey, conducted in partnership with Hppy, ActiveCollab, and Pivotal, heard from over a hundred businesses from various countries and industries. Many organizations rate themselves as being moderately to very productive, but existing measures like time tracking, surveys, and sales do not provide enough information to diagnose issues.
Strategies for Productivity and Growth
The report examines the challenges businesses face in achieving productivity and growing, and looks at current strategies and their impact on hiring trends. Reaching a wide, international audience is important for organizations trying to find the best candidates.
Investing in Productivity
Many organizations are investing in greater efficiencies and productivity in 2018 to increase profits and revenue. The State of Productivity and Management Report 2018 is available for free download, offering valuable insights for businesses seeking to optimize their workforce and drive growth.
In the pursuit of business expansion, workforce tracking tools like Hubstaff, providing detailed analytics for time tracking and productivity measurement, are essential for optimizing workforce performance and preventing issues such as time theft. Furthermore, the report's insights from over a hundred businesses across various countries and industries reveal that many organizations are investing in these tools to enhance productivity, leading to increased profits and revenue.
