Pros and Cons of Employee Timesheets in the Workplace
Tracking time is crucial for improving efficiency and productivity at work. It sometimes creates dissatisfaction amidst employees to stick to a certain amount of time. In this post, check out the pros and cons of employee timesheets.
Pros of Employee Timesheets
1) Helps schedule tasks
Tasks can be scheduled to fit in the time slots of timesheets. It tells how much time employees take for the completion of their work. In fact, timesheets help allot time properly according to employees’ efficiency. By noting time details, a team lead or manager can meet deadlines on time. It is also easy to trade shifts when you have a timesheet policy.
2) Proper Payroll Management
Tracking time through timesheets reduces the work of the HR team to keep track of employee’s daily activities or leave requests. They can now spend their time in more productive work. When there are performance discussion meetings, an employee can show what they have done during each day contributed to a project’s success. This helps to give bonuses or increments according to the performance of the employees.
3) Improve Productivity and reduces costs
Timesheets help record and keep proper track of time. The productive and non-productive hours are now accounted for. This will improve the efficiency at work by reducing the off hours at the workplace. You can also learn which employees are contributing more productive hours and leading to revenue generation of an organization. By calculating the non-productive hours, this reduces the costs associated with it. In fact, it also reduces the payroll management costs.
Cons of Employee Time Sheet
1) Employees have less flexibility
When employees have to strictly follow a timesheet, then they have less flexibility. Some employees stay for a longer duration than normal hours when there is more work to do, but they can also leave earlier if they have finished ahead of schedule. Flexibility in a business is given to those who are trustworthy and know how to adequately use their time.
2) Increases efficiency
Employees have the responsibility to maintain their own work ethic. This gives employees the chance to use creativity, without always sticking to the same boring routine each day. If an employee is happy at work, this will show through their productiveness and qualitative efforts.
It all depends on the type of business structure and type of employees to decide whether or not timesheets are appropriate. Some companies have a few of their employees on a timesheet and others off of it. Use your best judgment when deciding what will work for you and your business.