Blog for Time Management and Time Tracking

There are many reasons why projects fail. Companies often find pitfalls with projects due to poor planning, misunderstanding financials and ignoring risk management. Here are some ideas on how to avoid them and, if you are already in one, how you can climb out of it.

The key to success is a smart management of scarce resources. However, financial capital is no longer among one of them. According to Michael Mankins and Eric Garton, experts in organizational effectiveness and design of Bain & Company, the truly scarce resources nowadays are time, talent and the energy of the people in your organization. They state that these resources are too often squandered and there is plenty of advice about ...

Professional services firms concede that a few billable hours fall through the cracks. But in fact the amount of time lost is a little more than you thought. In our current article, we show you 3 ways professional services firms lose billable hours and how to prevent potential revenue leakage.

Are your employees classified at the right rates? Are certain employees exempt from overtime? Are the hours being tracked and accounted for correctly? When it comes to overtime pay, there is a variety of regulations that your company has to comply with in order to avoid costly wage and hour disputes. Learn in this article how to avoid getting on the wrong side of the Labor Department.

Job sharing means, one job splitted into two. It is an alternative form of flexible working. It offers employers as well as employees a range of benefits and could be an option that provides full-time positions through part-time work. Find out what job sharing can offer to your employees and company and how to implement job sharing successfully.

Overtime ranks as one of the biggest ongoing expenses for most companies. Managing correctly overtime helps to avoid expensive lawsuits, low morale, and helps you stay conform with changes in overtime regulations. But how can you manage overtime more effectively to protect your employees and your company? These five tips will help you avoid the greatest pitfalls and unnecessary surprises.

You are probably familiar with the saying "time is money". Successful time management is essential for a thriving business. Priorities are set in advance and goals are set, but still the deadlines don't work out? Stress is inevitable. We present methods on how to effectively manage time in your company.

Payroll accounting and timesheet reports are a time-consuming and often troublesome process for Human Resources. A web-based time tracking software not only helps your employees record working times in an easy and convenient way, but also provides you with a quick overview of hours worked, holidays, sick days, and overtime. You can even conveniently track night shifts. Find below the main advantages of TimeTac’s Timesheet report and 3 convenient features ...

Effective management of your resources is essential for the success of your project. But it's not only the budget, the software or the time that needs to be monitored, but also the resources of the employees! In addition to other benefits that an online tool offers you for your project management, with TimeTac you have a lot of features available to help you manage all your resources optimally.

Do you find managing projects a challenge? Keith Robinson, a Lead Product Designer for Agile and Devops teams, is actually convinced that project management does not have to be complicated or time-consuming. Based on his long years of experience in managing projects, he has generated a simple methodology which will help you manage your projects faster and easier. All you need is a few minutes to read on.

Employees spend 35% to 50% of their workweeks in meetings. A lot of time which leaves little time to work on projects or think strategically. Research shows that 67% of surveyed workers say that fewer than half of the meetings they attend are worth the time. A collaboration overload and unproductive meetings cost a lot of money. Find here 5 ways to make your meetings more productive:

Until now, the recording of working hours has primarily served as a legal record and as an accounting of hours for employees. Increasingly flexible forms of work, however, as well as organizational reasons, place higher demands on a working time recording system. Modern working time recording systems offer companies a wide range of options for recording and managing working time. Find out which working time recording service is best suited ...

Whether in design or content: creativity is fuel for the successful processing of projects. Employees are allowed to get a little crazy in order to come up with original ideas. But a spontaneous "Be creative!" doesn't always work. Creativity techniques can be helpful in finding ideas. Especially when a solution is needed quickly. With the help of these creativity techniques, flashes of inspiration often turn into successful innovations.