Time sheet is an employee time tracking tool which records time put into a particular project. Evaluating employee performance is an essential part of an organisation. Employees want to be paid with monetary and non-monetary benefits in response to the hard work and effort they put in their job. How can a company give the employees benefits based on their performance if they have inaccurate records of employee performance. With individual performance reviews there is a likely chance of bias occurring. Employee time tracker software would have the exact amount of work an employee put in corresponding projects and allows for better evaluation of performance and bonus incentives. Timesheets are a valuable resource to track performance for the following reasons.
It allows employee to log in the time they performed on specific tasks. It gives both parties the exact amount of billable hours so that the employee can be paid for the time they spent.Timesheets allow employers to keep track on the tasks and projects the different employees are working on. This helps in weeding out low performers who are either taking too long with simple tasks, or those who are not putting in the appropriate time.
It would also help in quickly assessing new hires. Where before it would take weeks and months to evaluate the suitability of a new hire, Timesheets would cut that to a few days; giving you exact work done and would help you in keeping hires who would be able to cope with the pace of your business.
For employers wanting to try out a new software and not willing to pay can use free time sheets, to evaluate their time saving capacity.
They also help to automatically create payrolls at the end of the business time period based on the time spent by each employee, as noted in the timesheet.
Employee tracking software would keep employees active and aware of their time. It would reduce distractions because they would be aware of their time being recorded and their benefits being based around their performance. Click here to read more info about employee tracking software.
Timesheet would give employee means of self-evaluation. They will be able to see how effective they have been in a time period and would try to improve by cutting down on time spent on extra work to focus on the crux of the work. This self-evaluation and analysis can lead to an increase in performance, which would not have been accurately tracked any other way but by using Employee tracking software and timesheets.
Using Time Clock and timesheet each employees work would be recorded. The employer would give the rewards based on performance. Due to each individual having a set tracker, no individual would be able to pass their work to other employees and still expect to get paid for it. No employee would be able to ask another to punch in their attendance because the system would require secure password, not accessible by anyone else.