Do your employees always seem to be working hard, yet their total billable hours remain low? Tracking your employee utilization rate is essential for service providers that need to optimize resources and improve profitability. Not monitoring this metric means you could be doing a lot of work without many client deliverables or billable hours to show for it. How do you calculate this rate and keep it as high as possible?
A perceived lack of fair or competitive compensation is a major reason for employee turnover, and ‘compensation’ includes more than a person’s take-home pay packet. It pays to understand the varied ways you can compensate employees—including comp time—and how to do so while staying within the law.
We’ve all become familiar with the phrase “unprecedented times”. You might even say it’s been overused. But if there’s one cohort in the corporate world that knows what the phrase really means, it’s managers. Remote work is booming. Demand for decentralized offices is sky-high. Good people are leaving unexpectedly. Up to 60% of employees are on the fence about their jobs or on their way to checking out.
For the last 40-50 years, forward-thinking organizational leaders have been working hard to reform top-down organizations into places where democracy and collaboration set the pace of progress. Employee empowerment has become non-negotiable. However, one area that has been slow to transform is employee monitoring. It’s only since Time Doctor recognized the need for employee-friendly monitoring that things really started moving in the right direction.
The potential of AI has recently received a lot of attention in the field of workforce management. A new article or blog post on how AI is changing the way we work appears every day, making grand claims about increased productivity, accuracy, and a smarter workplace. But it can be challenging to distinguish fact from fantasy in the midst of all this excitement. So, what’s the real story behind AI in workforce management? How much of the hype is reflected in real-world applications?
Ever felt swamped with tasks, wishing there were two of you to get everything done? If you’ve nodded in agreement, then you’re not alone. Modern businesses, from startups to large corporations, often find themselves spread thin, trying to juggle multiple responsibilities. There’s a growing solution that over 60% of US businesses are turning to: outsourcing.
Is your team meeting deadlines, achieving business goals, and delivering the results you expect? With an employee performance tracking system, you can easily measure these outcomes and spot trends in your team’s activity. However, not all tracking systems are created equal. Some require much more manual oversight than others. Others employ check-ins too infrequently to support efficient change or allow for substantial improvements. So, which solution is right for your team?
We all know the famous saying: “What gets measured gets managed.” But resources are finite, so you can only monitor KPIs (Key Performance Indicator) for some things in your business. You need to choose what gets measured and what gets managed wisely. This article will argue that employee satisfaction is one of the most critical metrics. And that any business looking to grow and satisfy its customers should be measuring it as a priority.
When managing a distributed team, using a time tracking tool is a no-brainer for monitoring employee hours and attendance. But what if your employees work offline or lose their internet connection? Offline time tracking software is essential for recording hours worked, even when your team isn’t online. This type of tool maintains accurate, updated timesheets without needing manual entries. Which app integrates best with your team’s workflow?
In recent years, the concept of remote work has gained traction, but the COVID-19 pandemic made it a necessity for companies worldwide. With this drastic shift, questions about the future of work have come to the forefront. To gain insights into this evolving landscape, Liam Martin had a conversation with Dave Mastronardi, the CEO and founder of Gamestorming Group.
