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What Are the Benefits of Time and Attendance Software?

TECHNOLOGY

There are several advantages of using a time and attendance system. These include improved productivity and cost control. Additionally, they help reduce employee absenteeism. This article will discuss how such software can benefit your business. Read on for more information. Here are some of the most common advantages of a time and attendance system:

Reduces absenteeism

Absenteeism is a sneaky issue for companies, so how do you reduce it? There are several solutions to help reduce absenteeism, including a proactive plan and nagging your employees about their absences. Time and attendance software lets you track how much your employees spend on the job and offers valuable data to help you implement policies and change your workplace culture.

Absence policies should be clearly defined. Absence policies should include return-to-work protocols, defined disciplinary procedures, and proactive measures that reduce absenteeism. Absences are inevitable, but if your employees are engaged in their work, they’ll be less likely to miss work. Time and attendance software can help reduce absenteeism by providing the visibility you need and providing the tools you need.

Improves productivity

Many time and attendance software applications now include geo-technology features. For example, geofencing allows employers to set specific coordinates for employees to punch in and out. In addition, geolocation records employees’ GPS coordinates to track time spent on particular projects. This information helps managers determine the time employees spend on specific projects and when they can schedule breaks. Some time and attendance apps also include features to manage employee workloads. Here are just a few features available with time and attendance software.

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Automating the time-tracking process eliminates the need for manual data entry, which saves HR personnel valuable time. Manual timesheet calculation is tedious and often leads to human error, which is costly. It is also risky for compliance reasons. For example, the U.S. Department of Labor collected $1.4 billion in back wages in the past five years due to minimum wage violations. Time and attendance software ensures accuracy and makes the transfer of data to payroll software easier.

Reduces costs

An organization should consider installing a time and attendance software system for several reasons. The costs of time and attendance systems depend on several factors, including the number of employees and administrators. Some providers include unlimited users, while others only allow a certain number of administrators. Additional users may be charged an additional fee. The cost per employee varies, but it is typically less than $1 a month. Advanced solutions can also reduce costs by allowing employees to punch their time cards electronically or through mobile devices and lowering the cost of purchasing and maintaining physical clocks.

Automating timesheet calculations is beneficial for both employees and employers. However, it is time-consuming to perform manual calculations of hours worked. In addition, errors in timesheet calculation can result in serious compliance issues. For example, the U.S. Department of Labor’s Wage and Hour Division collected $1.4 billion in back wages in the past five years due to minimum wage violations. A complete time and attendance software will detect and highlight errors.

Controls absenteeism

An adequate time and attendance management system can reduce employee absences and improve employee engagement. While there is no silver bullet to avoiding employee absences, time and attendance monitoring software helps you make sure your staff is fully engaged. According to Always On The Clock, an employee who is disengaged from work is more likely to miss work and cost your business money. So if your company has a low engagement score, it may be time to consider a time and attendance monitoring system.

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Absence policies are essential for all organizations. But they can also be ineffective and lead to increased employee turnover. So instead, use a positive approach to improve employee attendance. For example, integrating a workforce management system with your current time and attendance management software can improve employee morale and strengthen absence policies.

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