Definition - What does Methods Time Measurement mean?
Methods time measurement, or MTM, is a strategically-designed formula for analyzing, coordinating, and implementing specific task(s) oriented around a particular job function following the parameters of scientific management. Initially, Frederick Winslow Taylor introduced a dynamic approach in measuring worker’s efficiency and productivity by utilizing stopwatches to determine overall job performance in different industrial settings.
SureHire explains Methods Time Measurement
Traditionally, companies rely on a synergistic relationship between management and employees to streamline labor production at an optimal level to maximize output. The Industrial Revolution marked a trendsetting period where the exponential growth of many small businesses into a macrocosm of far-reaching companies required extensive oversight. Frederick Taylor was hailed for pioneering scientific management, laying the groundwork to recognizing the cumulative impact of having a workforce meet job demands.
With this objective in mind, labor costs are part and parcel of the amount of time surrounding diverse work tasks that ultimately reflect an employer’s status to keep a consistent business thriving. For this reason, scientific management serves as the foundation in helping companies plan and train eligible candidates to reach optimal standards tailored to maximize labor production. With MTM-based procedures in effect, predetermined data operates as a definitive tool in highlighting discrete elements, or numerical units, that represent a quantifiable timeframe to complete the assigned task(s) at hand.
Although the original MTM-centered model was relatively impersonal, focusing exclusively on company efficiency and output against immediate concern and input from personnel, many employers have since integrated current methodologies where ergonomic control is a priority. Hence, practical ergonomics provide a mainstay in limiting work-related musculoskeletal injury incidents that lead to decreased productivity, adversely influencing a company’s bottom line.