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You have a visionary product, laser focused goals for the next quarter and a stupendous team to help you achieve this. Since it is the initial part of your company’s journey, your team obviously puts in extra hours to make it to survival in the competitive market. This very team is your strength.

And work pressure should not take the needs of this team for granted and make them work for longer hours without recognition. Most small businesses rely on the belief that initial work is important and once due revenues pour in, everyone will be rewarded. Although this is right, sometimes this time stretches far too long and exhausts employees if their lives are not made easier.

As a most basic example, in this time, employees are expected to work overtime, give their best and also take care of their own attendance by being reminded to sign in and out every day, keep track of their leaves and manage to remember details of attendance if asked. This has frustrated many people I know including myself, as no one wants to keep track of things which are so mundane. Even the most enthusiastic of employees can get demotivated if pushed up against the wall for a long time without being rewarded in some way. Small businesses are the heart of entrepreneurship, passionate visions, and enthusiastic talent. The learning curve in start ups and small to medium enterprises is immense, owing to the fact that it has fewer employees who are presented with truck loads of ownership and responsibilities. If your employees are giving you so much of their time and resources, they need to be rewarded for it by getting paid accurately and on a timely basis. [easy-tweet tweet=”Finding the right talent is way too hard in itself and if you do manage to crack that, do your best to retain them.”] experience payroll losses related to buddy punching. According to Nucleus Research, these losses average 2.2% of gross payroll.

Most organizations look outward to improve their processes. But most answers for improvement lie within the organization – we just need to ask the right questions. We keep looking at different kinds of technology, each of which promise ways in which they can increase efficiency across various functions. Programmu proverki znanij ekzamen versiya 158. But in this quest for the right technology, enterprises often neglect one of the most critical functions of their model – employee time tracking system. Time and attendance systems based on paper time cards, registers, buddy punching etc.

Lead to a loss of hundreds of hours and thousands of dollars each year. [easy-tweet tweet=”Employees reported stealing roughly 4.5 hours per week, which is equivalent to 6 weeks of vacation!”] Keeping track of employee attendance can be a daunting task if done manually.

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The biggest challenge here is also to ensure that employers are able to manage employee time effectively so that everyone is productive. This requires keeping detailed records of sick leaves and holidays, as well as ensuring that payroll gets done in an error-free manner and on time. The scope for manual mistakes remain at its peak, however, this can be reduced by investing in the right technology. But time management and tracking are also of critical importance, as it has many benefits. Switching to an automated system that helps manage attendance and time without any effort on anyone’s part and which also integrates into payroll can make the lives of employers really easy. The least your employees need is freedom from keeping track of their own attendance. Let your employees breathe!

They anyways have a lot on their plate. An attendance management software and time tracking system can empower both employees and HR teams to move away from documentation and focus on their core responsibilities. Here are the advantages it provides apart from reduced frustration among employees: Lesser time in processing payroll Processing payroll can be daunting. The can potentially convert into creating a culture of happier and more productive employees among many other benefits.

An employee attendance and time tracking system which can be integrated with payroll would mean thousands of hours being saved every month for employees and employers which are otherwise spent on recording, tracking, and processing of attendance. Investing in an automated system can enable businesses to cut their time otherwise spent on calculating payroll and also free employees from getting frustrated. Employees can focus more on their job and responsibilities, rather than feeling over burdened with the task of accounting for themselves. No human error in bookkeeping A single wrong entry or a misplaced digit can lead to massive accounting errors if done manually. The scope for human error in such critical tasks is always high. After all, to err is human. Such errors if left uncorrected can affect payroll, and your bottom line.