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Costing Your Time

Finding Out How Much Your Time is Worth

How to Use the Tool:

The first part of your focus on results should be to work out how much your time costs. This helps you to see if you are spending your time profitably.

If you work for an organization, calculate how much you cost it each year. Include your ... (Sign in to read more.)

 

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Key points:

Calculating how much your time is worth helps you to work out how whether it is worth doing particular jobs. If you have to spend much of your time doing low-yield jobs, then you can make a good case for employing an assistant.

This is just one of the tools explained in Mind Tools Make Time For Success! This book takes you step by step through an easy to follow process that will teach you how to work smarter and not harder. Click here to learn more.

In the next article we look at deciding work priorities, important if you're going to focus on what's important and cut away distractions. To read this, click 'Next article' below. Other relevant destinations are shown in the "Where to go from here" list underneath.

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New Articles (Not included in the Mind Tools E-book.)
* Shows articles available in full only to Career Excellence Club members

Locke's Goal Setting Theory - Understanding SMART Goal Setting
Golden Rules of Goal Setting - Five rules to set yourself up for success
Backward Goal-Setting - Using backward planning to set goals
New Year's Resolutions - Planning for a year of achievement
Prioritization - Making best use of your time and resources
Action Priority Matrix - Making the most of your opportunities*
The Art of Filing - Managing your documents... and your time
The Urgent/Important Matrix - Using time effectively, not just efficiently*
Treasure Mapping - Visualizing your goal for greater achievement*
How Good is Your Time Management? - Discover tools that can help you*
Pickle Jar Theory - Make your schedule work. Leave time for fun!*
Managing Interruptions - Maintain focus. Keep control of your time.*
In Flow - Maximizing productivity through improved focus

A full list of Mind Tools articles is available here.

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