The Management Blog

There is a considerable number of project time tracking tools on the market. Because there are so many options, we’ve created this guide to today’s top project time tracking tools, making sure to include tools that offer features and price points to meet the needs of teams and businesses of all sizes. Project time tracking […]

Time tracking for contractors is crucial in today’s gig economy landscape. While staffing your company entirely with independent contractors might sound tempting, it comes with challenges and obligations. The growing distributed economy is increasingly regulated to protect these workers. It’s important to understand the costs, benefits, and obligations of using contractors and freelance workers, particularly […]

Today we’re diving right into overtime cost analysis. Fixed costs, such as rent, insurance, and salaries for regular full-time employees, are a way of life for companies. These expenses remain constant regardless of changes in demand, production levels, or sales volume. But what about variable costs or expenses that change depending on demand, production levels, […]

What is a payroll variance? Payroll variance is a running total of how much money your company has paid out to employees for things like overtime, vacation, sick days, and pay raises. It helps finance and HR managers figure out if budgets are being met and if everyone is getting paid the right amount. Payroll […]

Inaccurate time tracking costs companies money and chasing after late timesheets costs managers time. However, it is also easy to understand why employees forget or choose not to track their time. Without thoughtful onboarding and open communication, your employees are unlikely to track their time correctly or at all. Often, when this happens, companies end […]