Time and Attendance systems provide a company with the means to operate with a managed labour force. With a Kaba time and attendance solution a company can control the significant costs incurred by employees.
Punctuality
Up to 3 hours 41 minutes are lost per week in lateness, breaks, early departure, cigarette breaks etc. A time and attendance system can monitor this time an help you get back valuable time.
Approximate saving of up to £500 per employee per year
Payroll Errors
Between 0.5% and 5% of your payroll cost is accounted for by manual errors which could be eliminated with a more efficient time and attendance system.
Approximate saving (at 1%) of £166 per employee per year)
Clocking-In
You can lose 1 to 7 minutes per employee in auditing clock cards or time sheets which can be saved through a streamlined automated time and attendance system.
Approximate saving £16 per employee per year
Manual Time Sheets
It’s natural for people to round their timesheets when they complete them manually. A time and attendance system avoids this problem.
Even if just 7.5 minutes is rounded up each day, this could cost £260 per employee per year.
Sick Days
40% of employees would “think again” if they know their attendance was monitored by a time and attendance system.
How many sick days do you pay for?
Activity Monitoring
Some 640 hours per year are lost to inefficient workplace practices in an average manufacturing business.
A time and attendance system monitors, and helps eliminate such inefficiencies
Without correct labour management employees can inadvertently deteriorate a company’s profit. Most will be unaware of it, while a few may be taking advantage of simple and easy to manipulate systems. The above are the average costs that can be saved each year by implementing a time and attendance management system from Kaba.
Time and Attendance – an efficient solution for your business
Every employee is different, but each and every employee can fit into the integrated Kaba time and attendance solution. It has been implemented in all types of industries, including manufacturing, distribution, financial, food to retail. A Kaba time and attendance system can reduce labour costs and increasing employee efficiency.
Kaba is one of Europe’s leading providers of time and attendance systems, we manufacture the terminals, develop the software and provide implementation, consultation and support when the solution is delivered.
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