메인 콘텐츠로 건너뛰기
항목을 찾을 수 없습니다.
dropboxsign 로고
Dropbox Sign을 사용해야 하는 이유
아코디언 메뉴 펼치기/접기

포함된 기능

온라인에서 문서 서명
전자 서명 만들기
템플릿 선택 또는 생성
PDF를 작성하고 서명하기
온라인 계약 체결하기
문서 관리
기능 살펴보기
오른쪽 방향 화살표 아이콘

이용 사례

영업 및 비즈니스 개발
인사
스타트업
재무 기술
부동산
온디맨드 서비스
제품
아코디언 메뉴 펼치기/접기
Dropbox 아이콘
Sign
간편한 문서 전송과 서명
Dropbox 아이콘
Sign API
워크플로에 전자 서명 통합
dropbox fax 아이콘
Fax
팩스 없는 팩스 전송
dropbox 통합 아이콘
연동
여러분이 일하는 곳이라면 어디서든 구현 가능한 Dropbox Sign
관련 자료
아코디언 메뉴 펼치기/접기
블로그
워크플로 전문 지식과 제품 소식
고객 이용 후기
실제 성과를 엿볼 수 있는 실제 스토리
도움말 센터
Dropbox Sign 제품 심층 설명
자료 라이브러리
보고서, 동영상, 정보 안내서
개발자
요금
아코디언 메뉴 펼치기/접기
Dropbox Sign 요금제
가장 적합한 요금제 찾기
Dropbox Sign API 요금제
실제 성과를 엿볼 수 있는 실제 스토리
영업팀에 문의
가입
영업팀에 문의
로그인
아코디언 메뉴 펼치기/접기
Dropbox Sign
Dropbox Forms
Dropbox Fax
무료 평가판
블로그
/
HR 조언

A simple way to calculate how much your time is worth

by 
Claire Murdough
April 21, 2015
6
분 소요
A Simple Way to Calculate How Much Your Time is Worth
툴팁 아이콘

새로운 이름, 변함없이 강력한 성능! HelloSign이 Dropbox Sign으로 새롭게 탄생했습니다.

닫기 아이콘

Valuing time is something that we do a lot of at Dropbox Sign. We’re an eSignatures company, but we also live and breathe productivity. That means we’re fans of online tools and services. It also means we’re constantly reevaluating what works and what doesn’t work – particularly when it comes to how we spend our time.

‍

It's a pretty easy little formula, too:

‍

Value of your time = how much of “x” you gain (or protect) with every chunk of time saved.

‍

Further, using different measures to value time worth can help you prioritize tasks, seal time vacuums, and improve productivity. So what are these “x” values? And how can you factor them into your time worth equation?


Let’s take a look.

‍

x = Wealth/$

It’s easy to equate time lost with money lost. This is particularly true for professionals or business owners who feel the heat of a monthly budget. So it makes sense that measuring a $ value is one of the most popular ways to track the worth of your time. 

‍

This measure also has the most number-crunching potential:

‍

Value of your time per hour/60 = Value of your time by minute


Using that equation, someone making $30/hour could plug in basic info to get the following equation:

$30/60 = $.50 per minute.


Ta-da! There’s your answer. In this case, the value is $.50 per minute. Breaking down the value of each minute can be illuminating, but the $ equation works best when you take it a step further and calculate how much unnecessary tasks are costing you over time. 

‍

For example:

10 minutes spent on an unnecessary task each workday x $.50 per minute = $5.00 cost

‍

$5.00 cost x 5 days per work week = $25 per week

‍

$25 x 52 weeks = $1,300.

‍


Suddenly, that 10 minutes seems a little more costly. Breaking down time vs. money is a simple but compelling metric to measure. Beyond giving your time a dollar amount, measuring time by wealth can also help you see the big picture for your budget or your company finances.

‍

x = Productivity

It's one thing to recognize how much a minute lost costs. But when you figure out what you can do with those 10 extra minutes?

‍

Boom. Mind blown. 

‍

What would you do with an extra 10 minutes? We'd guess: a lot. At Dropbox Sign we love measuring in productivity potential. We know that overly long processes take away the breathing space for employees to do great things. So Dropbox Sign's taken proactive measures to streamline general office “stuff.” We’re strict about keeping our weekly company meeting to under 1hr. And one of our engineers, Nick, even created a chat bot that shares company info employees might need to access again and again.

‍

To evaluate the productive value of time spent on a task, ask yourself:

  • Is there something else I can be doing to make tasks more efficient or productive? Am I doing the same task over and over again?
  • Are there any opportunities to streamline or automate recurring processes?
  • Are there opportunities to piggybacking existing habits onto one another? Is there a way to double-up on efforts without sacrificing quality?

