Today more than ever, organizations rely on engaged employees to thrive. It can take significant effort to get employees excited about their work. However, the payoff can be huge. Organizations with engaged teams are 21% more profitable. In contrast, employees who are disengaged cost companies up to $500 billion yearly.
Business leaders can improve employee engagement by using time tracking software. Time trackers quantify performance and productivity, which can provide key insights into how people work. When you know how your team spends their time, you can assist them in boosting their performance and productivity. In this blog we will cover a few ways how time tracking can help increase engagement.
Produce timely and accurate payroll processing
Late or incorrect pay is a surefire way to decrease employee engagement. Using time tracking software can help ensure payroll is accurate and processed on time.
These tools come with online timesheets and digital time calculators that automatically record attendance and calculate work hours. This saves managers from having to process benefits manually, which takes time and can create errors.
Time tracking software can also integrate with payroll systems. Not only can this help reduce errors, but it also speeds up the process.
Allow for flexible working arrangements
Flexibility at work can boost employee morale and reduce stress levels. Employees are also able to negotiate a better work-life balance when working arrangements aren’t so rigid. Whether it’s working from home X days a week or working variable shifts, allowing some flexibility builds trust and also increases commitment.
Cloud-based time tracking helps companies manage flexible work patterns. For example, modern time clock features allow employees to sign in anywhere. Also, a time capture feature helps managers keep an eye on time cards and who is on the clock. Not only does this help ensure that work stays on track, but it also helps prevent employees from overworking.
Make business processes more efficient
Companies need to review their business processes regularly to ensure that they remain optimal. Inefficient processes damage morale, which affects employee engagement.
The first step in improving business processes is to identify what needs improvement. Performance and productivity are often the first aspects to decline when a process becomes ineffective. The main function of a time tracking tool is to monitor employees’ hours worked for accurate payroll. Managers can also use tracking data to invent effective ways to optimize workflows.
Protect employees against burnout
There's a strong connection between employee engagement and wellness. Healthy workers are happier and show higher rates of job satisfaction. One of the biggest threats to employee wellbeing is burnout.
When it comes to burnout, prevention is key. It’s much easier to take steps to prevent burnout from occurring than it is to try to treat burnout. Time tracking tools can help employers spot burnout early. For example, time data can show when an employee is working more overtime hours than usual or working on the weekends. If burnout is the result of insufficient resources, managers can also use tracking data to negotiate for additional resources.
Boost morale with employee recognition
An easy way to drive engagement is to recognize the achievements of your employees. Workplace recognition makes employees feel valued for their work.
Managers can use time tracking to ensure that employee efforts don’t go unnoticed. For example, you can find out who completes projects early or sticks to scheduled hours. You can also spot who is creating innovative ways to work effectively.
Reduce the need to micromanage
Time tracking apps allow business owners to find a balance between keeping an eye on their employees while still encouraging independent work.
When employers micromanage, it can cause a breakdown in trust. Without trust, employee engagement often suffers. When leaders empower their employees to be independent workers, it increases those employees’ sense of duty.
Since time tracking tools give managers and businesses owners detailed insights into their team, they are still able to assist team members in achieving their goals.
Identify training and development opportunities
Companies often see a higher level of employee commitment when they offer chances for career development. For a training program to be effective, however, it needs to meet a learner's needs. Making your team learn skills they are unable to use at work can be demotivating.
Employee time tracking systems can help find competency gaps within your team. For example, time tracking data may reveal that while your sales team makes a high number of sales calls, they struggle to close deals while they are on the clock. So, in this case, offering negotiation classes would be more useful than a sales class focused on finding leads. Perhaps this is something you would have never discovered if your employees’ hours weren’t being tracked to compare to their production.
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