Media startup founders have unlimited creativity and usually have many things to explore on their startup journey.
However, after the establishment of the company, the burning question centers on the effective and efficient use of time, and in that, employee time tracking plays an important role. There are many reasons media startups should use this tool, especially in the first months of work.
The Importance of Employee Time Tracking
If media startups use employee time tracking, all tasks would be finished on or before deadlines with no delays in projects. Customers will leave satisfied and happy. With the right platform, a media startup can keep an eye on other parts of the business to ensure everything works in sync. The right tools to streamline your business are available with Justworks.
Boosting Productivity and Accountability
When the employee knows that their time is being tracked, they will not be wasting extra minutes and hours. There will be no idling around and the employees will make sure to give their best. Moreover, employee time tracking will make it clear how they are spending their time and if there is any space in which the media startup can improve. Tracking time with the right intention will lead to effective workflow and higher productivity in media startups.
Streamlining Operations
Employees can track their time effectively with Justworks. Also, employee time tracking eases the administrative burden on companies, so instead of worrying about all these things, media startups can focus on their real work. Incorrect employee payments can lead to dysfunctional workplaces. However, with employee time tracking combined with efficient payrolling, these startups can avoid payment delays and provide correct payments to employees.
Ensuring Fair Compensation
If your employees work on a project basis, you should have accurate time tracking. You can’t be over or under-compensating your employees, whether regular ones or freelancers. Also, transparency of hours tracked and payroll often fosters a better employee-employer relationship.
Enhancing Client Billing
As a media startup, you must also be mindful of the hours you are billing your clients for. Here’s where time-tracking comes in a clutch. If your company can provide an accurate amount of time spent on a client’s project, you can better convince the clients and get the true value of the work your employees have done. This fosters better client relations and you cultivate a reputation of professionalism and reliability.
Overcoming Remote Work Challenges
As remote work rises, work hour tracking may become challenging. An employee time tracking tool can help your remote teams log time easily from wherever they are. Doing this can boost business efficiency and make work easy and productive.
You need accurate employee time tracking to manage your projects and make sure the team is compensated, and the clients are accurately billed. Time tracking means more productivity for your startup, better accountability, and ultimately, success.
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