Why Use Employee Time Tracking?
Employee time tracking has evolved since the days of punch cards. Now, innovative time tracking software allows managers to easily record and verify employee hours. But the benefits to time tracking go beyond streamlined payroll procedures. Read on for why you should consider time tracking in your workplace, even if your employees are salaried.
Why Use Employee Time Tracking?
Track Employee Productivity
With employee time tracking, managers and workers themselves can gauge employee productivity. When people are able to track how they spend their time, they are more motivated to eliminate inefficiencies and complete work in a more timely manner. In addition, managers and employees can monitor their tasks to know know if they are spending too much (or too little) time on their projects, depending on the scope and project cost.
If certain tasks often take longer than their budgeted time, managers and employees can work to identify the best course of action, such as delegation or outsourcing. Employees can also use information from time tracking to increase productivity by changing their work habits.
Create More Accurate Project Billing Estimates
Time tracking not only gives you data on employee work hours — it also gives insight into actual project completion time. Thus, you can use time tracking to more accurately price your products and services. If you work on a fixed fee, you can use time tracking to monitor the budgeted time for your project as well as its cost, which will help your employees spend the right amount of time on each task.
In turn, time tracking will help you provide more accurate prices on future projects. If you use time tracking to gauge how much time your employees spent on similar projects in the past, you can give better project estimates to new clients. This will help with your bottom line.
Ensure Your Staff Isn’t Over (or Under) Worked
Time tracking will prevent your employees from being overworked. Managers will be able to monitor employee tasks and view the average times spent on specific projects, allowing them to better delegate work in the future. Time tracking will show when employees work over their scheduled hours, helping managers know if they are understaffed — and who might be a good candidate for a raise!
On the same hand, time tracking can reveal if a workplace is overstaffed. If many employees are constantly beating their deadlines and still producing great work, this could indicate that projects are being spread too thin. It may be time to reallocate employees and shift workloads to better fit company needs — and maximize employee wellbeing. Time tracking data can also help with this process — managers will be able to see which departments are productive and which ones could use more help.
Improve Building Systems
Another bottom line benefit to time tracking systems? Data from them can be shared with building operators to help them determine the best schedule for the building’s automation system. HVAC systems and lighting can be coordinated with employee time tracking so that the building systems are only active when they need to be. Using typical patterns recorded in the time tracking, your building operator can adjust the systems as needed, saving your company money and energy.
Get Advanced Employee Time Tracking With ACS Electronics
At ACS Electronics, we offer cutting-edge time tracking systems that will help you monitor employee productivity and workloads, adjust project budgets, and cut down on energy costs. Let us help you select the best time tracking solution for your needs, then help with systems integration.
For more information on time tracking and other services we provide for smart buildings, contact ACS at (913) 248-8828 today.