Why Time & Attendance software is Key to Employee Engagement
Employee Engagement is plummeting worldwide. Is there a solution? Yesterday Forbes published an article that points out that one of the top concerns for HR executives in 2017 is how to raise employee engagement, as there is an impressive decline, a fact that is a major concern for business leaders across the world.
Aon Hewitt study of more than five million employees at more than 1,000 organizations around the world shows that employee engagement dropped from 65 percent in 2015 to 63 percent in 2016. Less than one quarter (24 percent) of employees are highly engaged, and 39 percent are moderately engaged.
As engagement falls, businesses can expect greater turnover, higher absenteeism and lower customer satisfaction—all factors that will significantly contribute to poor financial performance. Companies while they can’t control worldwide events that are negatively affecting employee attitudes, they can make the workplace more appealing through positive solutions.
One of these solutions is Time & Attendance software.
Here are the reasons why:
Boost productivity
Measuring and allocating labour time to activities and cost centres allows the business to better calculate and analyse their costs, identifying bottlenecks and inefficiencies as well as to create better pricing to their products
Synel system can eliminate a great deal of administration work as it allows full job costing analysis by project/ cost centre/ customer. The expenses’ module provides reporting and monthly expenses, including scanning receipts and updating of a monthly expenses report. The increase in productivity and effectiveness reduces stress levels and improves staff morale.
Grow a stronger company culture
Synel’s Workforce Management Solution enables the employees, to access & review their own attendance & holiday balance and even request leave on their smartphone or mobile device.
Synel solution offers a sense of shared control and transparency between the employer and employee and makes for a better relationship that can positively affect a company’s culture and contribute to higher levels of employee engagement.
Improve communication
Remote work locations can make employees feel disconnected with the head office. It can be difficult for managers to communicate with their employees, thus making workers feel disconnected with their central team at the head office.
Time and attendance software and mobile solutions like SYQR app can help increase engagement by making people connect wherever they may be.
Checking in at the client location on the phone allows managers to communicate with employees upon clocking in or clocking out.
Source: https://www.forbes.com/sites/causeintegration/2017/06/01/employee-engagement-is-declining-worldwide/