June 30th 2015(India) : Employee leave trends analysis done by Empxtrack team, gives noteworthy insights and recommendations for businesses to manage employee leaves well.
CCH Incorporated estimates that the direct costs of unscheduled absenteeism can cost up to $602 per employee. Indirect costs can make up another 25% including the costs of overtime pay, hiring temps, missed deadlines, lost sales, sinking morale and lower productivity.
“When managing employee leaves, stakes rise with size of your organization and employee compensation”, says Tushar Bhatia, Chief Architect and CEO Empxtrack. He further adds that “Using an online leave management tool, can help in understanding and managing your people well, thus resulting in significant reduction of HR workload”.
Various HR queries on Leave have been adressed by the above Analysis on Employee Leave Trends. Interesting insights have been gained on, which month do employees take the most number of leaves and which days of the week are most employees on leave or how long are people on a leave.
Empxtrack Inc. believes Businesses need to inspire – their People, their customers and the community, at large. To realize this, Managers need to build Teams and lead People who work coherently, get better with times and make objective decisions. Empxtrack is a Technology that helps Managers achieve it. It is a next generation software for Human Resource and Talent Management. The leader among integrated web-based solutions for HR, Empxtrack is powerful enough to handle all 18 functions of HR department through its single window interface and provides comprehensive analytics for critical decision making.
It uniquely combines Performance Management, Compensation Planning, Talent Acquisition, Self and Manager Services, Compliance, Rewards and Recognitions, Manpower Planning, Surveys and a comprehensive Employee Database with advanced search features.
Designed as a SaaS (software-as-a- service) offering, Empxtrack requires Zero-to-minimum investment in hardware and other software components, making it first choice of the organizations that require quick to use solutions with minimum investment in technology.
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