No business full of employees can exist without tracking their employees in some capacity. Today 38% of employees use timesheets and punch cards. This is a form of tracking that has been around for decades.
While it has been extremely effective over those years, the reality is better and more modern alternatives have risen. The primary issues of physical timesheets is human error and a lack of detail.
Q3 2022 hedge fund letters, conferences and more
Modern alternatives address these issues in different ways. GPS is used by certain delivery companies to track their drivers. GPS keeps human error completely out of the equation while keeping detailed notes on exactly what the employee was doing. Unfortunately, privacy concerns do arise for many employees.
Another modern alternative is biometric. One of the more advanced solutions, biometrics include fingerprint and iris scanners. This keeps an employee from losing their key card, but still creates a lack of detail in the work process. Remote monitoring is yet another solution that looks to solve those issues. By keeping track of keystrokes or other specific actions, detail is more realistically measured.
The Benefits Of Facial Recognition
Remote workers have been rising to be a more and more significant part of the working population. Peaking in 2020, following the end of the pandemic remote work has seen a return to normalcy.
Since then, remote workers have been slowly rising in numbers yet again. By 2025, it’s predicted 22% of the workforce will work remotely. Many workers and corporations alike felt the benefits of remote work during the pandemic.
Commuting and time losses are reduced, people can keep the comfort of their homes, and productivity is increased. Still, there are some major downsides to remote work, the most prominent being burnout.
75% of remote workers experience stress and burnout at work. Remote workers work more and are less able to separate themselves from their work. This makes sense, the hours pass by and the end of the day doesn’t feel so significant. Time tracking then has more importance with remote workers than any other. Knowing the exact time worked and what was done can help remote workers feel more meaning.
Solutions like facial recognition are the perfect for keeping workers engaged and happy. While it can feel like an invasion of privacy, the reality is workers are much happier with more information available.
This is why time tracking is so essential for businesses, across all sectors. Remote workers may benefit the most, but everyone serves from accurate information and pay.
Source: TrackTime24.com
