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- How Can Employees and Employers in Singapore Benefit from Time and Attendance Software
How Can Employees and Employers in Singapore Benefit from Time and Attendance Software
by Ayushi Aggarwal | 5 min read
According to a nationwide study conducted in 2022, 78% of the employees in Singapore feel burnt out at work and only 54% are satisfied with their work-life balance. These figures necessitate a reimagined approach that facilitates better integration, healthier boundaries, and better balance, i.e., Work-Life Harmony.
However, for employers, increasing the productivity of employees without burning them out is one of the most delicate balancing acts, and the tightrope has never been this narrow. The employers need to gain real insights into capacity, utilization, and under-tapped resources. But this still remains a challenge for many businesses, mainly the ones that fear pushing employees in the wrong way that may lead to people leaving and creating the vacancies that’ll be hard to fill.
An add on to this is the complexity of managing the employees working from home or in flexible hours. Amidst all this, it can be hard to track and know who is working on what, how efficiently and if they can take on more tasks.
Nonetheless, businesses of all sizes can combat such complexities with efficient and advanced time and attendance software. It is also offered as a feature of payroll services in Singapore and other regions across the world. For example, Ramco’s global payroll solution is inclusive of touchless time and attendance that facilitates tracking and managing all the aspects of an employee’s time.
In Singapore, businesses are recognizing the value of such integrated solutions and are adopting them to streamline their operations, improve their bottom line and keep their employees satisfied.
In the following sections, we’ll explore how employees and employers in Singapore can benefit from time and attendance software.
One of the most obvious benefits of using time and attendance software is better time management. The software allows employees to clock in and out with ease, reducing the time it takes to track employee hours manually. This, in turn, allows employers to better manage their resources, optimize their workforce, and reduce labor costs. Because they can easily track employee attendance, monitor breaks, and overtime, and ensure that employees are working for the hours they are supposed to.
Manual time tracking is prone to errors, which can lead to costly mistakes for employers. Time and attendance software, on the other hand, is highly accurate and reliable, reducing the risk of errors. This can help employers avoid overpaying or underpaying their employees, reducing the risk of legal issues or labor disputes. Additionally, automated time & attendance tracking can help ensure that employees are paid for the hours they worked, as opposed to the hours they were supposed to work.
Singapore has strict labor laws and regulations that employers must comply with. Time and attendance software can help with this by ensuring that employers are accurately tracking employee hours and complying with labor laws. With automated time tracking, employers can easily monitor and manage employee breaks, overtime, and other labor-related issues, ensuring that they are in compliance with the law.
With feature-rich time and attendance management software, employees can easily track their hours and view their schedules, reducing the time and effort required to manage their attendance. This, in turn, helps employees feel more engaged and motivated, as they are able to focus on their work rather than their attendance.
Also, employers can easily identify the areas where employee engagement can be improved and take the required steps to address them.
As the time and attendance software allows employees to clock in and out from anywhere, anytime, employers are able to offer greater flexibility to their employees while reducing the need for physical time clocks. Additionally, with automated time tracking, employers can easily manage remote workers, ensuring that they are working for the number of hours they are supposed to.
Time and attendance software is easy to integrate with other business software, such as payroll and HR management software. For example, Ramco’s payroll system in Singapore comes with touchless time and attendance management system. This integration can help streamline business operations, reducing the time and effort required to manage employee attendance and payroll. Moreover, employers can easily generate comprehensive reports and analyze data, allowing them to make better-informed decisions about their workforce.
The software can provide employees with enhanced transparency in the attendance tracking process. This can help them feel more in control of their attendance and work hours, leading to increased job satisfaction and motivation.
Employees can be assured that they are paid accurately as per their working hours. The software helps reduce the chances of errors in payroll processing and ensures timely and accurate payment of salaries.
Most importantly, the time and attendance software can help employees improve their work-life balance by providing them with accurate records of their work hours. This can help them identify opportunities to adjust their work schedules to better fit their personal lives, leading to increased job satisfaction and motivation.
Using time and attendance software can help reduce disputes between the employers and employers regarding attendance and work hours. The software provides accurate records that can be used to resolve any discrepancies and can help reduce misunderstandings and conflicts between employees and employers.
Ramco offers technologically advanced time & attendance tracking software inclusive of facial recognition and GPS + NFC based attendance management systems. Our solutions come with remarkable features like schedule management, automated time & attendance tracking, anytime, anywhere access and absence and overtime tracking.
Moreover, our advanced attendance management system comes as a complementary feature of our global payroll solution. You can even opt for an integrated payroll solution to fulfill all your payroll management needs in Singapore or any other country.
Now is the time to redefine employee experience by leveraging Ramco Global Cloud Payroll with Time & Attendance on ONE platform across the globe.