Companies like Netflix, General Electric, and HubSpot have gained attention lately by offering unlimited vacations to their employees. The United States has the reputation as the "No Vacation Nation" and these programs are trying to correct that trend and address employees' concerns about work-life balance. Is unlimited vacation a short-lived fad or the way businesses are going to have to operate to attract top talent? Take a look at the benefits and drawbacks of unlimited vacation outlined below and consider whether it's right for your business.
Have you calculated how many hours you’re wasting on your current time tracking system? Whether you rely on pen and paper or internal spreadsheets, you are probably spending way more time than necessary on your time tracking system. Below, you can find three ways your time is being wasted with your current time tracking system and how your employees' productivity could be improved with an automated time and attendance system.
Managers know that overtime can eat into a company’s bottom line, but most businesses are so aggressively against overtime that myths regarding it abound. Here are six examples of myths about overtime that have developed over the years.
One of the hardest tasks in management is making good decisions that benefit both your employees and your business. As businesses grow and change, many are paralyzed by the fear of making the wrong move which can damage their business growth and employee morale. The time and attendance data offered through workforce management software is one way that managers can gain extra knowledge of their business needs and make smart decisions. These are just five ways time and attendance data can help you make better business decisions.
Payroll pros know the danger of their profession. One wrong decimal point and you could be staring down the barrel of legal fines and litigation. Yet even the most careful payroll professionals can overlook some simple problems that cost your business money and productivity. Open the books and find out whether your payroll is being affected by these easy-to-miss problems.
With the average employee stealing 4 hours and 5 minutes every week, getting a handle on your timesheets is essential. Yet many businesses don't realize that this immense cost can take almost five percent of their own payroll expenses annually and may be easier than they think. Stop time theft today by identifying these six ways your employees could be manipulating their timesheets.
Implementing time and attendance software can feel like the ultimate solution. As your company moves away from paper punch cards and onto a software system, growing pains are inevitable, but many companies don't consider that at some point, they need to upgrade their system. Thankfully, it's easy enough to spot when it's time to move one from your current time and attendance software. Ask yourself whether you're experiencing these five signs that can indicate you need a new time and attendance solution.
Few industries schedule with only a 9-5 shift in mind. Today's workplace requires flexibility not only to offer great customer service, but increase productivity and engage employees. While it's difficult to create the perfect employee work schedule, taking your current schedule and making it better is possible. To make the most of your business' and your employees' time, start using these tips to optimize your employee work schedules.
Overtime can tax a company. Whether it's a necessity during the busy season or a gradual abuse of your timekeeping system, keeping overtime to a minimum is required for growing companies to excel. If unauthorized employee overtime is draining your company's resources, use these four tips to reduce that abuse.
Tardiness is a fact of life. Some mornings the car won't start, it takes a little longer to get dressed, or there's a family emergency that leaves you racing to the office. For some employees though, tardiness is a daily occurrence and one that can negatively impact your productivity. Whether it be delayed meetings or difficulty communicating, a chronically late employee needs to be taken to task. With approximately 16 percent of workers clocking in late one or more day a week, the problem is widespread and these tips can help you address tardiness once and for all.
Topics: Time and Attendance