10 Best Project Management Timeline Software [2024]
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by The Toggl Team
3d ago
Finding the best project management timeline software can be the difference between successful and failed projects. It helps you visualize your project schedule, catch potential bottlenecks or risks early on, and keep everything on track to meet those all-important deadlines. When searching for project timeline software, you’re looking for a tool that boosts productivity, improves your workflow, and helps hit deadlines. In this article, we’ll compare some of the best options, breaking down their features, pros, cons, and pricing so you can pick the one that fits you best. In this article, you ..read more
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How to Write a Letter of Recommendation (With Examples)
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by Elizabeth Thorn
3d ago
In a competitive job market, every candidate can use a boost. While there are several ways for someone to make their application stand out, a great letter of recommendation is one of the best ways for them to have someone else highlight their skills and achievements. 87% of employers check references and often seek third-party verification before proceeding with a candidate, meaning a strong letter of recommendation could make or break someone’s chances of landing the job. Basically, for applicants, these letters can be career-defining, transforming potential hires into top contenders. If you ..read more
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Pay Rate vs. Bill Rate: What’s the Difference & What to Know
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by The Toggl Team
6d ago
The bread and butter of any company is the profit it makes on projects.  But how is that profit calculated and more importantly — calculated correctly? ? It comes down to the essentials, like the rate a company pays its employees for their work, and the rate at which a company bills its clients.  These two rates have a name: pay rate and bill rates.  Understanding the difference between the two amounts is important as it helps to calculate a lot of other business expenses, like your direct cost of labor and gross profit margin. Pay Rate Bill Rate The amount of money an em ..read more
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Job Offer Letter Template, Tips & Samples
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by Julia Masselos
1w ago
A well-crafted job offer can be the difference between securing a top candidate and losing them to a competitor. It’s a powerful tool for warmly inviting your new hire into the team, setting expectations for the role, and leaving a solid first impression of the company. Like going down on one knee, it’s important to get your offer letter right. Here, we’ll explain what makes a good job offer letter, provide versatile templates for different hiring scenarios, and offer our best tips for crafting a compelling employment letter. TL;DR — Key Takeaways Job offer letters are the last step in the h ..read more
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A Beginner’s Guide to the “Big 5” Personality Traits
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by Mile Živković
1w ago
What if you could sum up the entire human personality into five main buckets? While the human personality is pretty complex and nuanced, the Big Five personality test has been used since the 1980s for psychological research, education, and hiring, among other things. However, because the human personality is so complex, there’s a lot to know about how to use personality traits to assess and manage employees (and whether or not the Big Five personality traits are been accurate). Use this guide to learn everything you need to know, from how it started to how you can measure personality traits, i ..read more
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How to use Cal Newport’s Deep Work technique to tackle demanding projects
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by Kimberlee Meier
1w ago
The superpower of the 21st century isn’t ChatGPT. Or Tesla’s self-driving car.  According to author Cal Newport, it’s the ability to stay focused in a distracted world.  Think about what our work days look like right now. Most of us have overflowing inboxes and endless meetings. And if we are in an office environment, there’s an added distraction of coworkers. It’s a struggle to find time to truly focus and get stuff done.  This is where Deep Work—a productivity philosophy championed by Newport where we channel focus into singular tasks—turns into a superpower.  So, how can ..read more
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What is Slack Time in Project Management & How to Calculate It
Toggl
by The Toggl Team
1w ago
Imagine you’ve been working hard on a major project which is due next week.  Everything is planned and working well until an unexpected delay happens. Panic sets in. Missing this deadline could mean losing a key client.  But what if you had a secret weapon with extra time to handle these surprises? That’s where slack time comes in. It’s the extra time you have to complete a task without delaying the overall project schedule.  This article will show you how to address this complexity and also: How to calculate slack time in four straightforward steps The best practices for calcu ..read more
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10 Key Project Scheduling Techniques to Know in 2024
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by The Toggl Team
2w ago
Project managers have a lot of different plates to juggle when scheduling projects—and there isn’t much room for error. They must schedule tasks to meet tight timelines, manage different resources, and keep clients happy.  The reality is, 29% of project managers say an inadequate goal setting is the main reason for project failures. And then there’s burnout—not just for team members but managers themselves. In its recent Work Trend Index study, Microsoft found that 48% of employees and 53% of managers report burnout from their to-do lists and a lack of clarity around tasks.  There is ..read more
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How to Reduce Project Costs: 7 Actionable Tips
Toggl
by The Toggl Team
2w ago
Keeping projects within budget is one common challenge that most project managers face at least once in their careers.  Scope creep is one of the main reasons why projects exceed their budgets. It happens when a project’s scope keeps expanding without proper control, resulting in higher project costs.  This article aims to help project managers who are burdened with monitoring project scope and reducing project costs.  It provides seven proven tips for cutting costs and keeping projects within budget without headaches.  Let’s get started.  What can increase a project’s ..read more
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Employee Development Plan: Tips & Template
Toggl
by Julia Masselos
2w ago
An effective employee development plan is more than just a roadmap for individual career growth. It’s a strategic tool that aligns employees’ aspirations with the evolving needs of the business. A structured plan for staying current on the most in-demand skills and the latest technology is incredibly valuable. It can lead to better employee engagement, retention, and company profitability. Here, we’ll provide you with actionable tips on creating an impactful career development plan, discuss its benefits, and give away a template to help you kickstart your planning process. TL;DR — Key Takeaway ..read more
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