Cost of Average
Unskilled / Semi-skilled Workers
- Average workers output = 19% more than Non-producers
- Superior workers output = 19% more than Average
- Superior workers output = 38% more than Non-producers
Skilled Workers
- Average workers output = 32% more than Non-producers
- Superior workers output = 32% more than Average
- Superior workers output = 64% more than Non-producers
Management / Professional Workers
- Average workers output = 48% more than Non-producers
- Superior workers output = 48% more than Average
- Superior workers output = 96% more than Non-producers
What if this were your organization?
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- 50 Unskilled/Semiskilled Workers who are Average Performers
- Average Salary of $20,000 per year = $1,000,000
- $1,000,000 x 19% = $190,000 in lost production
- Average Salary of $20,000 per year = $1,000,000
- 25 Skilled Workers who are Average Performers
- Average Salary 0f $40,000 per year = $1,000,000
- $1,000,000 x 32% = $320,000 in lost production
- Average Salary 0f $40,000 per year = $1,000,000
- 10 Management/Professional Workers who are Average Performers
- Average Salary of $60,000 per year = $600,000
- $600,000 x 48% = $280,000 in lost production
- $600,000 x 48% = $280,000 in lost production
- Average Salary of $60,000 per year = $600,000
- Total Loss in production of $790,000 (it doesn’t pay to settle for average!)