Time tracking is an invaluable asset for any organization.
It enables the employees and the organizations to be aware of the advancements in their ongoing projects. If used efficiently, time tracking can; serve as an essential work management tool that helps in the company’s growth, streamlines workflow, and ensures financial stability.
Time tracking also helps in increasing the productivity of the company as well. With the help of top employee tracking software, organizations get a detailed overview of every employee.
It helps track who’s completing the given tasks on time, working overtime, and who’s lagging. Time management is an essential skill that helps increase the efficiency and output of an organization.
Here’s how time-tracking software is essential for increasing employee engagement and work efficiency.
Time tracking software is an effective way of reducing the wastage of valuable money, time, and resources of the company. When used correctly, it can improve the work efficiency and productivity of the employees.
With the correct time-tracking tool, you can let go of the fear of micromanaging the team. There are; some points given below; that will help you better understand how time-tracking software increases employee engagement and work efficiency.
Boosts Workforce: Is your team struggling to make deadlines meet?
Are you concerned that they’re not taking their work seriously? Well, often, that’s not the case. Sometimes, employees don’t have the best visibility of the bigger picture of the situation and are focused only on the tasks present at hand instead of the result.
Time tracking tools allow them to see the bigger picture in the scenarios and improve their focus and workforce. According to recent studies, time-tracking tools have increased employee efficiency by 80%.
Accurately tracking work hours: Manually logging in work hours at the end of each day can be cumbersome. Especially; when you have a big team working under you and giving their best every day.
Tracking the work hours of each employee is difficult; it leaves room for guesstimates and errors.
You can often fail to acknowledge which employee is putting in more effort than the rest. But with the top employee tracking software, you can get real-time reports of every employee and what they’re working on.
Back your explanations with data: Clients often want a detailed explanation of why a particular project requires a longer completion time. In such situations, not being able to provide adequate data to back your explanations can be a deal-breaker.
Time tracking software provides vital data analytics and keeps a real-time record of what the employees have been working on. It puts the organizations at an advantage when dealing with the clients while presenting; the result of the project.
Reduces cost of production: We’ve often heard of the expression ‘Time is Money, and increased employee efficiency means more work productivity which can lower the cost of production.
The outdated employee tracking software creates loopholes in the working system.
And because of such loopholes, there are unnecessary delays in work. Tracking work hours accurately; is an excellent way of reducing the costs associated with the projects. Studies have shown that using employee tracking software has increased accuracy by 66%
Improves Transparency: One of the biggest concerns; that employees have when organizations use work-management tools is the invasion of privacy. Employees are afraid that constant time tracking will invade their personal space outside of work.
BBC conducted a survey in 2018 that revealed that employees become anxious, fearful, and stressed due to constant employee monitoring. There are a lot of questions concerning the working operations of resource management software.
Time tracking tools are transparent and; can be accessed by all the employees working in the organization.
Each employee can get a detailed view of their work and wages. Employee tracking can be a concerning term for the employees, but if the leaders communicate and explain the process to them, the organizations can gain a lot more.
Improves Accountability: Employees are more focused at work when they know they’ll be held accountable for their actions. Time tracking software tracks every minute of the hour; that employees spend working on the projects.
When employees are held accountable for their activities, they have a heightened sense of responsibility and are less likely to procrastinate and slack on their duties.
Employee tracking software is a great way of managing work schedules as the employees get a detailed view of the plan and can prioritize tasks accordingly. But, improper use and lack of communication with your team can make you seem like a micromanager.
Ensure that your team is well aware of the workings of the time-tracking software and encourage them to participate in the working system. If you’re looking for a management tool, visit the eResource Scheduler, which offers solutions for your time management problems!