Work-Life Strategies & Solutions

On the Evolution of Work Systems in the Digital Economy

Tag Archives: labor costs

Time Tracking—Best Practices and Mistakes to Avoid

At first glance, tracking employee time seems pretty straightforward. Your employees simply denote the hours they were at work on a timesheet, or punch a time clock and turn their time cards in at the end of the week or month. What could go wrong? 

As it turns out, a lot. The ability to accurately track employee hours is one of the most important tasks a business undertakes. Timesheets and time cards provide invaluable data to your business regarding how efficiently you use employee time, your labor costs, and areas for productivity improvement. 

For big and small businesses alike, finding ways to make your time tracking both easier for employees and managers is essential to improving margins, accurately bidding projects, and ultimately running a more successful company. 

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