If you’re leading a startup company, your employees might be doing an outstanding job, but you don’t want to take any chances. Investing in employee tracking software can help you identify problem areas and make sure that everyone on your team has their eye on the ball when it comes to progress and achieving goals. Here are six benefits of employee monitoring software that might just convince you to install some right away.
1) Manage your team efficiently
Employee monitoring software allows you to efficiently manage your staff and help them work more productively. When you’re running a startup, it can be tough to keep track of everyone, so employee tracking software helps solve that problem by keeping everyone on task. Time is money and there’s no sense in having employees who aren’t doing their job well. Whether you need more information about employees’ progress or want to make sure they are performing at top levels, employee tracking software will give you a solid picture of how each team member is working and allow you to act accordingly. This can lead to an increase in efficiency across your whole team—and result in greater profits at year-end.
2) Fix inefficient processes
As a startup, you’ll likely be more agile than your larger competitors, which means you can seize on inefficiencies and capitalise on small windows of opportunity. As an example, let’s say your employees are constantly leaving food out at their desks. It would take several minutes every day to clean up after them—time that could be better spent working or on business development. You could use employee tracking software to highlight how much time is being wasted, giving you motivation to improve processes that might have gone unnoticed otherwise. It’s also useful if someone isn’t getting enough work done or has begun making errors: it provides a starting point for improving efficiency that both parties can see.
3) Hire employees who are a good fit
Not all employees are created equal. They might have great resumes, be totally charming during interviews, and possess all of the hard skills you need to be successful. But if they’re not a good fit culturally, they’ll end up being more trouble than they’re worth. It’s important to interview candidates who have potential and see how well they gel with your current team and your workplace culture. If you don’t, you risk wasting time on an employee who will just be a bad fit for your organisation in general – even though he or she may not technically do anything wrong on a day-to-day basis.
4) Reduce churn
A 2017 study by SIP found that 55% of employees leave their jobs because they don’t trust management. More generally, employees in a survey by SHRM said that management is one of their top reasons for leaving. Employee monitoring software can help ensure your employees are treating you and your startup with respect, which leads to fewer exits and more word-of-mouth referrals from existing workers. The best part is that employee monitoring software is not expensive – it’s arguably one of those things in business that you don’t want to cut corners on when it comes to cost savings down the road.
5) Improve performance instantly
There’s no magic pill to boost performance. Sometimes all it takes is a reminder or gentle nudge to keep us on track. That’s where employee monitoring software can help. When used correctly, a business monitoring tool can provide everything from basic productivity alerts to deeper insight into employee performance. So if you think that some may be wandering off task or logging in during non-work hours—you might just be right. With an employee tracking system in place, you’ll know without a doubt which employees are putting in hard work and who needs that proverbial kick in their pants.
6) Retain quality employees longer
In startups and small businesses, high employee turnover is a common problem. If you’re trying to grow your business quickly but struggling to find good talent, take a look at your company culture. Are you doing everything you can to retain quality employees? Use modern employee tracking software so that you can objectively assess your retention issues and quickly make changes in response. Small issues often become big problems over time, so pay attention early and make sure every new hire is hitting their mark—and every current employee feels valued. Retaining employees makes sense as it also helps with reducing costs in terms of advertising/recruiting efforts.
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