Absenteeism is consistently ranked as one of the reasons for decreased productivity, and therefore profitability. Even though absence from work is incorporated into labour laws and regulations as an employee’s basic right, it is subject to allowances and needs to be managed properly or else it can cause operational and financial damage and expose your organization to risks arising from non-compliance with the law.
Utilizing a workforce management solution for your absence management has many key benefits, all of which are important to protecting your bottom line.
Absence Management Software Can:
• Minimize direct and indirect operational and financial damage caused by absences. Protecting employees’ rights and ensuring compliance with labour laws.
• Provide a comprehensive view that allows managers to approve or reject requests based on the organization’s needs, employees’ areas of expertise, their available balances, company policies, and other considerations.
• Provide effective and accurate transfer of data to the payroll system.
• Reduce administrative work. Automatically track employee hours and absences, allowing employees to request time off easily, and calculating who is eligible to work overtime.
While many employers are being proactive with their absence management, many employers still remain ignorant to the problem. Employers must utilize Absence Management Software to minimize absences so that the bottom line is not impacted.