If this sounds like you, tracking time might not necessarily directly equate to cash in your pocket. We mean this label in the most flattering of ways! And, to be fair, we should really just call this group “Average Achievers,” since being dedicated to productivity should be the norm. On the other hand, you’d never want to be faced with having to defend the amount of work you’ve done if (gasp!) a client feels you haven’t delivered and asks to see proof.Įven if you’re on retainer, submitting weekly or monthly reports charting time spent on a client’s project helps you to continue to demonstrate your value and allows you to make a fair argument in the event that the time spent on the client consistently outweighs the agreed-upon compensation. Failure to do this can land you in two different situations, the most common of which is losing out on billable time (those 10 minutes here, 15 minutes there can add up quickly).
This is probably the most active group of time trackers, solely because keeping track of time is likely critical to one’s income.įreelancers and small business owners need to know exactly how much time they are spending working on different tasks throughout the day-whether that’s researching for an upcoming presentation, crunching numbers, or building out a social media strategy-so they can accurately bill clients.
However, the gist remains consistent across users-it’s valuable to know how much time you are spending on different activities and tasks throughout the day so you can work smarter.įirst, let’s break down three of the most common groups of time trackers: Freelancers / Self-Employed There are a few different segments of time trackers, so the benefits for each group vary a bit.
Click Here Why Time Tracking is Important
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