Tracking time and attendance has become increasingly difficult. In the United States alone, 3% of the workforce is absent on any given day. In addition, 20% of Americans are late to work at least once a week. Lost minutes add up to lost productivity. And as more work is being performed from home, it’s even more challenging to keep track of who’s on the clock. But how do we solve challenges with time and attendance in business?
Absenteeism impacts productivity
You’re not alone if you’ve ever wondered how absenteeism impacts business productivity. In a recent survey, 34% of US employees admitted they were more likely to call in sick than usual. Similarly, those who were late or absent at work accounted for an absence rate of almost 11 percent. In addition, employees who had high absenteeism rates also tended to be less productive.
There are several reasons why absenteeism can affect the productivity of employees. In addition to increasing labor costs, it can also cause poor morale among co-workers. In some cases, employees will fill in for absent ones, resulting in low morale and reduced productivity. Some employers may even consider dismissal as a result of high absenteeism. However, there are also many benefits to lowering employee absences.
One of the best ways to reduce employee absences is to create a culture of transparency and clear communication with solid time and attendance tracking solutions. When employees know their managers can communicate with them about their struggles, they are less likely to be absent. Open communication will also prevent employees from feeling they have unspoken permission to skip work. In addition, this will encourage people to make an effort to make up for missed work. Despite these benefits, the bottom line is that absenteeism impacts business productivity.
Automated time clocks reduce absenteeism.
Automated time clocks are an essential tool companies use to lower employee absenteeism. However, the benefits of automatic time clocks extend beyond the reduction of absenteeism. These devices also reduce wage errors and labor costs. In addition, automated time clocks help employers retain the best workers by reducing employee turnover. The following are some of the reasons why automated time clocks can reduce absenteeism in your business.
Time and attendance are two of the most commonly overlooked aspects of any business. Traditionally, time and attendance were handled manually by employers and employees. In the past, employees would punch physical timesheets, and a human would record the data. Unfortunately, manual systems can be inaccurate, and some employees may take advantage of the system. Therefore, many businesses have migrated to automated time clocks. These tools are an invaluable addition to any organization.
While manual time clocks are easy for employees to use, they require much work on the back end. For example, data must be transferred when manually entering employee time cards and wages computed. In addition, there is room for error, so many companies choose to invest in a scheduling suite with an integrated time clock. The software allows employees to input their reasons for clocking in and out. Moreover, users can also add additional time clocks to increase the number of employees.
Improve work-life balance by limiting overtime
Limiting overtime in your business can help you promote a healthy work-life balance for employees, and it can also help you attract and retain top talent. Employees need a variety of options and working hours. For example, some people work best in a quieter environment, while others thrive when they can work at different times of the day. To encourage this balance, consider offering flexible working hours and working from home options.
Overtime can negatively affect your employees’ health, affecting their work performance and personal lives. According to the National Institute for Occupational Safety and Health, employees who work overtime reported lower general health in 16 of 22 studies. Work-related burnout can also affect an employee’s life and lead to decreased productivity and safety. Overtime is costly for employees and your business, so it’s important to consider whether or not you need to limit it in your industry.
While two hours of overtime may not seem like a lot, it can quickly become a drain on your time and motivation. Even two hours extra per week may not do much to improve your work-life balance. Still, overtime regularly can lead to greater fatigue. And if you’re not happy with the amount of work that is getting done, you may consider bringing in another team member. By hiring someone new, you’ll improve your workforce, save money, and ensure everyone’s happy.