Time tracking woes? You aren’t alone. Making sure your payroll is correct weekly requires some hard work. It is possible to simplify these tasks and these four tips will make these tasks less dreadful.
1. Time Tracking in Important
Whether you only have hourly employees, salaried, or a combination of both, maintaining accurate time tracking records is key. By accurately tracking time, you will gain invaluable insight on your company’s efficiency, and profitability, as well as the need to hire.
2. Develop a Simple Process
Waiting until the end of the payroll cycle to input everyone’s time, or to check for errors makes for a long day. Chances are you need to accomplish other tasks throughout your day and saving all that payroll for the last minute is a recipe for disaster. Establish an easy to follow process that enables you to input time records daily or weekly to minimize the headache.
3. Technology might be the solution
If you are still using Excel spreadsheets, it may be time to look for some new software that will minimize the time needed. There are many different time tracking options available, whether it be on the web, or having a physical clock for employees – it may be the something to look into to alleviate time tracking headaches.
4. Consistency is key
Staying up to date with your time keeping help immensely in the long run. Some months can get really busy, but making sure you are always up to date with employee time keeping will save you unnecessary, heaps of work.