Ensure compliance with quick access to employee records
Employee abseteeism can cause havoc with businesses if they are not planned for, with missed deadlines and unhappy customers. By installing an automated time and attendance system you can increase the accuracy and reliability of attendance information. Inaccurate time management can lead to costly regulatory compliance missteps, among other pitfalls.
Without accurate and reliable time data captured from employees and passed to other parts of the human resource management system (HRMS) and payroll system, error-prone breakdowns are likely to occur. These can result in payroll errors, noncompliance, decreased employee morale, and turnover.
Quick access to employee time and attendance data
While a time and attendance system cannot guarantee your organization’s compliance with employment laws, the data collected and available through the system can help ensure you comply with labor regulations regarding proof of attendance. Being able to quickly obtain accurate records of employee hours worked and leave taken is more essential today than ever before.
Time and attendance management is one of the most important aspects of recordkeeping compliance. Federal and state wage and hour laws require that employees be paid for every minute that they work, including overtime. Wage and hour actions are very common, and the fines and penalties can be costly. The average business in the US receives six fines per year for compliance issues.
A cost effective solution
Implementing an automated time and attendance software solution is good sense for most organizations, because it delivers many benefits at relatively low cost. Your ROI and added productivity will be greatly strengthened by choosing a solution that integrates with your payroll systems.