This Simple EQUATION tells you which Employees are Costing you the MOST!

5 Jun 2024 · 0 min
0:27

This short transcript excerpt captures Mike Andes explaining the "Efficiency Score" metric: Efficiency Score = budgeted hours (estimated time for a job) divided by clocked hours (actual time taken), producing a percentage that represents productive time versus wasted time (drive, unload, unproductive). Andes suggests using this metric to identify inefficient employees and customers who may need price increases.

Questions this video answers

Budgeted hours divided by clocked hours (produces a percentage representing productive time).

More from Mike

1:26
youtube.com

New Calendar, Now Easier to Search and Read | Homeworks Update

1d ago
1:08:33
youtube.com

Successful Owners Are Hardcore About Focus

1d ago
54:06
youtube.com

DAY 11 (pt 2) of Building a $1M Business in 1 Yr

2d ago
0:27
youtube.com

Not a one take wonder…

2d ago
1:43
youtube.com

Week 3: Building a $1M Biz in 1 Yr

3d ago
18:04
youtube.com

What It's REALLY Like Being Married to an Entrepreneur

3d ago
47:50
youtube.com

Is a $50K Expo Booth Worth It After 4 Years Away?

3d ago
58:54
youtube.com

DAY 11 of Building a $1M Business in 1 Yr

4d ago
34:17
youtube.com

DAY 10 of Building a $1M Business in 1 Yr

5d ago
9:13
youtube.com

We're Finally Building the HQ We Needed 5 Years Ago

5d ago
0:56
youtube.com

I’m Leaving in 6 Months

6d ago
See all content