Every HR person should focus on their leave management strategy and solution as one of their major priorities.
Even though the procedure is usually overlooked, it can cost your company immensely. It is very true that the whole process of leave management is not a simple and straightforward process. Well, to be honest, it is way more than just tracking the leave dates and registering the employees.
Leave influence the capability of departments to fulfil deadlines and the general functioning of your business. Here are a few methods that can help you decode the cost of poor employee leave management.
Check Out These Ways To Understand The Cost Of A Poor Management System For Your Business
Consuming HR Staff Time
When your company doesn’t maintain an adequate leave management system, your company negatively impacts the HR department, making them spend a lot of time on manual tasks. This process of manual tasking can also lead to the consumption of lots of time and effort, and trust us; this can be streamlined by using an appropriate leave management system like ScheduleLeave.
Because leave tracking systems like ScheduleLeave streamlines and automates procedures. Employees can utilise online portals to apply for leave with a few clicks. These online portals transmit a notification to the right reporting superior for approval, omitting the HR involvement for the tracking purpose.
Reduce Employee Burnout
If employees go on random extended leave, the other team associates could be left with more additional work. They may have to carry more overtime hours than usual in some situations. Performing double shifts and not having sufficient time to relax is the formula for employee burnout.
Overworked employees are dissatisfied and exhausted. They are cleared from work and may be unable to meet deadlines. There are chances that they can resign their jobs. If they leave, their absence weakens the remaining employees. This constructs a never-ending cycle.
Dissatisfied Employees
Your employees are the gateway to your success, it becomes essential for the company to take care of their employee’s satisfaction and happiness both at once.
If your company addresses the leave management system manually, then you might get miserly for offering leave. After all, it is a very complex procedure. Keeping a track record of the leave, managing the financial calculations and maintaining a register manually isn’t an easy task.
If your employees cannot get leave when they need them the most, then there are high chances they can be dissatisfied with the work pattern, which will surely impact the results.
The Money Aspect
As per the employment regulations, employees are entitled to a precise number of leave days per year. If there are any extra leave, in any case, they will fall under loss of pay [LOP]. And it is very sure that manual leave calculations can lead to a room of human errors.
Wrongly calculated leave can end up costing your company more than you’ve expected. If, for instance, an employee takes four LOPs and you only document one, your company may confront long-term financial implications. And that’s where a functional leave management system like ScheduleLeave can save you from the problem.
So, why not control the cost of a poor leave management system in your business with the help of an automated leave management system like ScheduleLeave?
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