75% of your workforce could be wasting 2 hours of work per week due to inefficient management.
As reported by our parent company Mitrefinch, a new survey done by the Chartered Management Institute (CIM) revealed that Billions in business revenue are being lost each year due to inefficient management.
These statistics have a direct impact on reasons why an employee may be absent more than others. As a business owner it is vital to know reasons for absenteeism in your workforce.
A complete necessity for any business is a Time & Attendance System that would allow employers to record and monitor patterns of absenteeism. This is a vital tool in tracking and controlling Absence Management. Having a Time & Attendance System which creates employee/absenteeism profiles greatly increases a business ability to control Absence Management.
Knowing how often and why your employees are absent is the difference between lost revenue or an increase in overall business profits.
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