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Time Accounting - the #telcoWay

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The Cost of MisUsed Time - General Staff

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1. What is the total monthly productivity available in a department with 5 employees, each working 191 hours per month?
955 hours 382 hours 191 hours
2. What is the financial loss per month due to a poor performer who works only 2 hours per day in an 8-hour workday assuming their hourly rate is $2 per hour assuming the average number of work hours in a month is 191 hours?
$191 $152 $286 $572
3. What is one consequence of misused or unproductive time mentioned in the presentation?
Increased employee satisfaction Reduced organisational productivity Enhanced service to customers Higher revenue
4. Which of the following is a suggested next step to address misallocated time according to the presentation?
Increase employee salaries Train your team on time accounting structure Reduce working hours Hire more employees
5. What happens to high performers as a result of misused time in the department?
They become star performers They become mediocre or low performers They leave the organization They receive promotions