Why Companies Need Employee Time Tracking

Why Companies Need Employee Time Tracking

Benjamin Franklin said ‘Time is money’. While the saying might be old, it is very much applicable in today’s business world. Time seems to be slipping. People are trying to do more in less time. By the end of the day, many wonder where the time went, because they still have so much to do and so little time. This is why time tracking is of vital importance in today’s business world.

A doctor once shared an instance of how she had to close her clinic because all the nurses that were hired had spent more time on the telephone than paying attention to the patients. The doctor had no way of tracking her nurses and only knew of the problem when the patient complained to her about it. This instance raises the question of how can you as an employer can pay for an honest day’s work, if you have no idea what your employers did. Companies need to have time tracking tools to assist them in the evaluation of their employees work. Following are some reasons why companies should use time tracking.

Cost calculation:

Labour is one of the most expensive resource for a company. A company needs to know that it is paying for work rendered. Companies need to know in real time what work was done by employees and for how long to accurately calculate payrolls and salary. With Employee Scheduling Software employee’s time is tracked in present to specific minutes. This allows company to have access to all costs to estimate benefits, decide on future projects and helps with decision making.

Less invasive monitoring:

Employers have been keeping track of their workers output since the time of Ford. While personal monitoring was deemed invasive, employers still need to know what employees are doing with office time. Employee scheduling software helps record what work was done, when and for how long on a computer. Time Clock tell employers whether employees are on time, how much work was utilised in which task and how much time was spend not doing anything at all.

Work distractions:

Most employees want to work. The above example looked at a rare extreme case. Still, with internet on phone and continuous access to social media, workers find themselves distracted even when they don’t want to be. Time Sheets allow employees to manage their work load and keep them free of distractions. Time Clock can help them keep track of how much time they spend on a task to finish the work in the allotted or necessary time frame.

Why Companies Need Employee Time Tracking

Time for breaks:

An employee cannot work consecutively 9 hours a day without mental breakdown. Time Clock and Time sheets can help employees evaluate how much time a task is taking and whether free time can be taken out to relax without delaying or disrupting the project. This allows employees to feel refreshed when they get back to work and gives employers the confidence that despite the free time taken, work is being done. Get to know more!

Use Time Tracking Tools to Get Your Business Off the Ground

Use Time Tracking Tools to Get Your Business Off the Ground

Wondering what your employees are doing in office hours? Don’t know how they spend their time? Don’t want to be the mean boss hovering over their shoulders all day? Well, the answer to all that and more is to use simple time tracking tools to help your business run smoothly and effectively; keeping an eye on your employees time and still giving them the freedom they crave. Depending on the type of business you have there are different time tracking tools available; online employee scheduling software, free time clocks and time sheets to name a few. Below are some advantages of these tools that can help your business.

Payroll issues:

Every company needs to set the salary of their employees. More than that there needs to be incentives based on hourly work done or total work done during the year by the employees. If a business is not sure how much time the employees put on doing what project, if they are not aware of how much extra time was taken by employees, then how can they accurately and justly assess their bonuses, or payrolls (based on hours)? Free Time sheets can help employees fill out work that they did in particular time, so that over time work can also be added, to help evaluate payroll and bonuses.

Billing Clients:

How can you bill your clients appropriately if you are not sure of the number of hours put in the particular project? Employee scheduling software help your employees set a time of the tasks and the time it took to perform them. It allows you to bill the client exactly how much work and time was put into the project. This can also be used as proof against any misconceptions during the payment phase. Employee scheduling software is also very easy to use and is unlikely to irk your employees with their cumbersome nature.

Time Management:

Are your employees slacking off? A Time Clock may just be the thing you are looking for. It allows the employees to time in and out, so that they and the company know their schedule. It also keeps the employee alert, because they are aware that they are on a deadline. With the clock in front of them, they can keep track of the work they are doing and how long it is talking them. It helps prioritize work, and helps manage it effectively.

Employee Feedback:

Use Time Tracking Tools to Get Your Business Off the Ground

Through time trackers, you will be able to better evaluate our employees work and output. This will allow you to give them better feedback, and help them improve in areas that they may be lagging behind. It allows employers to know how and where there resources are being utilized, so that credit may be given to the person best deserving of it. With Time Sheets and Time Clocks, no employee would be able to pass their work to someone else, and receive credit, because all work output of each employee would be recorded and analyzed separately.