‍

Measuring your time in productive minutes gives you the opportunity to think about how you might accomplish tasks in a shorter period of time. It’s also a great way to maintain and refine dynamic work systems.

‍

x = Mental bandwidth

So you can measure time in $ and you can measure time in productivity, but have you ever thought about measuring time in mental bandwidth? Measuring your time by mental bandwidth gained/lost is a particularly helpful as you work towards larger goals. 

‍

Ideally, you want the mental energy put into a task to meet or to exceed the output. If you’re doing tasks over and over again that are depleting your energy reserves - even if they don’t take up too much of your time or effort - you’re losing valuable mental energy. 

‍

Our team ops leader Gina Lau, likes to share a Dropbox Sign-ism with all new hires, “You don’t have to suffer.” This isn’t just to set new hires at ease (though it does!). It also emphasizes that time spent beating your head against the wall doesn’t always result in the stellar performance or work. In fact, suffering silently can detract from discovering the solution. 

‍

To seal up energy leaks, it's important to approach scheduling with a couple question in mind: Will this deplete my mental energy reserves? Is the mental cost necessary? Most importantly, how can I rehaul the way I approach this task or set of tasks so that my brain isn't suffering? 

‍

Using mental energy to value your time helps you to avoid the “I must do everything all the time!” approach to scheduling your time.

‍

x = Happiness

‍
Happiness is crucial when measuring the worth of time spent on any given task. The caveat? There’s no real way to measure happiness (scientists are on it though!).

‍

So how can you measure your time in happiness? View time or tasks through the lens of happiness potential. 

‍

One way to approach this is to take a look at some of your anti-happiness tasks. These are those tasks that cause you frustration and act as points of friction throughout the day. Focusing on pains may seem counterintuitive when you're valuing happiness, but they're often excellent indicators of areas that could use a little change. 

‍

For instance at Dropbox Sign, happiness is of the utmost importance. But that doesn’t mean it always comes naturally or that we don’t encounter challenges. One of the best ways we've found to keep the happiness value on track is by asking for constant feedback from employees (and encouraging employees to share when they’re not feeling the happiness value is being met). 

‍

Getting a feel for the problems or the pain points provides us with the info we need to keep happiness as a top priority. This in turn helps us to continue factoring happiness into the time worth equation as we scale new challenges. 

‍

This is the most unmeasurable of the four measures, but arguably the most important. C'mon, get happy!

‍

So what?

Time to answer that final question: What’s the result of all this digging? 

‍

Simply put, valuing your time based on different standards can help you to start asking (and answering) the right questions.

‍

For example:

  • Does this task justify the monetary cost of my time?
  • Could I find a more productive solution?
  • Is the mental exhaust worth the effort put in (even if it seems like a relatively quick task)?
  • Is there a way to refine the task or rework the project to increase my (or my teams) happiness levels?


The answers to your questions will help you to get a sense of where your time might be best spent. Even a few minutes each day to gut-check the different values of time (especially as they relate to particular tasks or projects) can help you to create your best (and most productive) schedule.

진행 상태 확인

모두 완료되었습니다! 받은 편지함을 확인하세요.

Thank you!
Thank you for subscribing!

Lorem ipsum

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Lorem ipsum
오른쪽 방향 화살표 아이콘
닫기 아이콘

Up next:

illustration of a man with a ladder standing on a bunch of shapes slowly assembling them in a document
HR 조언
4
분 소요

Is it time to update your employment contracts?

A man is opening a handbook up and a bright shining light is showing on his face
HR 조언
7
분 소요

How to get started with an employee handbook

전자책

소규모 비즈니스는 하이브리드 근무를 어떻게 활용해야 할까?

제품
Dropbox SignDropbox Sign APIDropbox Fax연동
Dropbox Sign이어야 하는 이유
전자 서명문서에 서명PDF 작성과 서명온라인 계약전자 서명 만들기서명 편집기Word 문서 서명
지원
도움말 센터영업팀에 문의지원팀에 연락쿠키 관리시작하기: Dropbox Sign시작하기: Dropbox Sign API
관련 자료
블로그고객 이용 후기자료 센터합법성 지침신뢰 센터
파트너
전략적 파트너파트너 찾기
회사
함께 일하기이용 약관개인정보 보호
Facebook 아이콘Youtube 아이콘

사용 가능한 결제 수단

Mastercard 로고Visa 로고American Express 로고Discover 로고
CPA 컴플라이언스 배지HIPAA 컴플라이언스 배지Sky High Enterprise Ready 배지ISO 9001 인증 배지

Dropbox Sign 전자 서명은 미국, 유럽연합, 영국을 비롯해 전 세계 많은 국가에서 법적 구속력을 발휘합니다.
더 자세한 정보는 이용 약관과 개인정보처리방침에서 확인할 수 있습니다.