ALL >> Business >> View Article
The Real Cost Of Tardiness

Staff arriving late costs business, and in turn the economy, millions of pounds every year. It may seem as though a minute here and there is not going to make much difference, but when you multiply a few minutes by your entire work staff and again by the number of days they work throughout the month, the lost time can suddenly add up to a huge amount of money.
It is also usually not just a minute here or there. The average amount that employees tend to be late is around ten minutes, and on certain days around two thirds of a company’s workforce may roll up after they should.
It may seem that being more rigid about timekeeping will lead to employees feeling that the workplace is oppressive, but there are plenty of ways to enforce punctuality without breathing down your employees’ necks.
Time recording software can log all time & attendance figures for you instantly. Therefore, when staff are late, you do not need to bring them up on it, but simply only pay them for the exact time that they happened to work. By doing this, people are far more likely to turn up on time and when they do not, you will ...
... not be losing money.
The other benefit of such time recording software is that many such programs can also produce data for payroll too, saving you time and money here too.
The more focussed you are on time & attendance, the more productive you are likely to be, and the increased efficiency of your company can end up making you as much money as the savings on pay will. And with the right software, you can do this without staff feeling as though you are breathing down their necks, and you can put the ball in their court to make sure that they arrive on time, every time.
For more information please visit – www.pandq.com
Add Comment
Business Articles
1. Technology Landscape, Trends And Opportunities In Automotive Blind Spot Detection System MarketAuthor: Lucintel LLC
2. Technology Landscape, Trends And Opportunities In Automotive Artificial Intelligence Market
Author: Lucintel LLC
3. What Are Assurance Services? A Complete Guide For Businesses
Author: RA Global
4. Stainless Steel Bright Bar: A Rising Star In The B2b Market In The Us
Author: Pipex.ai
5. Professional Medical Credentialing Services For Healthcare Practices
Author: patriotmedbill
6. Technology Landscape, Trends And Opportunities In 5g Chipset Market
Author: Lucintel LLC
7. How Does The Cost Of A Light Commercial Vehicle Affect Your Business?
Author: Ravi
8. Technology Landscape, Trends And Opportunities In 4k Display Resolution Market
Author: Lucintel LLC
9. Offshore Medical Billing - All You Want To Know! - Info Hub Consultancy
Author: infohubconsultancy
10. Byst: Empowering Women With The Best Business Ideas In India
Author: Byst Youth
11. Gi Chain: The Next Evolution In Martial Arts Apparel
Author: yasirsheikh1891
12. Preserve Travel Memories With Expert Photo Editing Hacks And Professional Services
Author: Sam
13. High-performance Inconel 625 Astm B446 Round Bar
Author: Neptune Alloys
14. Technology Landscape, Trends And Opportunities In 3d Bioprinting Market
Author: Lucintel LLC
15. Wintech Engineering Llc – Premier Engineering & Fabrication Services In Al Hayl Industrial Area, Fujairah, Uae
Author: Wintech