A recent publication has made some waves for its take on time tracking for employee and workplace monitoring. The publication titled “the spy who fired me”made an argument that time tracking for employee and workplace monitoring software has taken a toll on a life of its own. Despite making some valid discussion about the hazards of Employee scheduling software.
The time tracking and Employee scheduling software are portrayed as a very one-sided tools business to use in eliminating costs at the expense of their employees, and using the employee’s data from being classified as full-time or even receiving benefits.
That just part of the story!
The abuses of time tracking program do occur and good employees maybe the one to pay the price. However, when ethically and properly used, employee scheduling software can be very beneficial to employees and employers alike.
Here are some of the ways time tracking for employees can benefit both parties:
The more you know:
The modern workplace has one valuable commodity and not a person’s labour, but the knowledge they possess. Industries have become more specialised and caused in virtually every worker being a gen worker.
For an average company, it is very challenging to understand how such a worker contributest the business’s bottom line.
Proper time tracking for employee’s software can help companies comprehend and account for the aids of each employee, despite the more stimulating metrics by that those contributions must now be measured.
A project of future’s Past:
This another significant benefit of time and projects tracking is having a clear understanding of the true cost of a given task or projects.
By proper tracking of past projects, a business will be more accurately predict the cost of future projects. This is a where appropriate time tracking for employees can make a difference. It in turns boost to reduce the risk of the business accepted over budget or losing money on a project. Check out more details here: https://smallbiztrends.com/2014/09/tips-for-tracking-employee-time-effectively-in-your-business.html
Can build it, We have the technology
A commonly overlooked benefit of proper time tracking for employees and project tracking is better reserve allocation.
For example, a company may have a customer with hog’s resources, ties up the best personnel and makes a pest of themselves. Although the company maybe who advocate letting go of such clients in the quest of less problematic ones, the time and project accounting may show such a customer takes up 20% of the company resources.
The same would generate 40% of the company revenue, and the data may help everyone have a new found appreciating such clients.
Another aspect of company resources allocation is proper logistic support.
Not just another assembly line automation
This another benefit to explore from time tracking for employees is the time, and effort saves companies payroll and billing operations.
Avoid manual processing of time sheets, the time tracking for employees software can fully automate the process. This will significantly save as the payroll personnel avoiding waste valuable time consecutively down mistakes or prompting employees to submit time sheets.
Lastly, everything is cool when you are part of a team. Time tracking for employees can be a valuable tool a company can use to use to streamline operations, advance estimates and appropriately allocate resources.…