global hiring

10 Benefits of Time Management

The benefits of time management are many and powerful. Discover the most important positive changes you can trigger when managing your time effectively.

Gabriele Culot
Written by Gabriele Culot
January 24, 2023
Contents
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Key Takeaways

1. Effective time management comes with significant benefits that go far beyond simply freeing more time

2. From decreased stress to better career opportunities, practicing time management skills can boost your personal and professional life

3. Having a clear understanding of what the benefits of time management are will help you turn this habit into a core part of your daily routine

You may think the benefits of time management skills are obvious, but there’s more to it than creating extra time in your day. When you prioritize good time management in your workday, you improve your professional life, as well as your personal life. The benefits of time management are lasting and can even be life and career-changing.

Below are 10 key benefits of taking control of your day. Keep them in mind when planning your daily schedule and list of tasks, and be sure to achieve a better work-life balance.

1. Decreased Stress

Poor time management skills increase stress levels and foster a procrastination mindset where vital tasks are missed, and the quality of your work decreases. Your workflow suffers, and you may even waste time thinking about what you haven’t done yet, and what you still have on your plate. It may even lead to burnout.

The significant benefit of proper time management is that planning your day with a buffer for unknown challenges or issues that may arise helps you create less stress in your day and gain clarity around your tasks. You decrease stress and can easily focus on specific tasks.

2. Better Decision Making

Effective decision-making is impacted by time management techniques. This highlights the importance of time management, not just for your daily tasks but for your overall work quality.

Better decision-making is one of the top benefits of managing your time effectively. When you’re clear about what your day looks like, you make decisions with less effort and more clarity, and you’re in control of your time.

3. Increased Productivity

When you have good time management skills in place, your productivity increases. The amount of time that used to be spent multitasking or catching up on essential tasks is replaced with a driven focus, and you’re able to achieve more things in less time and are better able to plan your workday.

Increased productivity benefits many aspects of your life. With an improved workflow, you produce better work and have enough time to go above and beyond or do something in your personal life that you’ve been putting off.

4. Improved Reputation

Your team members and business leadership notice when you use time management strategies. They may not know precisely what you’re doing, but they see you as a reliable colleague who gets things done.

Being in control of your time can boost your reputation. You’re not scattered or procrastinating. Having a good reputation is a direct benefit of prioritizing your workday and one that leads to even more great things like new opportunities and promotions.

5. Optimal Work-Life Balance 

Excellent time management skills enable you to find balance throughout your day. This includes creating the highly desired and often elusive perfect work-life balance.

A thriving career is one in which workers experience an excellent work-life balance. Tapping into practical time management skills helps you create a mindset that enables you to prioritize your personal life too. When this is achieved, you’re not leaving work with unfinished tasks on your mind at the end of the day. You’ve created the space to enjoy your free time.

Understanding how to leverage time management means you’ll also find ways to optimize other areas of your life. At home, you’ll understand how to set time limits and spend less time on social media, apps, or specific activities that drain you. When managing your time effectively, you improve every area of your life.

6. Better results and achievments

Setting and achieving goals is integral to an effective time management strategy. The benefit of time management is that you can see the bigger picture. You can easily determine what you want to achieve and understand how to plan to reach your goals and what resources you have available. High achievers prioritize important tasks and can discern what will waste time.

7. Higher quality work

When you incorporate time management skills into your workday, you deliver a higher quality of work. It’s a natural benefit of managing your time more effectively. This can produce measurable results in your career. As your performance continues to improve, so does your status within the organization.

8. Increased Self Discipline

More self-discipline equals more success. An effective time management strategy will soon become a new habit. You develop a strong sense of self-discipline when you get really good at implementing time management strategies and tools, and this can be invaluable to your personal and professional development, as self-control can even outdo talent when it comes to achieving success.

9. Stronger Self-Confidence

Good time management skills are also the pathway to higher confidence. When you repeatedly experience the success of doing what you set out to do, you build self-awareness and confidence that helps you grow in every area of your life. Higher confidence leads to more opportunities and the willingness to take on challenges to reach even higher goals.

10. Faster Career Gowth

Good time management skills get you noticed. Producing better work more easily makes you a person people want to be around. When you are less stressed and more focused, you build better workplace relationships. This opens up opportunities for new projects, promotions, and even higher wages.

Make time management easy with Deel

Time management’s benefits significantly impact your life, from experiencing less stress and higher productivity to creating a higher quality of work and developing a work-life balance that works for you.

At Deel, we build Slack-based tools that help you streamline your HR processes, leaving more room for you to focus on projects or fine-tune your work. From new hire Onboarding to PTO, don’t just focus on improving your personal time management. Make sure your HR processes are optimized too.

Book a demo today to learn more about Deel HR.

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