Receiving value is the trend taking some companies by storm when structuring pay for its workers. This is achieved through basing pay on project completion using billable hours and extending more flexible pay alternatives to employees. The billable time logged is based on the value achieved by an employee rather than the amount of hours spent at a task. Experts indicate that this has led to improvements in time management and increased productivity, especially for the millennial generation.
- Time management is always a critical aspect of business life. Workers want to make the most out of their daily contribution to the company.
- Time management can ensure that work has value to the business itself. That has steered investors towards the right investment choice for them.
- Clocking in and signing time sheets is seen as a hassle. Working a certain number of hours has always been a focal point of effort.
“If I am charging you $2,500 for corporate identity work, you don’t need to know how long it took, I just need to do the work”