New Research Reveals Disparities of Productivity Across Countries and Sectors

Pharma IQ News

New research from the iOpener Institute for People and Performance, which analyzedresponses from over 30,000 professionals, reveals significant differences between personal productivity levels in different countries and industry sectors.  The findings also show a clear relationship between Happiness at Work and personal productivity.

The Institute measured components of Happiness at Work including energy levels, time engaged and feelings of happiness. Productivity was measured as ‘time on task’; the time that workers are actively producing outputs that make a tangible contribution to their organization.

The international average for time on task is 58.8%, but there are significant differences between the various industry sectors. The Pharmaceutical & Chemical sector is one of the worst performing sectors with 56.6% time on task but the Biotechnology sector is at the bottom of the table with 53.2%. The Food Service sector performs the best with 66.2% time on task.

Even greater differences are shown when comparing the different countries surveyed. Mexico is shown to have the highest productivity (73.2% of time on task), whilst Portugal has the lowest (43.3%).

Within both sets of data, the sectors and countries that show the highest levels of productivity also perform strongly in the measurements of Happiness at Work.

Jessica Pryce-Jones, founder director of the iOpener Institute and author of “Happiness at Work – Maximising Your Psychological Capital for Success”, notes, “Whilst broad correlations between Happiness at Work and productivity have been recognized for some time, this detailed method of analyzing the components of Happiness at Work offers organizations actionable insights to formulate practical plans to improve their productivity.”

“The sector and country results offer companies a contextual starting point; companies in the Pharmaceutical & Chemical sector can ascertain how they measure up when compared to their sector and country averages, and tailor their productivity initiatives accordingly.  With a time on task of just over 50%, there are huge gains to be made by addressing low productivity and the underlying causes of it.”

The report may be downloaded by visiting this link.

For further press information, please contact Charlie Oven at Lindsell Marketing on+44 (0)207 402 0510