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Download attendance record form in Microsoft Word format.
Track Employee Attendance Record for Enhanced Profits
Employee attendance record assumes great significance irrespective of the number of employees. Punctuality is the hall mark of discipline and this applies to all walks of life. The core objective of a business is to earn profits and this objective is best achieved when the employees carry out their assigned duties with great regularity and efficiency. Employees falling ‘sick’ at frequent intervals or doing the ‘vanishing act’ at will can significantly impact the fortunes of the business that employs them.
In modern times, there are several methods and gadgets available to track employee attendance record on daily, weekly or monthly basis. In some situations, employers may want to track the movement of their employees even during the course of the day. Technological advancements have made it possible to manage employee attendance record efficiently without the hassles that were present until about a decade ago.
In work places employing several hundred or even thousand employees, specially designed mechanical clocks were used to record employee attendance. A pre-designed card was used to record the entry and exit time of each employee and at the end of the month, the card was used by the personnel/HR/ or Finance section to compute the wages for the month. In modern times however, access control cards have become the norm with most large organizations.
Technology has come a long way, and today, there are several software programs that enable efficient management of employee attendance record and businesses can even customize these programs to address various related functions such as pay roll, productivity, productivity linked incentives and the like. Most of these programs are extremely user friendly and can be handled by people with basic knowledge of computers. A major advantage with the software is that any individual authorized by the management can access the information at any given point in time and for any purpose. Apart from this, pay roll processing which used to be a major function for large employers has now become simple and fast. The pay roll for several thousand employees can be processed in just a couple of hours with little or no manual intervention at all.
Businesses today lay great emphasis on the accountability of each individual employee irrespective of the level of responsibility entrusted to them. Thus every hour that an employee spends at work must translate to productive work contributing to the bottom line of the businesses. Work study/time study analysis which is a part of industrial engineering helps in designing the work load for each individual according to his/her level of responsibility. This method often helps in equitable distribution of work depending on the needs, qualification, and experience of the individual concerned. The modern day employee attendance record thus serves multiple functions and contributes towards enhanced profits of businesses.