Using employees' hours in the best possible way is the ultimate goal of many managers and company owners. And yet many businesses still find this hard to achieve. The most common issues are the lack of proper project planning, too much downtime, and even, in more serious cases, time theft.


But what is exactly time theft? If this phrase in unfamiliar to you, nevermind. In this post, you’ll find out what it is, and how to overcome it.


What's Time Theft?

Employee theft can quite a few different definitions, but it's most notably linked to stealing material or financial resources from the company. However, there are other forms of theft besides wage theft, which are just as damning for the business.

Time theft is a very serious issue, but only a few employers are aware of it and actively try to prevent it.

It happens when employees seek to receive compensation for the hours they've logged but during which they haven't actually done any work. Basically, this is labeled as counterproductive work.

Imagine that you have an employee who is paid per month. And you expect from him some kind of work right? Now imagine that this employee spends his time not working, lurking on sites like Youtube, Twitter or something else. That means that you have someone who is paid to work but instead, most of his time he/she actually isn’t. And that’s an issue.

Time Theft Statistics

One thing that doesn’t lie are numbers. Many surveys were conducted on time theft and they all show demoralizing picture.


A study conducted by Nucleus Research found that as many as 74% of businesses are victims of employee time theft.


What’s more, it is believed that an average person spends more than 4 hours per week on non-work related activities. And that’s just the tip of the iceberg. Imagine that you have 500 employees and each one of them spends 4 hours of their work week on unproductive stuff. Now imagine that happens every single week of the month for the next 12 months...you get the point. It’s a lot of time wasted.


So, the question you should be asking is: “Can I do anything to fix this problem? Is there a way that I could minimize this time theft thing you are talking about”? 

Employee Time Tracking Software

When you think about it, maybe the most efficient way to address time theft would be to see what your employees are doing on their computers, so if only there was some sort of software to keep track of computer use that could give you increased control.


And, there is. Nowadays, people can solve anything. Even time theft can be solved and you could do that with the help of employee time tracking software. What it does is very simple. It monitors the activities of employees and distinguishes their work between productive and unproductive. Also, as the name suggests, it tracks the time they spend on specific tasks or websites. At the end of the day, it gives you a cool report, where you can see exactly how much time they invested into actual work and how much on lurking around.


Now, you might be wondering what’s the best time tracking software to use? The truth is that you need to choose yourself. See what works out for you. The market is full with quality programs and you should find the one that is perfect for you. You want just a simple tool for keeping an eye on your workers? It’s out there. You want a billable time tracking software that will save you time at the end of each month? You bet it’s out there. 


The thing with time tracking software is that it’s an investment for the future. And it’ll pay off for sure. By implementing one into your business, your employees productivity will rise substantially.     


Conclusion


So, the chance that you may have some kind of time theft individual in your business is high. One leads to another, and sooner or later you might face a huge problem of unproductivity. That is something you shouldn’t strive to and you need to put an end to it. Time tracking software offers you just that, and you should think about investing in some kind of employee time reporting software.


Kronos Humanity Timeclockplus Tsheets Wheniwork Deputy Replicon Jibble EbilityTimeTracker OnTheClock
OVERVIEW
Price (per month)Available upon requestFrom $2 per userAvailable upon requestFrom $6.40 per user + $16Free for up to 75 usersFrom $2.50 per userBasic plan: $30 for 5 users + $5 per additional userFrom $1.50 per employeeFrom $4 per user + $8From $2.20 per user
Free trial30 days14 daysYes14 days14 days14 days30 days
Ease of useDifficultEasyDifficultVery easyEasyEasyDifficultVery easyEasyEasy
FEATURES
Timecard management
Scheduling
Shift Trading
Timesheets
Break time management
Real-time tracking
PTO Management
Payroll
Invoicing
Client billing
GPS tracking
Clock out reminders
Alerts
Manual time
PUNCH-IN METHODS
Web app
Mobile app
Time clock device
Time clock kiosk
Facial recognition
Fingerprint scanning
Geofencing
Group punch-in
REPORTING
Visual reports
Email reports
Time rounding
MANAGEMENT
Permissions
Manager approvals
Add time for others
Integrations
PLATFORMS
Web
Android app
iOS app
Mac desktop app
Windows desktop app
Linux desktop app
OTHER
SupportPhone and onlinePhone and onlinePhone, chat and onlinePhone and chatEmail and onlineChat and phonePhone, email, chat and onlinePhone and onlinePhone, email, chat and onlinePhone and online
Knowledge base
Video tutorials
Community forum
API
Workpuls Hubstaff Toggl TimeDoctor Harvest TimeCamp Timely Everhour Tick TMetric
OVERVIEW
Price (per month) $6 per user $5.83 per user $9 per user $9.99 per user $10.80 per user $5.25 per user $99 for 5 users $7 per user $19 for 10 projects $5 per user
Free trial 7 days 14 days 30 days 14 days 30 days Yes 14 days 14 days 30 days 30 days
Ease of use Very easy Difficult Difficult Very easy Easy Very easy Easy Difficult Very easy Difficult
TIME TRACKING METHODS
Manual
Start/stop buttons
Automatic time mapping
IN-DEPTH TASK AND PROJECT ANALYSIS
Sreenshots
App and website usage
Activity levels coming soon
Real-time tracking
TASK AND PROJECT MANAGEMENT
Project adding
Project templates
Project status
Task assignment
Task priorities
Budgeting coming soon
Mark billable/non-billable hours
Payroll calculation
Invoicing
ALERTS
Idle time reminders
Deadline alerts coming soon
Budget alerts coming soon
REPORTING
Client login
Productivity analysis
Email reports coming soon
PLATFORMS
Web
Mac desktop app
Windows desktop app
Linux desktop app coming soon
iOS app Beta
Android app
Browser extension Chrome Chrome, Firefox Chrome Chrome Chrome, Firefox Chrome Chrome, Firefox, Opera, Edge
OTHER
Support Phone and online Email and online Email and online Online Online, email and phone Email, online and support ticket Email and chat Email and chat Email Chat
Knowledge base
Video tutorials
Integrations coming soon
API
On-premise hosting

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