set productivity targets and then measure the working group’s actual performance against the benchmark productivity figure
- set productivity targets and then measure the working group’s actual performance against the benchmark productivity figure
- set quality performance standards (e.g. maximum number of products that can fail quality assurance checks) and measure the group’s performance
- set stock wastage standards (the quantity of materials wasted/recycled) and measure the group’s stock wastage figures
- Finally, explain how benchmarking can be a useful tool in staff management – the list below are some areas you can think about:
- assess bonus payments for reaching or exceeding benchmark
- help managers in staff appraisals
- provide managers with relevant data for staff motivation
- reveal areas where additional training is needed
- identify problem groups/individuals where remedial action is needed
- provide data to support possible disciplinary actions
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