Each day thousands of workers spend 8 hours or more at their respective jobs contribute to the waste much like dripping kitchen or bathroom faucet that wastes drops of a precious resource – water – every minute of every day until fixed. Yet, the dripping faucet is considered a minor annoyance until the drips become steadier. During this time, thousands of gallons of water are wasted costing the owner probably more money than it took to correct the problem.
During the last 6 years, I have surveyed thousands of employees from small businesses to larger organizations who all believe that their plates are full, but admit to wasting a minimum of 12 minutes each day. For employees who are paid $30,000 not including benefits, this amounts to $14.42 each week for the one lost hour of work or $721.12 annually. If you have a facility with 50 people, the annual cost is at least $35,056. For organizations with at least 1,400 employees, the annual cost rises a minimum of $1,000,000.
Leanne Hoagland-Smith is The Small Business Coach who works with you to connect your passion to your purpose to double your performance. Please visit http://www.processspecialist.com/small-business-coach.htm to learn the Secret of Success.
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Article Submitted On: March 15, 2006
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