Apr 10, 2024
Time sheets come in an array of formats. From handwritten papers and punch cards to typed spreadsheets and automated time clock systems, you have options. All that matters is that you find a time sheet style that is clear and concise for your company. This will greatly improve your company's ability to manage both in-person and remote teams by ensuring that everyone remains consistent while following the same practices no matter their role in the business.
What are the benefits of a time sheet policy?
There are three main benefits of a time sheet policy:
How can time-tracking tools benefit those in the workplace?
With time-tracking tools, you can help structure the daily work schedules of employees. These tools can also make it easier for your employees to stay focused and improve their productivity levels. They can also emphasize a healthy work-life balance.
By establishing clear and accurate records, you can make sure remote employees uphold their work-related duties. Since they are not in the office around managers who can check in on their work, time-tracking tools can ensure that everyone is putting in the appropriate and contractually agreed-upon number of work hours from home.
Also, by collecting information about the amount of time each employee allocated toward specific tasks, you can gather honest and objective insight into your company's workflow. With time-tracking solutions, you can create records while making sure that your business remains in compliance with applicable laws. Ultimately, time-tracking tools ensure accountability across the board.
The many processes that time-tracking software automates
When you implement the companywide use of time-tracking software, you can automate an array of processes. Utilizing time clock software for your remote team mimics the clock-in and clock-out process of a physical office. This type of software generates a visual timecard for each employee, making it easier to track the time each employee spends working.
This system allows you to easily review your team's timecards on a single screen as well. It can facilitate the identification of missed punches and errors. Plus, timecards can be viewed on a weekly or monthly basis. You can also review this information every pay period basis. Ultimately, this type of software has features that allow you to instantly identify the employees who are approaching overtime, which can yield significant cost savings over time as well.
Mobile app versions of this type of software are also available. Since unplanned overtime can inflate labor costs and affect the cash flow of your business, physical and mobile apps alike can help you calculate paid time off in a streamlined manner through the use of spreadsheets.
With 24/7 mobile access to timecard data thanks to online employee time sheets, your company will be safeguarded against time and wage theft claims because this process will maintain a secure and accurate record of all hours worked across the board.
In terms of time theft, this refers to situations where employees are compensated for time that they did not work, which can occur when paper time sheets are punched inaccurately. This can stem from intentional hour-padding and rounded-up hours or forgetfulness; these behaviors can contribute to increased costs on part of the company.
Wage theft risks can be mitigated by storing time sheets in an online time and attendance system. Make sure it is protected by secure time clocks. Also, grant real-time access to both managers and employees alike. This will also help you ensure compliance with the Fair Labor Standards Act, which mandates the recording of daily and weekly work hours.
It can be hard to not only create but also maintain high levels of engagement among remote employees. However, it's not impossible. By putting a proper time-tracking system in place, you can successfully operate your company while prioritizing productivity levels and increasing your annual revenue for years to come.
©2024
Jul 31, 2025
Employers conduct exit interviews with departing employees during the final days of offboarding. If done right, these interviews can be a source of valuable information to help the company improve.
Jul 30, 2025
One of the most important ways for an employee to feel valued by their company is to receive a salary increase. This also helps with retention! Read through for ideas on deciding how much of a salary increase should be awarded to your employees.
Jul 29, 2025
Business owners lose about $50 million a year to employee theft and fraud, according to the U.S. Chamber of Commerce. Read through for a glimpse at some of the many ways employees could be stealing from you.
Jul 28, 2025
The recently passed law has a lot of complex provisions, which have led to a lot of misinformation! Fortunately, the IRS has just published a guide to many of the new rules. Read through to read about them, so you can discuss them with your tax advisor.
Jul 03, 2025
When you provide workers with additional benefits on top of their regular pay, some may be taxable. As the rules can get complicated, it pays to familiarize yourself with the requirements. Read through for an overview of which benefits are taxable.
Jul 02, 2025
Disputes over unpaid work time often arise from tasks performed outside official hours — for example, answering emails, traveling between jobsites or changing into work clothes. Employers must understand when these activities count as compensable work. Read through to learn how exempt and nonexempt statuses affect wage obligations.
More News & Press can be found in our Archive.
