How do you manage your employee in your company and to make sure that you easily manage their payroll too? Using an employee timesheet can be the right thing to do. Other than to make sure they log their check-in and check out time, you will also be able to track their daily activities too. By using this type of timesheet, you will be able to track, monitor, and manage your employees to maximize their work productivity. It is one of the many tools that can be used by your Human Resource department to calculate the working hours of the employee and to do their payrolls monthly. By looking at their logs and time tracks, you will be able to see the days and times during their work.
These timesheets can come in a physical or virtual form depending on the company. These days though, many companies prefer to have their timesheets done virtually where it can be saved in the cloud (where many people can edit it too for their check-in and check out). These timesheets can serve to track employee’s absences in a company. Other than the check-in and check out time, you will also be able to check their leave. Some might submit 1-2 leave days due to being sick or when they want to take annual leave. This can be managed through the timesheet as well. It can also be used as a tool to manage an employee’s time especially for the ones that are going to undergo their performance reviews.
The payroll is something that a company needs to do for all its employees. With that being said, doing monthly payroll can be a big hassle to do especially if it is a big company with hundreds of employees. By using a timesheet, you will be able to calculate each employee’s payroll properly along with accounting their bonuses, leave, etc. Other than to properly use it as a payroll tool, it can also be used as a consideration by the management for their employees to see if their workloads need to be balanced out or not. This can easily affect their work performance in the future too.
With the technology that we have these days, a timesheet doesn’t have to be done in a physical form anymore. They can easily use the ones that they can edit online especially when many are conducting the Work From Home (WFH) method. Usually, in a timesheet, you will be able to see details such as employee’s name, date, and time for them to check-in/out, employee’s ID, overtime hours, annual leave day, sick leave day, etc.
There are many different types of timesheets that you can choose from depending on the needs of the company. Some of them are monthly timesheet, weekly timesheet, bi-weekly timesheet, daily timesheet, and many more. Most companies usually choose for the monthly timesheet due to the purpose of the HR admin calculating their payrolls. Usually, before their payrolls are distributed, it will be matched properly with their timesheet first. This is to ensure that the company will be giving out the right payroll to the right people.