Tracking employee attendance is one of the main pillars of running a successful business. But why is it so helpful? With the help of Chronotek’s Smart Time Tracking, and a few tips and tricks, you can be on the road to a better working attendance tracking system.
One of the biggest hassles a business can face is employee absenteeism. The U.S. Department of Labor estimated in a 2017 study that almost 3 percent of a company’s workforce was missing on any given day. This issue is frequently not tackled effectively or with adequate knowledge to alleviate it. The lack of a time tracking system for accurately monitoring your employee’s attendance is costly. Things such as loss of company morale, a lower rate of productivity, and even the cost of temporary labor costs, can be a massive burden on companies not well equipped to handle this stress.
Along with these costs, tracking how well your company is performing in the productivity department lets you know when more help is needed within your organization. Tracking which employees or departments have the highest absence rate can help you find issues within your policies or identify why those employees are missing so much.
There are some easy tips you can implement within your company to help fight against absenteeism. Developing an effective system for tracking the time an employee is absent is paramount. Employing an absentee spreadsheet for your HR team is a simple way of monitoring attendance. One way to address this issue is to implement a weekly time report and establish an updated attendance policy that all employees must follow.
Offering incentives can encourage excellent attendance. Common incentives include an end-of-year or end-of-quarter bonus. Keeping company morale at its best is another great way to decrease absenteeism rates within your company. Having good relationships between management and other employees boosts employee attendance, which can lead to better performance in your organization. Even small things like making sure employees are paid in full and on-time are easy ways to lessen the amount of absenteeism.
Providing an easy-to-use system that allows employees to clock in and out, like with the Chronotek time clock, helps ease the risk of absent workers. Having a system like this in place will also lessen the burden on other departments. Allowing employees to record their attendance lowers the amount of stress one person may have when entering the attendance data.
The chaos of running a business can lead to many missed issues. Implementing a system like Chronotek will alleviate the stress of employee absenteeism in your company. Don’t let the strain of employee absence get you down, and instead, get ahead of the problem with these tips.