Workplaces are full of challenges and often you might have come across terms like ‘responsibility’ and ‘accountability’. Readily used interchangeably, these two have definite nuances. Where responsibility is the charge or control a team member takes to achieve a goal, accountability is the answerability for the results, irrespective of the nature of the outcomes. Responsibility […]
The global workforce analytics market size was valued at $1.64 billion in 2018 and is projected to reach $5.97 billion by 2026, growing at a CAGR of 17.6% from 2019 to 2026. Moreover, AI-based workforce analytics solutions, an increase in a number of data sources, use of machine learning & blockchain technologies will provide further […]
Did you know? A 2022 McKinsey Health survey, conducted among 15,000 workers across 15 countries, discovered that a quarter of them experienced burnout due to their job. According to Mental Health America and FlexJobs, 76% of the surveyed respondents agreed that workplace stress negatively impacts their mental health, and 75% experienced severe job burnout. Reasons […]
In recent years, timesheets have undergone significant developments—transcending from manual paper sheets to Microsoft Excel sheets, ultimately transforming into intuitive online timesheet software. Employee timesheet software brings multiple employee tracking features on the platter, ranging from accurate work hour calculation, drawing valuable insights, employee productivity measurement, maintenance of real-time records, and cost reduction, to enhanced […]
A whopping 88% of people procrastinate daily, leading to pending tasks and missed deadlines. Furthermore, according to the American Psychological Association, 20% are chronic procrastinators. Not only procrastination but spending too much time on low-value tasks is another facet of unmanaged workload and staggered productivity. An average worker spends 51% of the time on less […]
Nowadays, freelancing has become a lucrative business, where independent workers bid for projects and maintain a portfolio online. The freelancing business is becoming more prominent with the emergence of the gig economy and amazing trends are anticipated in the future times. Did you know? There are approximately 1.57 billion freelancers in the global workforce contributing […]
Worldwide, employees are embracing the newer and more productive working style, Flexitime or flexible working schedules. A significant 54% of employees express a willingness to leave their current jobs for companies offering flexitime according to a Gallup research report. This figure highlights how profoundly the flexitime concept has impacted the work-life balance of employees. Furthermore, […]
If you are a project manager with a workforce, you might have realized how crucial it is to timely deliver projects without burning your team out. That’s when time management enters into the picture. For those who don’t know about the term, and ask, why is time tracking important, time management is a working behavior […]
Resource allocation is a crucial part of project management as the manager is responsible for distributing tasks accurately and strategically to employees so the project can be delivered on time. Although it seems like a super easy task, it requires a lot of calculative skills and planning to put everything in the right place for […]
Remote work has been in practice for years, but post-pandemic, the concept of working from home has been highlighted even more and has created a new work environment with a possible set of advantages and disadvantages. The concept of strict 9 to 5 on-site jobs with a bunch of distractions is long gone and now […]