Importance of Attendance Management
As attendance management fulfils various objectives, making it important for organisations to follow. Some of the importance of attendance management is stated as follows:
1. Payroll Accuracy: Accurately calculating employee wages and benefits depends on attendance management. Good attendance management can record the exact working hours of employees correctly.
2. Allocating Resources: HR can use attendance data to identify the ideal workforce levels, allocate resources wisely, and prepare for seasonal or peak workloads.
3. Leave Management: An organised attendance management system includes leave management, which makes it simpler for employees to request leaves of absence and for managers to grant or refuse them.
4. Employee Accountability: Attendance management promotes employee accountability for attendance and working hours.
5. Performance Evaluation: Attendance information may be taken into consideration when evaluating performance. An employee’s performance rating might be positively impacted by consistently keeping scheduled hours and being on time.
6. Legal Protection: Accurate attendance records can offer organisations legal defence in the event of conflicts or claims over employee time off, overtime, or attendance.
7. Cost Control: By reducing unapproved overtime and absence, effective attendance management aids in the management of labour expenses. It enables businesses to more precisely maintain budget for labour costs.