In today’s highly competitive business landscape, every new customer acquired is a huge win. However, many companies let their hard-earned revenue slip through the cracks.
Trends change, employees change and rules change, but there has been one constant: timesheets. Employees dislike them, and managers hate having to track down employees who conveniently ‘forget’ to submit their timesheets at the end of each week or month.
The recruiting process in the software industry, particularly in Silicon Valley, is highly competitive. In fact, according to the Bureau of Labor Statistics, the unemployment rate for software developers in the first quarter of 2014 was only 2.8%. That compares to five percent in the second quarter of 2009, and 5.5% in the first quarter of 2010.
Time is one of your business’ most valuable resources – your employees’ working time in particular. It’s also one of the trickiest things to control.