[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-243496-105":53,"doc-detail-243496-en":127},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":120,"head_meta":122,"extra_data":124,"updated_unix":126},105,"en","jersey-means-business-measuring-productivity","Jersey Means Business - Measuring Productivity","","Jersey Means Business: Measuring Productivity outlines a productivity-focused approach for forward-thinking businesses, particularly international finance centres like Jersey. It explains how productivity growth can be achieved through improved output per employee or through external, service-driven factors. The paper describes practical ways to measure productivity using clear metrics such as hours worked, revenue per full-time equivalent employee, and cost benchmarks, while emphasizing holistic workplace practices including leadership, engagement, and wellbeing to drive sustainable performance.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":11,"@type":70,"position":76},"https://docshare.wps.com/template/presentations/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/jersey-means-business-measuring-productivity/243496/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/jersey-means-business-measuring-productivity/243496.png","ImageObject",442,249,{"name":88,"@type":89},"eBook King","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-19","2026-09-12",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",10,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"Why is measuring productivity important for businesses in Jersey and globally?","Question",{"text":109,"@type":110},"The paper links productivity growth to business competitiveness, profit maximization, and long-term health, noting that it is especially important for international finance centres competing globally. It also highlights productivity as essential for the world economy overall.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"What are two main ways the finance sector can achieve productivity growth?",{"text":114,"@type":110},"It can increase productivity by improving output per employee (or hours worked) through efficiency and technology. Alternatively, productivity can rise as a by-product of services provided to the wider economy, driven by external forces.",{"name":116,"@type":107,"acceptedAnswer":117},"How can firms measure productivity when they lack individual employee data?",{"text":118,"@type":110},"Firms can track business-level productivity by dividing revenue by the number of full-time equivalent employees to create a cost benchmark. This supports monitoring whether productivity improvement strategies are working.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},243496,1791485309,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":8,"category_name":11,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":47,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":140,"read_time":73},962088006270,"https://ap-avatar.wpscdn.com/davatar_085a072bc5b1113ac321206ff7593b45","Jersey Means Business:  \nA forward-thinking approach to measuring productivity  \nIs your business ready to be more productive?  \nA focus on productivity is vital for any forward-thinking business wanting to make the most of its resources, maintain and raise profits, and ensure its future health through initiatives such as high-quality recruitment and retention practices that support employee wellbeing.  \nThe global pandemic has brought about unprecedented changes to the way firms operate. Aside from the devastating human health impact of COVID-19, the global economy has been significantly disrupted, forcing the business world to adopt new models and fundamentally changing the way we live and work.  \nThe question of how to drive productivity is especially important for international finance centres such as Jersey that compete for business on a global level.  \nAs well as supporting efforts made by the finance sector in Jersey to remain competitive, higher productivity growth is essential for the world economy as a whole.  \nOur work with the Centre for Economics and Business Research (Cebr) to analyse finance sector productivity in Jersey revealed that working with clear productivity measures can lead to positive business growth.  \nThis thought leadership paper explores a number of ways to measure productivity evidencedin case studies and insights from Jersey’s finance industry.  \nA focus on the finance sector  \nTypically, the finance sector achieves productivity growth in two ways:  \n1. By improving output per employee or hours worked through increased efficiency and technology improvements (what is traditionally understood as productivity).  \n2. As a by-product of the services it provides to the rest of economy (productivity driven by external forces).  \nMany financial services firms in Jersey collect data on the number of hours worked and the productive output of each employee, team and company division. This enables them to focus on areas of inefficiency, making it easier to address identified concerns.  \nFor firms without individual employee data, it’s still possible to track the productivity level of the business as a whole by dividing revenue by the number of full-time equivalent employees to provide a cost benchmark. This allows firms to track the average output per employee to see if productivity improvement strategies are working.  \nPositive measures to increase productivity  \nThere’s no one-size-fits-all approach to understanding and measuring productivity in the workplace. All firms aim to be more productive, but it’s multifaceted and requires a holistic approach targeting all areas of the business, from better management and strong leadership to refining organisational and job structures, paying careful attention to employee engagement and wellbeing. While this isn’t an easy task, a firm has much to gain from getting it right.  \nRevenue  \nTotal number of full-time equivalent employees  \nCost per full-time equivalent employee benchmark  \nJ E R S E Y • L O N D O N • D U B A I • M U M B A I • H O N G K O N G • S H A N G H A I • N E W Y O R K  \nJersey Means Business: Measuring Productivity | 2  \nExploring ways to measure productivity  \n Time management  \nDo you know how much time is spent per employee with each client, on billable work or on administrative tasks and processes?  \nIn many firms, timesheets and billable hours are common ways of measuring time spent and output per employee, but you need to establish an acceptable norm and use the data variations from above and below the norm to monitor productivity and drive change.  \nThe concept of an eight-hour workday dates back to wellbeing measures introduced in the industrial revolution. In an attempt to maximise manufacturing output, workers were given three blocks of eight hours for work, rest and sleep, which are all critical to increasing an individual’s productivity.  \nIn service-driven economies, not all work needs to be undertaken at the same time to achieve the","cbCaisEgvm8HqtIb","https://ap.wps.com/l/cbCaisEgvm8HqtIb","pdf",856223,"English","# Exploring ways to measure productivity\n## Time management\n## Operating efficiencies\n## Measuring costs for greater certainty","[{\"question\":\"Why is measuring productivity important for businesses in Jersey and globally?\",\"answer\":\"The paper links productivity growth to business competitiveness, profit maximization, and long-term health, noting that it is especially important for international finance centres competing globally. It also highlights productivity as essential for the world economy overall.\"},{\"question\":\"What are two main ways the finance sector can achieve productivity growth?\",\"answer\":\"It can increase productivity by improving output per employee (or hours worked) through efficiency and technology. Alternatively, productivity can rise as a by-product of services provided to the wider economy, driven by external forces.\"},{\"question\":\"How can firms measure productivity when they lack individual employee data?\",\"answer\":\"Firms can track business-level productivity by dividing revenue by the number of full-time equivalent employees to create a cost benchmark. This supports monitoring whether productivity improvement strategies are working.\"}]","Jersey Means Business - Measuring Productivity | PDF",1789204653]