Are your projects not being completed as soon as they should be? Are you unsure of how your employees are spending their time? If so, a construction time tracking system may be just what you need.
It’s important for your employees to spend their time wisely at work. This will not only save you labor costs but help you serve your clients better. Of course, it’s ideal if your employees are intrinsically motivated enough to work hard without any prompting, but that isn’t always the case. You’ll often find that a time tracking system can give you a hand.
Technology has completely turned around just about every industry out there. The construction industry is certainly one of them. Gone are the days when employees had to punch in and punch out. Now, time tracking applications make keeping track of time easier than ever.
Wondering how you can benefit from a construction time tracking software? Find out below!
Minimize time theft
A great number of companies all over the world deal with time theft. When employees are responsible for tracking their own hours, it isn’t uncommon for people to embellish a little. When your employees aren’t working for the amount of time they say they are, you end up overpaying.
With construction time tracking applications, that will no longer be an issue. Employees can punch in after arriving at a job site, and the application will ensure that they are in the right place at the right time. This will ensure you are alerted when someone is punching in and out while away from the job site. You’ll only be paying for the time that your employees actually spend working.
In the construction industry, it isn’t uncommon for employees to have to work overtime to make sure a deadline is being met. However, many construction companies end up paying for overtime that wasn’t approved or even are unable to pay when there isn’t an overtime budget.
With time tracking applications, it’s easy to track overtime. The application can remind employees when they haven’t clocked out at the end of the day so they remember to punch out at the appropriate time. They can also receive reminders when they’ve capped out on overtime so they don’t work more than what they are paid for.
The data gathered with time card applications are also incredibly helpful for monitoring trends and pinpointing areas in which the company can improve. The data can be used to support strategic decisions such as increasing the number of workers on a particular project when overtime is too frequent.
Comply with the FLSA
There are quite a number of wage and hour disputes brought to court every single day by employees claiming the FLSA. Under this act, employers are obligated to keep accurate records of the time each employee has worked. Paper records do work, but they are nowhere as accurate as time card applications. Employees can keep track of their time worked, overtime, and breaks. Employers can ensure that all the data is stored for the appropriate amount of time on the cloud, which saves a significant amount of time and space that you’d otherwise be using to store physical time cards.
Offer accurate quotes
Your clients will be happy to receive accurate quotes, thanks to your time tracking systems. Proper time tracking methods allows you to deliver better estimates of job costs. The data you’ve gathered from other similar projects will give you a much better idea of how much each phase will cost and how long it will take.
Better estimates will increase the chances of you winning bids and getting clients that are profitable for your business.
When it comes down to it, employees aren’t making the best use of their time when they are busy punching in, punching out, and exchanging their old cards for new ones. With time tracking apps, you are making life much easier for your employees as well as yourself. The time your workers used to spend on time cards can now actually be spent adding value to your business. Why waste time on manual data entry? We’re in the technology age, for goodness sake!
Although a lot of construction companies hesitate to purchase a time tracking system because of the cost, you’ll often find that the savings you reap in other areas make it more than worth it. This piece of technology can certainly upgrade your business and help you keep up with the times.