Benefits of Employee Time Tracking for Hospitality and Retail Businesses

The average employee clocks in for almost nine hours every day, but they’re not working the entire time they’re billing your business. Many businesses have taken different approaches to increase employee productivity. One of them is implementing time-tracking software.

Time-tracking software lets you see when your employees are checking into work daily and make tracking their activities easier while they are at work. You can check out free trials of software offered by sites such as https://clockineasy.com/, which offers multiple features for companies looking to introduce time-tracking for their employees.

The hospitality and retail sectors are based on cash flow that they receive directly from their customers. Therefore, there is a significant stress on you, as the employer, to ensure adequate profits and optimal human capital is present for your business to succeed.

By using the right time-tracking software, you ensure that your employees contribute to the success and profitability of the business.

Increase Productivity and Accountability

By introducing time-tracking software, you can accurately track how long it takes your staff to complete tasks like restocking, housekeeping, and so on. As a result, you can observe their productivity throughout the day without having to supervise them in person constantly.

Because your employees know that their tasks and time are being tracked, they become more accountable to the organization. This can motivate them to become more productive.

Easier to Check Progress

Retail and hospitality business employees are mainly unsupervised, which can cause many of your employees to perform ‘proxy’ check-ins while not being physically present for their tasks or duty.

With biometric or facial recognition in place for most time-tracking software, you can prevent your employees from billing your business for hours they’re not present or don’t work.

It will also keep track of their break-times and shifts, ensuring that your employees aren’t taking unscheduled breaks during their working day.

GPS Location

Many businesses may also need their employees to be off-site during the day to escort customers or deliver, fix or inspect items. With the right time-tracking software, your employees can check into work using any device from any location.

It can be helpful when you are settling offsite bill claims from your employees because you can verify their whereabouts and time spent at the location.

Accurate Payroll Reporting

Your employees are working in a highly dynamic environment that may require them to work overtime hours or clock out early. When you have to supervise this and enter it into a sheet manually, it takes a lot of time and effort and is also susceptible to human error or tampering.

With time-tracking software, you don’t have to enter overtime hours or scheduled breaks manually. Instead, you can create custom rules and payment rates to apply to all or a section of your staff. This will also ensure you are not violating labor laws in your state.

Retain High Performers and other Employee Insights

Due to the high customer engagement that is present in both retail and hospitality businesses, there can be certain points during the day where your business will be busy and others when it is not.

By tracking employee productivity and engagement at all hours during the working day, you can determine when peak hours are. It can help you add more employees for a few hours (when your business is peaking) and reduce the number of employees during slow hours.

This will not only be economical for your business, but it can also help you gauge who the most productive employees for your business are. It can alert you on the need to hire more employees or let someone go too.

Automated systems make it easy for you to supervise your staff by providing reports and insights on employee productivity and daily task productivity.

Achieve Optimal Efficiency for Your Business

By utilizing a cloud-based centralized time-tracking software, you can gain access to your employees’ data like time cards, employee information, and schedules anywhere at any time.

With the right software, you can create greater transparency in your payroll process and instill motivation in your employees, since they know their work and progress are being tracked.

Rewarding and compensating your employees for hard work and contribution is also made easier through time-tracking software. Real-time updates will let you create a streamlined process where your employees can request leaves and vacations directly through the software.

The right software will ease your work and make multiple processes centralized, so you don’t have to micromanage every detail for your business. By gaining better insights and reporting on your employee’s activities on billable hours, you can make tweaks for the better financial management of your business in the long term.