Labour costs and employee productivity are critical components of any business. As companies grow, the processes of tracking working hours and accounting for absences and holidays can become daunting. Errors in tracking employee time can result in overpayments, confusion, and lower employee morale.
Using time tracking software can help your company to save capital, plan your tax and expansion strategies, and make the most effective use of your workforce. As well, having simple time tracking at a glance and the push of a button makes keeping in line with relevant laws far simpler than it used to be. Even morale can benefit from this kind of software, provided it is used correctly and kept as simple as possible.
We have come a long way from the time when monitoring employees involved a manager looking over their shoulder to make sure work was getting finished. Today, that employee monitoring may involve elaborate software with a form of intelligence. It is an automated way to watch and analyze your employee's behavior during their paid working hours. Different kinds of working conditions will require different kinds of tools for tracking employees.
Topics: time tracking
Improper tracking methods can lead to a host of issues that can certainly cost you money. These improper methods can lead to loss of income, mismanagement of resources, and even expensive court litigation.
- Using Manual Tracking
Are you using manual tracking methods like a spreadsheet or worse, pen and paper? Manual tracking can cost you a ton of money over time, as it can fall victim to any of a number of problems and errors.
Topics: time tracking
Sick days are inevitable yet the way businesses tackle sick days varies drastically by industry and company. Determining the best way to serve your employees and your business with sick days requires a system that’s both flexible and optimized for your own employees and business. Consider the benefits and drawbacks of each of these commonly used sick day systems to determine which would work best for your company.
The company water cooler used to be an iconic space for employees to gather and relax but the obsession with productivity has removed the water cooler and left employees strapped to their desk for eight hours a day. Employers are now realizing that it's time to reinstall the water cooler and encourage employees to take small, frequent breaks not only for their own sanity but for the benefit of the company. These are just five of the dozens of reasons that employers need to actively encourage their employees to take small breaks throughout the day.
Seventy years ago, it wasn't uncommon for doctors to make house calls. In rural areas and big cities alike, the healthcare industry was a nomadic career that required attending births and caring for the sick in their own home. Today's healthcare landscape may look different now but an aging population coupled with out-of-control spending in inpatient institutions makes in-home care an attractive and necessary option for tomorrow's healthcare industry. As the healthcare industry transitions from the hospital to the home, healthcare leaders need to start considering how to manage these changes effectively and time keeping is the perfect place to start.
With the average employee stealing 4 hours and 5 minutes every week, getting a handle on your timesheets is essential. Yet many businesses don't realize that this immense cost can take almost five percent of their own payroll expenses annually and may be easier than they think. Stop time theft today by identifying these six ways your employees could be manipulating their timesheets.
How much environmental damage are you doing with your time tracking system? Whether you're depending on excel spreadsheets or paper punch cards, employers who are looking to reduce their carbon footprint can start by changing to an automated timekeeping system. Not only do automated systems help employees stay compliant with company procedures, but they also reduce unnecessary waste. Consider these reasons to start your green initiative with an overhaul of your timekeeping system.