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With business and institution managers as the research subjects, 170 questionnaires were collected through mail and on‐the‐spot investigation. The results were: Forming time management effectiveness scale (TMES) including 11 inner factors; female manager is lower than male in total time management effectiveness; the total amount of male manager’s working time per week adds up to 52.489 hours and female manager’s 46.438 hours. Differences are seen in the amount and structure of working time as well as non‐working time. Finally, there is no significant difference between male and female managers in the serious degree of each wasting time factor but difference in sequence. The results here can serve as a reference for further studying and developing time management theory, for probing into the gender differences in time management, and will improve managers’ management practice.

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