Lateness among workers reduces productivity and encourages others to be late as well. This disregard for rules and processes will spread to the rest of your workforce, and before you realize it, the company will suffer as a result.
While it’s vital to be understanding with your team and recognize that unexpected things happen – cars break down, traffic creates delays, and illnesses develop – it’s equally critical to be mindful of the value of consistent, on-time attendance. Your company relies largely on punctuality from its employees, and aiming to build a work culture that promotes timely employees can go a long way toward encouraging your employees to arrive on time – more regularly.
According to a report, 120,000 employees arrive late every day, wasting 97 minutes per month on average, costing their employers N144,000 per person per year. The economic cost is expected to be N17.3 billion.
Employee productivity is one of the most essential factors in the success of any firm. Employee productivity is a decisive factor in assuring an organization’s future sustainability in this competitive economy in which companies operate. The average employee spends at least 8 hours per day at work, which must be compensated for by employers; hence, achieving a specific level of productivity has become critical for businesses to achieve and sustain a growth expectations.
Organizations are looking to boost employee productivity while maintaining fair operating expenses, but often overlook purchasing HRM tools such as time attendance tracking software/devices. Our time attendance software and devices can help organizations reduce administrative responsibilities such as timesheets, leaves, and shifts, which have a negative impact on productivity. These tools can help organizations improve their efficiency and profitability.
When a firm has more than 25 workers, managing timesheets, timetables, leaves, time-off requests, and compensation payments becomes progressively challenging. Automating these processes may greatly enhance HR productivity while also increasing your savings.
Automating employee time and attendance management is critical for assisting employees in better managing their time and giving management with data on employee time management trends.
How Our Time Attendance Device Can Assist Businesses in Increasing Employee Productivity
Punctuality
When there is a big number of employees who do not have a time monitoring device, arriving late, departing early, and overusing break times becomes the norm. Employees develop a feeling of discipline and timeliness as they come on time to complete their jobs, collaborate, and innovate to get the work done. Employers pay for the innocuous 10-30 minute lateness every day. Use a time attendance device to solve this.
Calculations are made easier
Time attendance solution automates the difficult and time-consuming calculating process of variable pay components and overtime payment computations, reducing disparities and human mistakes.
Stop “Buddy Punching” and Time Theft
Employers are plagued by ‘buddy punching’ or ‘time theft,’ which results in lost productivity and excessive salaries. Employees may request that their coworkers sign in for them instead of doing it themselves, so calculating their time while they are not present. Employers may track employees’ log-in and log-out times with biometric time attendance to determine when they start and stop working. Furthermore, because biometrics are unique, one person cannot punch in or out for another, resulting in on-time attendance and possible cost savings for enterprises.
Paperwork is reduced
Traditional attendance management methods are becoming extinct as the world becomes more ecologically concerned. Organizations are saying goodbye to massive amounts of paperwork and Excel spreadsheets in favor of cloud applications. With a biometric attendance monitoring system, collecting employee time, setting plans, making adjustments, and approving hours each pay cycle becomes instantaneous.
Conclusion
The value of a biometric employee attendance management device cannot be overstated in an era of rapid HR digital innovation. Thus, if you want to keep track of your employees’ productive hours and assist your HR staff in making the best use of their time, you should consider investing in a biometric attendance monitoring device, and we provide a complete solution from hardware to software.
