If you’ve never kept track of time before, you may be surprised to learn that many who have used a time tracker in their work consider it vital to their business. It’s one of the most important things they do, as indispensable as payroll, accounting, or project management.
That’s because time monitoring affects the most important areas of your business. Not only does it help you get paid if you charge by the hour, but it’s like an X-ray for your projects. It lets you know if you’re making money from the work you’re doing or if you’re wasting your time. It lets you know if everything is going according to plan, if you’re on budget and on time, and if your team is working at a healthy pace.
So time tracking is an important tool for managing workflow and time, as well as for maintaining a work-life balance. It helps us stay organized, prioritize our responsibilities, and make informed decisions.
In this article, let’s take a look at how time tracking can help you make better decisions.
1. Time management
Effective time management is crucial for decision-making. By monitoring your working time, you can determine which tasks are taking up too much of your time and which require more attention. This way, you can prioritize more effectively and make informed decisions about what to focus on first and what to postpone.
2. Realistic goals
Time tracking helps you set realistic goals by giving you a clear understanding of how much time you have to complete each task. This way, you can set achievable goals and make informed decisions about what you can do within a certain amount of time to be as efficient as possible.
3. Monitor your progress
By tracking your progress, you can measure your success and identify areas for improvement. This will help you make informed decisions about what changes to make to improve your performance and achieve your goals.
4. Identify time wasters
Time tracking can help you identify time wasters that hinder your productivity. By tracking your time, you can determine which activities are taking up too much of your day and decide how to eliminate or reduce them.
5. Reduce stress
Effective time management can help reduce stress by giving you a sense of control over your day. By prioritizing your tasks and managing your time effectively, you can reduce the stress of feeling overwhelmed and make decisions about how to fulfill your responsibilities without compromising yourself.
However, a time tracker helps not only employees, but also supervisors or managers in making decisions. Thanks to time monitoring, they can observe the performance of their subordinates. They can also see whether employees start their working day on time, how much time they spend on tasks, how long their working day lasts, and whether they are productive during the working day, etc. Based on this data, the manager can make the right decision on the employee’s development or dismissal if the situation cannot be corrected.
Thus, this approach helps companies save money, because firing employees and then finding and training new ones is always a considerable expense.
But don’t forget that it’s important to use good tools to get good results. Yaware can be just the tool for you.
Yaware.TimeTracker is a simple and convenient time tracker for teams of any size and structure, designed specifically to increase productivity.
What are the benefits of Yaware.TimeTracker?
- Automatic tracking — all statistics are automatically entered into the report card, which can be viewed or downloaded to a computer for further data processing.
- Efficiency analysis — the ability to see the actual workload on teams, which will help you understand whether there is really a need for additional staff.
- Project and task management — the entire volume of planned work in one place, after which you can calculate the cost of tasks, hours of work and assess how much the result has paid off.
- Personal statistics — an opportunity for employees to analyze their performance on their own.
- Many visual charts — the ability to analyze the work of employees in just a few minutes.
And not only that!
Moreover, Yaware offers 14 days of free use of the program so that you can experience its functionality to the fullest!
Conclusion
A time tracker is an important tool for making informed decisions. By managing your time effectively, setting realistic goals, tracking progress, identifying time wasters, and reducing stress, you can make better decisions and achieve your goals more efficiently. So, start monitoring your time or your employees’ time today and see how it can help you make better decisions in your personal and professional life.
