Difficulty in the communication process between employers and employees can lead to a loss of work. When an employer needs to explain how to complete a task, it takes time out of both the employers and employees daily schedule. If the employer is not successful in communicating the task at hand, the employee will not fully understand their duties and as a result may not complete that task as directed. This can also lead to a single task needing to be done more than once. This communication barrier costs companies time and money.
Let’s look at how improved communication and understanding among employees can positively impact an employer’s bottom line. The chart below focuses on a typical Porter or Housekeeper position. If you improve communication through Speak it in Spanish by 30 minutes per workday, the company realizes an additional $2,325 per year in employee productivity and efficiency.
| Annual Salary | $31,000 |
|---|---|
| Taxes & Benefits cost at 30% |
$9,300 |
| Total Salary & Benefits | $40,300 |
| 30 minutes/day | $10 |
| Annual Savings | $2,325 |
| Annualized Time Saved on Improved Communication |
Porter Housekeeper $40,300 |
Service Manager $62,400 |
Service Technician $50,700 |
Leasing Consultant $46,800 |
Assistant Manager $58,500 |
Community Manager $84,500 |
Annual Team Savings on Improved Communication |
|---|---|---|---|---|---|---|---|
| 15 minutes/workday/year | $1,163 | $1,800 | $1,463 | $1,350 | $1,688 | $2,438 | $9,900 |
| 30 minutes/workday/year | $2,325 | $3,600 | $2,925 | $2,700 | $3,375 | $4,875 | $19,800 |
| 45 minutes/workday/year | $3,488 | $5,400 | $4,388 | $4,050 | $5,063 | $7,313 | $29,700 |
| 60 minutes/workday/year | $4,650 | $7,200 | $5,850 | $5,400 | $6,750 | $9,750 | $39,600 |
*Annualized (240 workdays/year; 2 weeks vacation; 10 holidays). Average salary calculations include an additional 30% for taxes and benefits.
Click on image to enlarge