Monitoring employee productivity in some way has always been an important part of running or managing a business, but as more employees went remote during the COVID-19 pandemic, businesses all over the world began increasing ways to track employee productivity. Whether you’re a business leader in an office environment, oversee multiple construction sites, or manage a fleet of vehicles, it’s vital that you track employee productivity.
Tracking employee productivity gives you essential information regarding what employees are doing on the clock.
Continue reading to learn 7 ways businesses monitor employee productivity.
How GPS Fleet Tracking Helps with Variable Costs
25 Oct 2022If you’re a fleet manager, you know that operating and managing fleets come with a range of costs. Direct costs are funds that are sent directly to finance and operate the fleet and are closely related to the fleet itself. Under the umbrella of direct costs are fixed direct costs that are consistent month to month and year to year, such as financing the fleet, paying for insurance, paying taxes and other fees, and operating costs including employee wages.
In addition to fixed costs, variable costs compromise a significant portion of funds allocated to fleets. One of the biggest variable costs is fuel prices. Depending on the mileage your fleet puts in month to month, along with the cost of fuel, fuel costs can fluctuate. Other variable costs include maintenance, breakdowns, replacing tires, paying fines, tolls, along with incentives and meal allowances for drivers.
Heavy commercial theft and fraud are no joke. Theft and fraud schemes can seriously cut into any company’s bottom line by stealing valuable assets, like expensive heavy commercial equipment. While everyone wants to think it won’t happen to them, if you don’t take some simple steps to prevent theft and fraud, your business can become an easy target for thieves. Below, we’ll go over some theft and fraud prevention tips, and offer a great solution to protect your heavy commercial equipment.
Tips to avoid theft and fraud
The National Insurance Crime Bureau (NCIB) offers some easy and effective tips to avoid being victimized.
