A regular office-goer works “nine-to-five.” We all know that. Then what is the need for tracking the hours? Because now, neither the hours are fixed nor the workspace. People are busy working from home for prolonged hours, which makes tracking the worked hours even more necessary today.
Time tracking has been in the regime for a long time now, and its boundaries are not just limited to mere payroll activities. Time tracking is very important task for any organization, and in this article, we will delve deep into the process.
Why is time tracking important for employers?
For paying the Salaries (plus OverTime)
Employees work hard to accomplish the goals of the company, and they must be paid accordingly for every hour that they had worked. Shifting to the office workspace looks farsighted, and therefore, software like xTimesheet can monitor the tasks.
Employees can fill in the timesheet mentioning the hours invested in each project.
You can quickly generate an excel sheet for a detailed report and know about an employee’s worked hours and other work-related info right on your device.
Features like charts and graphs hand easy statistics which make salary computations easier.
Continuous time-tracking ensures reliable data.
Every hour that an employee works beyond the dedicated schedule entitles him/her to an OT, and he/she can easily claim it on the basis of the xTimesheet report.
Prevent time-theft
Studies show that people waste almost 8 hours a week. This might lead to reduced productivity and a substantial increase in the expense report.
No more Proxies! Proper time tracking methods will put a stop to buddy-punching.
Why is time tracking important for employees?
Keep track of the time for menial tasks
The extended work hours have resulted in the addition of work out of the job description. Therefore it is necessary to track each activity so that employees can have proof if their primary duty gets hampered.
Organize Productivity
Using software like xTimesheet will help the employees to keep an eye on their productivity. The analytics used in xTimesheet will indicate the areas which need improvement, and an employee can work on his/her growth accordingly.
“The most efficient way to live reasonably is every morning to make a plan of one’s day and every night to examine the results obtained.”