Time and Attendance System for your company to differentiate an achiever in 2018

“Time is money.”

Are you having a problem in managing your time and attendance? Are you still managing paper-based time-sheets for your employees? There are still many companies having a manual entry of time and attendance for their employee. It takes a lot of time for the management to check the attendance of every employee. It requires human resources at the time of Payroll. It is also a costly method to process time and attendance. Are these the same problems that you are facing?

Just answer the below questions to know if you are an achiever or a non-achiever…

1. How do you capture your time and attendance?

Do you have biometric device integrated with your attendance as well as payroll software

Non-Achiever

Do you keep manual time-sheets for the record of your employees? Are your employees arriving on time? Most of the time is wasted in capturing and maintaining the files for the entry of the employees.

Achiever

A smart time and attendance system would directly fetch data from the biometric machine. Thus saving the time spent on maintaining the files. It also improves accuracy that HR spent on verifying the attendance of every employee so that he can focus on core HR tasks.

2. How do you calculate your overtime?

Are your HR managers in calculating and managing your overtime accurately? 

Non-Achiever

Are your employees paid more or less than they should? Yes, it happens in many companies. When companies are unsure of what they should pay to their employees, they have to overcompensate the employees to keep them satisfied. 

Achiever

When you have a cloud-based time and attendance system, neither the employee nor the employer has to worry about overtime. Through a system, you can view their overtime and employers can easily calculate and pay accordingly.

3. Do you minimize queries related to time and attendance? 

Are you spending your time in sorting and resolving the queries? 

Non-Achiever

When you have manual timekeeping, there are chances of inconsistent and incomplete data of Payroll. Employees get dissatisfied as they might have been paid less, resulting in queries. This leads to high admin cost as it requires people capable of solving queries.

Achiever

Queries related to attendance is minimized through a good time and attendance system. A time and attendance system integrated with payroll as well as performance management software solves almost all the queries of the employees. As employees will get complete data on their payroll, they will have minimum queries.

4. Can you manage different shifts easily?

Are your employees arriving at the office on different shifts? Are you managing the time-sheets of different shifts accurately?

Non-Achiever

The task of managing different shifts of employees is very tedious as well as difficult. Managing the time-in and time-out time as well as break time is not easy. Employees might get disappointed if their shifts are not managed appropriately. 

Achiever

Through a good time and attendance system, you can manage the task of managing different shifts of the employees easily as well as error-free. You can easily manage shift policy for late, half-day, absent, lunch break and tea break.

5. Is your time and attendance integrated with your company policy?

Are employees following the policies regarding time and attendance? Are your policies applied consistently?

Non-Achiever

Manual time-sheets might not follow the rules and regulations made in the company policy. A problem might arise in a large organization as they might have to invest in admin staff.

Achiever

A good time and attendance system can be integrated with the company’s policy. You can easily implement the rules made for early going, late coming as well as overtime. An effective system can help you save the cost invested on admin staff.

So, are you an achiever or a Non-Achiever?

If you are an achiever, we will appreciate you.

But are you really an achiever?

Paper-based time and attendance management can be a nightmare. The risk of making mistakes might also increase. Almost 70% of the queries are solved using factoHR time and attendance software. factoHR is a platform where you can easily manage your time and attendance according to your company policy. There are many ways that we can reduce the cost through an effective time and attendance system.