Timekeeping is a practice that many people in the business world may not fully understand. For employees to report time worked, companies require timekeeping by software or manually. Professionals may see this as a negative aspect of working for a company, but there are several reasons why recording working hours is beneficial.
Read on to find out what fair performance appraisal and timekeeping have in common, and why it's a win-win. Whether you're an employee or an employer, you want to be fairly compensated for your time and effort. Both parties may feel resentful if they are not getting what they deserve in terms of pay and other benefits. Fortunately, automatic timekeeping will help ensure fairness at all levels of collaboration — not just within one company, but across the business.
What is automatic timekeeping?
Simply put, timekeeping is the process of tracking time during the workday. Usually, for this, companies use software that allows them to record the exact amount of time employees need to complete a project or a specific task. Timekeeping is used in many industries and different areas. Some companies require team members to keep timekeeping, while others allow it to be done voluntarily.
Why does timekeeping matter?
Employees deserve to be compensated for the time and effort they put into the company. This is why timing is so important. Without taking into account working hours, it is difficult to determine how much an employee should be paid on an hourly basis. Timekeeping may become necessary if the employer wants to comply with government regulations.
In addition, automatic timekeeping will help employees better understand their workload and schedule. This will be useful for people who work multiple jobs at the same time or have difficulties with time management. Timekeeping also benefits employers as it makes payroll easier. Having employees log their time regularly can make payroll much simpler and easier for both parties. For the manager, this is an opportunity to track the time needed to complete the tasks and to be informed if the project implementation deadlines are violated.
The importance of timekeeping working hours
The time log contains a detailed report on what exactly employees did during work. It can include information such as the start and end times of work, as well as any breaks during the day.
Yaware TimeTracker generates more than 15 reports that help you learn not only what programs and sites employees used, but also the level of productivity, who was present and absent at the workplace and for what reason, structures the information in the timesheet, and sends reports to e-mail according to the settings.
Timing is necessary if employees cooperate with the company remotely. Daily or even hourly timekeeping can seem like a chore. However, it can be very beneficial in the long run. This will help employees plan their time more effectively and avoid confusion and misunderstanding. Employers will primarily benefit. To better understand the workload and schedule of their employees, they don't need to be in the office all the time or check if all team members are online when working remotely. The program for recording working hours is automatically turned on, records the activities of employees, turns off, and generates reports that are updated every 15 minutes (this is how Yaware TimeTracker works).
Is it fair to calculate wages according to timekeeping?
If several employees in a company receive the same salary, their effort and interest in work can vary significantly. This especially applies to government institutions or employees with the most experience in a specific company. Managers in such situations need additional tools that will show an objective picture of what is happening in the team and will serve as an incentive to improve the performance of each employee.
Read more examples of the use of the time tracker in the company at the link.
Of course, the number of hours worked is not a basis for counting work as productive. If a person spent 8 hours at the workplace, but the results of the activity “want to be better”, it is precisely in such a situation that timekeeping is used.
Timing is a necessary part of the work process. It can be a great way for employers and employees to track how much time is spent on projects and what budgets are required.
An uneven workload on employees affects not only the results of the company's work but also the motivation of employees, satisfaction with wages, burnout, or loss of interest in the work itself. To prevent this from happening, companies use software to track working hours. This way, employees will know that they are getting paid according to their efforts, and managers can share the workload evenly.
To find out how to schedule working hours in your company, follow the link.