Research indicates thattime theft is a serious issue which costs American businesses approximately $400 billion annually. There are many ways in which employees steal time and recognizing and responding to this problem requires taking proactive steps while enacting preventive measures and punishing those who do it.
Workplace bullying is best described as the chronic mistreatment of workers either by their co-workers or management. This behavior is common and can significantly weaken the morale and productivity of employees as well as thecompany culture itself. Identifying workplace bullying and taking the steps to resolve it is extremely important.
Advances in technology have led to changes in the workplace where employees have become more mobile. The ability to manage such a workforce effectively is extremely important, and below are some tips that will help you do just that.
The American Department of Labor has recently released its final ruling regarding overtime eligibility for workers. These rulings were made under the FLSA, or Fair Labor Standards Act. It increases eligibility for overtime pay and will become enforceable by December of 2016. In the short term, this ruling will increase costs for businesses, but over the long term, employers c0uld save money due to greater employee retention percentage.
Attendance is and should be a major priority for every manager. A business which is routinely shorthanded due to attendance issues will inevitably suffer a loss of profits, not to mention prestige, cohesion and reputation. It is therefore critically important to develop a work attendance policy that is respected, enforced and followed.
Flexible work hours can benefit employees in many ways, from reduced stress to a greater work-life balance. They will have more time to spend with their families which translates into greater productivity, a more positive outlook and less missed days. Below are some additional benefits they’ll gain:
Efficiency is the cornerstone of running a successful business. It leads to lower prices, higher customer satisfaction and increased market share. The key to becoming more efficient is enacting tools and procedures that make your company more streamlined. One such tool is a time and labor management system. This system will allow you to monitor your employees and reduce the time that is spent generating their schedules and payroll. But these are just a few of the benefits you will gain.
While tracking attendance and work hours can be one of the larger expenses for your business, it is also something that can be controlled. Thanks to the advancements in technology, we can find automated time and labor management systems today on the market which provide managers with increased ability to handle worker hours while processing their expenses accurately. Do you know the best practices for effective time and labor management?
There are a number of obvious reasons why employers should track the amount of time their employees spend at work. In addition to payroll, which requires the employer to know the specific amount of time spent working, it is also important determine which employees are wasting time or working in a remote area. A great way to accomplish this is through the implementation of a time & labor management system. Some employers may be reluctant to invest in such a time tracking system, but below are a list of reasons they should:
Good time management is one of the best skills you can develop. It allows you to complete tasks within deadlines, make appointments early and maintain a balance between your personal and professional life. Those who display this skill tend to enjoy superior educational achievements, higher incomes and a greater quality of life overall. Below are ten tips which can help you gain mastery over one of the most precious things you have – your time.