Time Tracking Software: Freelancers and Business Owners’ Work Buddy

Work From Home

When we think of Time Tracking Software, the first thing that comes to mind is keeping track of employees. While it is a useful tool for tracking employee time, it usefulness extends to Freelancers and Business owners as well. Most freelancers would ask why they would need a time tracking software, when they manage and set their own time. Business owners would protest that they have secretaries, employees, and their trusty daily schedule dairy, to keep track of their work. I say why not make your life easier and have one tool to manage and track your time, rather than doing work on a whim, or having 5 people tell you what you have to do next. I have detailed below advantages for time tracking software for Freelancers and Business Owners.

Freelancers:

For a freelancer work is solely paid on an hourly or fixed basis. Everyone has deadlines but freelancers have the ability to set their own deadlines and hourly work. If a freelancer is not aware of how much time each work, each task is utilizing, how can they accurately assess the time they would need to finish a project? Time clock would allow them to clock in and out to calculate the number of hours they worked for payment for the time worked.

For freelancers dealing with multiple projects, Time sheet calculator would help them map out the work they have done and they work they need to do further to better understand which projects they are behind on.

Time Clock would also help freelancers calculate which project is taking more time, so that time can be taken out to manage and finish work. It helps freelancers keep track of multiple deadlines with notification if a deadline is near, and Time Sheets to analyze the work that needs to be done or an urgent basis, and that which is important.

Business Owner’s:

Business owners have need many people keeping track of their time. A modified Employee scheduling software, would take over the work of a secretary and allow you to make a schedule of the work done, work that needs doing, and the work being done in present time.

Time Clocks can be used to keep track of your work, so that time does not get away with you. It would help with time management. Notifications can also inform you of your next appointment, and deadlines for different projects.

Work From Home

These tools are available at a price and their free or trial versions are also aware. You can cut down your cost by removing manual work done by different people and putting just the cost of the software.

There are also software that can reduce the need of a full time personal accounting clerk. Online apps would keep track of the money being transferred and would create automatic invoices.

The software available can also automatically compute monthly income and generate amounts that need to be paid for personal tax. It makes taxing easy.

Time Tracking Software to Keep an Eye on Your Employees PTO

Time Tracking Software to Keep an Eye on Your Employees PTO

Are you having trouble keeping records of your employee absence? Having trouble calculating their Paid Time Off? Keeping track of employee’s day offs and calculating how many days each employee has left can be hard. Especially if you are a growing company and have to manually record all the data. With the Time Tracking Software you won’t have to do anything at all. Add your employee’s on the system and it will calculate how many days paid leave employees have, how many they have used, and how many are still remaining. There are many time tracking software available on the market today, below are some examples to help you evaluate their usefulness.

Benefits:

This software is specifically for helping manage absences, time offs and paid leaves. It allows the employee to request time off digitally, and the employee can accept or reject with a click of the button. It allows company to set the PTO policy of their choice, and to manage employee time with ease. The time clock embedded in the software keeps employer updated on each of their employee clock in time, clock off time, number of hours worked that day and number of hours worked in a week. Time Sheets clearly show to the employer what the employee has done and allows them to give employees permission to work from home, because they can keep track of their movements.

T-Sheets:

This is a software that can be downloaded and managed on different platforms like mobiles, laptops, notebooks, notepads etc. It gives employee’s access to online Time Clocks which they can use on their phone to log in and out, when they are working. Employees having manual work outside office can get the most benefit because this software would help them track their time in present, rather than having to get back to office at the end of the day and spend extra time just writing down what was done that day. This software not only tracks and manages employee’s time, employee scheduling software will help you calculate time off to the number of hours, if so desired.

Time Clock Wizard:

This is a free time clock and employee scheduling software. It also allows employers to track their employee so that work missed due to unpaid leaves can be covered with extra time. The use of Time Sheets allows employers to keep track of overtime. The software itself calculates employee’s time offs, leaves and absences, to generate monthly payroll and time off benefits.

Time Tracking Software to Keep an Eye on Your Employees PTO

Time-Off Manager:

This software solely manages employee’s PTO. It can be used by three different people in the organization; admins, employees and managers. On requests for time off, it generates emails to all users when they are rejected, accepted or cancelled. It allows for open communication within the organization where everyone is aware of the absences of the day. No time is spend by administration or other employees looking for ‘Person A’ who is on leave, since notification is send to everyone.

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