- How much time do you spend or waste managing leave in your organization?
- How accurate are these calculations?
- Are those in compliance with your HR policies?
- Have you arranged backup for leave you approved?
- Are your employees satisfied with your service?
Many companies tend to take leave management lightly, but research has shown surprising results on how leave management directly impacts business performance. Some classic examples would be;
- A loss to the company - Many companies reimburse certain leave, if employees did not use it up, this might prove to be costly for the company.
- Abiding by legal policies - If you are a multinational, you probably will have to comply with many rules put in by governments of these countries, if you don't comply with them, you risk being sued by your employees or the relevant authorities.
- Performance, emotions and leave - Too much leave will result in careless work, whereas less leave will increase stress and mess up the performance and emotions of an employee.
So how do you overcome these problems? The OrangeHRM Leave Management module is an accurate, quick, configurable, and user-friendly way of managing your organization's leave. Unlike many other leave management systems, which require you to adapt to the features available on them, the OrangeHRM PTO can be configured exactly the way you want it to work. Some key challenges you can overcome include;
- Important and accurate information - It's not only about managing leave, monitoring trends and patterns are critical metrics that allow accurate forecasting.
- Policy awareness and compliance - Leave policies will be conveyed to the employees in the form of in-built help, messages, and warnings, reducing lack of knowledge on leave policies and ensuring proper flows are followed.
- Employee self-service - Saves HR's time in handling employees' leave queries, they can log in to the system to find out all they want about their leave.
- Multi-location management - A centralized system yet localized to be used in all your branches worldwide with rules specific to each country. You can have global and regional administrators with any combination of access rights.
- Leave accrual / carry forwards and expiries - Automatic leave accrual based on your company's leave policies and timely carry forwards of leave with configurable expiration dates for the carry forwards. The OrangeHRM Live trial version is not equipped with this new feature at this point, but it is available for production users. The system will be introduced into the trial version within the next couple of months. Many existing users have been upgraded to this new version.
- Bradford Factor - Measuring absenteeism is a key factor for organizations, but calculating these manually can be tedious and inaccurate. With the Bradford Factor calculation plugin on OrangeHRM, you can calculate the attendance score of your employees, which is a key piece of information to increase productivity.
For those using the open-source version, the system will be provided as a plug-in upon subscribing for a Advance plan.