THE INCREDIBLY SHRINKING WORK HOUR Time is a precious human resource. If you can measure it, you can manage it. So how can you find more of it? THE CHANGING FACE OF TIME & THE WORKDAY 1450 A.D. 1848 Medieval farmers and villagers tracked their time by the sun using bell towers to recognize breaks including rest and meals. 1890 French workers won the 12-hour day following the February Revolution of 1848. Early trade unions were established that resulted in shorter working days and improved workplace conditions. 1810 A.D. During the PreIndustrial Era, working 10 to 16 hours, six days a week was not uncommon. 1866 The Factory Act of 1833 was passed to limit the workday for children in factories. Children between the ages of 9–13 were limited to eight hours a day. Output per hour worked (productivity) of the United States worker tripled the 1900’s. 2005 According to the U.S. Bureau of Labor Statistics, 10.3 million workers in the U.S. (7.4% of the US workforce) were categorized as independent contractors. 1938 The International Workingmen’s Association took up the demand for an eight-hour day at its convention in Geneva, establishing legal limitations to the workday. 1833 A.D. 1990 The AFL meeting in St Louis established May 1, 1890 as the day that American workers should work no more than eight hours per day thus starting the tradition of May Day. The Fair Labor Standards Act established a 44 hour work week, overtime pay, and the type of work and hours for children under 18. 2010 One Day a Week of “Virtual Work.” The Internet has opened up many freelance opportunities, expanded available markets, and contributed to service sector growth in many economies. In 2010, 13.4 million employees in the U.S. alone, worked at least one day per week virtually. Pun s Tide & l s clock Dia y ublic ch Cloc Thes e 20 k th ce and card ntur ” y , “i da were flaw te stam nk ed b pers like y budd overstam issues ys pi diffic tamping ng, ult lo , catio and The ns. fi rst occu pa time tional were clocks m 1888 ade in .At ime clock to a linked PC debu chip ted in 1979 . 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Th iking ese the S com Clocks” Re h m ca gu ip or p unity to lled w r w a l ye ork a Be ’s w atc atin ll To r from or ere hes g B they wer wh ere wo el br m , t sai l audi uld be a h w o o na i l ble f th nz de ese rs’ o m r a lon st e. th e a of b du g dista ea rik S e nd br ell ty nce. of ch e o hip shi ca ass s a ha nc ’s B p’s st f e w ou lf-h fo ell at r- o r s ch ho ur . ur a est p ng d earli e worki urs. e h T h o ed t ot h divid ‘tides’ n ll would e o b int ch e thre chur The g every ing id rin s div hour ay into d the tides. four THE WORKPLACE IS GETTING FASTER For hundreds of thousands of years, our day-to-day tasks—building a fire, hunting a meal, baking bread, milking a cow—have been a series of minute actions that flow seamlessly and habitually, into the next; this is hard-wired in us. It’s only in the past 40 or so years that we’ve imposed an entirely new way of processing information on our unsuspecting brains. 1953 Numerical Machine Tools—the first robots 1959 Photocopying at 100 pages a minute speedy 1977 Integrated Circuits & personal computing 1973 Barcode Readers enable scanning 1980 Cell Phones invent mobility on-the-job 31% 1984 PDAs and Palmtop Devices at hand advances ( 2013 ) 1989 Birth of the World Wide Web 1992 CU-SeeMe sparks video meetups 2009 Notebooks out ship desktops Entire world predicted to be online by 2020. —Dr. Eric Schmidt 2010 Internet Users—1,800 million BUSINESS EVOLVES FOR VELOCITY INSTA-BUSINESS AGILE BUSINESS SAME-DAY DELIVERY & Think Zazzle or Spreadshirt. Working in “sprints” not days BUSINESS BOTS Think Personalized. Think and 15 minute “scrums” not Robots picking products off shelves. Business “On Demand.” meetings. Same day delivery arrives. JUST-IN-TIME BUSINESS LEAN BUSINESS Deliveries scheduled to sync with The model: a perfect value production. creation process with zero waste. DIGITAL OVERTIME & EMPLOYEES 22% 46% are expected to respond to work email when they’re not at work. 50% check work email on sick days. 34% check work email on the weekends. check work email while on vacation. Internet Access Increasing Work Performance and Productivity Since 2000 “Time is the scarcest resource and unless it is managed, nothing else will be managed.” Peter F. Drucker -15% -1% stayed the worsened same somewhat +10% +4% improved a lot SPENDING YEARS ON THAT PHONE The average cellphone owner spends about 90 minutes per day texting, browsing, gaming, on email and, oh yeah, talking. 3.9 improved somewhat That’s 23 days per year— or 3.9 years in the average lifetime—spent tapping at a device. years THE COST OF LOST TIME A Wasted Ten Hours What is the cost for companies whose employees cannot account for 6% (or 10 hours) of their time each month? POSITION SALARY WASTE/MONTHWASTE/YEAR Software Developer $72,000 $346.15 $4,153.85 Financial Advisor $69,100 $332.21 $3,986.54 Tax Accountant $53,800 $258.65 $3,103.85 HR Generalist $48,400 $232.69 $2,792.31 Graphic Designer $47,300 $227.40 $2,728.85 WORKDAY TIME LOST & FOUND X 10% overtime 5 25% benefits minutes is 1% of 8 hrs 8 Hour Workday 1% = $36,000 Amount saved in 5 minutes of labor Even better: $12/hr salary Productivity improvements of 15-30% $36,000 translate to potential savings of up to Typical Labor Costs (per employee/year) $3.6M Annual payroll of company with 100 employees $1,000,000 based on 100 employees TIME TRACKING HARNESSES PRODUCTIVITY “The bad news is time flies. The good news is you’re the pilot.” Michael Altshuler A New Era for Employers and Employees Time for Upward Mobility Ease of use and access are the keys to harnessing 8:00AM time and talent via time tracking. For example, Time Card In the new age of Cloud 00:00:00 Computing, portable time and Today: Week: TSheets, a leader in time tracking software, lets employees tap, type, text, dial, and even tweet Year: project management solutions are Stop essential to manage, schedule time across the Web from any device, syncing Switch with payroll and accounting and including Add-On Task and monitor employees’ time, software like QuickBooks to expedite workflow. attendance and performance. Notes Valued workers, be they full-time, TSheets employee time tracking software lets you flex-time or contractors, become start your day to the sound of “Applause,” then untethered and productivity is unleashed. Time Card Manual Entry History Synch Log More SOURCES: “The Need for Speed,” Neilsen Norman Group; “Web Stress, A Wake Up Call for Business,” Foviance for CA Wiley;“The 2008 Digital Future Project from 2000 to 2007” USC Annenberg School Center for the Digital Future, March 2009; “Kelly Global Workforce Index, “ Kelly Services, as cited in Press Release 2009 Mobile Phones, PDAs, Laptop computers; Money Factoids, http://business.time.com; Wasting Time at Work 2012, Salary.com; “Time Clock, Timesheet, Time & Attendance,Time Tracking Software,” Wikimedia Foundation, LLC © 2013-14 All Rights Reserved TSheets, Eagle, Idaho, (888) 836-2720 clock-out to a chorus of Hallelujah!
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