QUOTE(timelive track @ Jul 30 2013, 09:34 AM)
The benefits of timesheets in the case for nonprofit organizations:
- An Effective Way to Ensure Accountability.
- Easier Path to Increase Transparency.
- Capturing Passive Data to Measure Performance.
- Secrets to Planning Ahead.
A timesheet is a data table that an employer can use to track the time a particular employee has worked during a certain period. Businesses use timesheets to record time spent on tasks, projects, or clients.
Every founder wants the same thing: to know that their employees are all working effectively and productively each day for the benefit of their business. But as your company grows, it can be more difficult to keep track of what everyone is up to, and where people are spending their time.
This can lead to you feeling out-of-the-loop and as if your company is running without you. What’s worse, having less of an understanding of what people are doing each day can lead to your company running inefficiently and wastefully.
To make sure this doesn’t happen, you can start having your employees fill in timesheets each day, where they log what they were working on for every hour they’re in the office.
Few Reasons Why You Should Use A Timesheet:
Bill your clients: One of the main reasons for a company to track what their employees are spending their time on is simply to bill their clients: service companies, consulting companies, or, more generally, companies that bill time and materials— all of them need to track their time precisely to know what to bill to what client.
Timesheets provide detailed records: Timesheets are necessary for tracking hours, calculating overtime, and double-time when it is due. The timesheet template should indicate the time the employee begins work; the time they go to lunch; the time they return from lunch and the time they leave work.
Punctuality and attendance policy: Timesheets will also flag those times when employees are late or too early for work, violating your attendance policy. Managers will have the appropriate tools they need to effectively manage their employees’ attendance.