Employee Productivity Expected to Rise Through Rest of 2009
The i4cp Productivity Confidence Index (PCI) keeps tabs on workforce productivity forecasts among organizations. The PCI is based on the degree to which companies believe employee productivity will rise, fall, or stay the same over the next six months.
Members: Download Q3 2009 PCI Interactive Data now »
Productivity Expectations Increase in Q3 2009
The PCI rose in the third quarter of 2009, from 20.3 to 22.1, indicating increasingly optimistic expectations for productivity in the coming months. As seen in the chart below, 62.0% of respondents expect productivity to rise in the coming six months, compared to only 53% in last quarter's PCI.
Figure 1 - PCI for all respondents showing a baseline score of 22.1.
PCI results by organization size
The larger the company, the more workplace productivity expectations improved; organizations with 10,000 or more employees saw the largest growth in workforce productivity expectations, increasing from 18.0 to 30.9.
Figure 2 - PCI breakdown by organization size.
PCI results by market performance
In addition to measuring workforce productivity expectations by organization size, the PCI is segmented by job level and market performance. High-performing organizations had a score of 40.9, up from 37.7 last quarter. Low-performing organizations' expectations increased from -7.7 to 0.9. The news wasn't all positive, though. Executive-level expectations dropped slightly, from 30.6 to 29.7, although expectations of supervisors, managers and directors increased from 16.6 to 18.6.
Figure 3 - PCI breakdown by organization size.
How the PCI works
The scale runs from -100, which indicates that a company expects employee productivity to decrease to a very significant extent in the next six months, to +100, which indicates that a company expects employee productivity to increase to a very significant extent in the next six months. The scoring method is shown below:
Figure 4 - PCI scoring method.
Watch our Productivity Confidence Index webinar
i4cp CEO Kevin Oakes and Steve Wexler, Director of Research Services explain the PCI and the factors that contribute to workforce productivity increases and decreases within organizations. Watch it now »
