Now, more than ever before, many retail companies face an uncertain future. With ever-increasing competition, uncertain demand from customers, and increasing labour costs, it has become more important to tightly manage spend in order to survive.
To stand a chance in today’s market, retailers need to change with the evolving way in which customers purchase. Gone are the days of brand loyalty, and as such, retailers have to consider how to find new and innovative ways of appealing to buyers. With a range of challenges to face, managing employees’ hours and pay shouldn’t be one of them. Significant time and money can go into staffing costs. Not only is it costly in monetary terms, it can be incredibly time-consuming keeping track of hours worked, holidays taken, sickness and overtime.
Time and attendance solutions provide an efficient, flexible way to track hours and ensure accurate pay for hours worked for each employee. They work to increase productivity and efficiency; tracking and reporting on everything that can affect the work of your employees.
With a good time and attendance system, time can go into mentoring and training staff and focusing on customers, rather than on scheduling shifts or checking in on staff productivity.
Reduce time spent on scheduling, improve workforce efficiency, optimise staff planning and reduce labour costs. With a solution like RotaOne Thinking Software’s cloud-based time and attendance and shift management solution, you can accurately record employee’s clock in and clock out times, even across multiple locations.
It provides real-time oversight of what employees are doing and seamless integration with payroll, as well as advanced access control integrations.
The self-service feature allows employees to view shifts, request holiday, check on entitlements, etc. essentially meaning that your workforce can manage their own planned absences, without having to speak to their supervisor.
Limits can be set on how many people can book off planned absences on any particular day, so employees can instantly know if an absence request is likely to be accepted.
There are many benefits to using time and attendance. Specific advantages within the retail sector include: