PodBanks positively impact Employee Productivity & Company’s bottom line
PodBanks are becoming an increasingly popular solution for companies to manage the delivery and pickup of packages for their employees. PodBanks installed at entrances such as the gate of a tech park or in the lobby of a commercial or residential building have a two-fold advantage: First, they save costs by boosting employee productivity for companies. Second, they reduce the number of external people in the building or office complex thus reducing security issues and security costs.
We will address security in a separate blog post. Let’s focus on the advantages to a company and their employees. Here are a few ways that electronic parcel lockers can save money for companies:
Image: Employees sift through parcels or wait their turn to collect parcels outside the gate
Reduced costs: Electronic parcel lockers eliminate the need for a dedicated concierge or receptionist (sometimes more than one) to manage the delivery and pickup of packages. This can save a significant amount of time and money, as the front-office staff can then focus on other important/core tasks.
Lower real estate costs: Electronic parcel lockers take up less space than traditional mailrooms and package management solutions, which can save a company money on real estate costs.
Cost-effective: Electronic parcel lockers are relatively low-cost solutions for managing packages, especially when compared to the costs of hiring and training additional employees, or leasing additional space for a traditional mailroom.
Better Image: Having high-tech solutions such as PodBanks creates a better image for the company and thus increases employee satisfaction and loyalty. This indirectly improves productivity as well as employee retention.
Increased productivity: When employees can pick up their packages at their convenience, without interrupting their work or meetings they can stay focused on their work and thus increase their productivity.
Decreased absenteeism: Electronic parcel lockers allow employees to pick up their packages at their convenience, which can reduce the number of times they need to take time off of work to receive a package. This can save a company money in the long run by reducing absenteeism during the workday.
As an example, an employee may take twenty minutes or more to perform the following steps to collect a parcel:
| Leave seat and walk to elevator | 3 minutes |
| Wait at elevator and go to the lobby | 2-10 minutes |
| Walk to the gate of the complex | 2-10 minutes |
| Show ID, sign for parcel/shipment etc. | 1 minute |
| Return to the lobby | 2-10 minutes |
| Return to the desk | 2-10 minutes |
Total: | 12-44 minutes |
| Average hourly cost of employee (Rs.20 lakh Annual): | Rs. 1,000 |
| Average number of parcels per month | 5 |
| Average cost to company per employee per month | Rs. 1,000-Rs.3,700 |
Not including the lost concentration, missed meetings and so on, this could cost a company of 1,000 employees more than Rs. 4 crore every year!
Overall, electronic parcel lockers can save companies a significant amount of money by reducing increasing productivity, decreasing absenteeism, and lowering real estate costs. With their many benefits, it's no wonder that more and more companies are turning to electronic parcel lockers as a solution for managing their packages.
