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Leave
Management
Paid
time off has a significant financial impact on a company's
bottom line. Research has shown that employers spent an
average of 14.6% of payroll on absence-related benefits.
Given
the financial resources committed to time off programs and
the paper intensive processes that surround those policies,
it's no wonder that many employers are evaluating their
leave management processes and policies to make sure they
are not wasting time and money.
Employease
Leave Management helps Finance and HR Departments sleep
better at night knowing that their leave programs are efficiently
managed and accurately tracked.
| Bottom
line impact
- if errors in your leave management programs are costing
you two or more days of paid time off per terminated
employee, managing your leave programs with Employease
could result in hard dollar savings sufficient to pay
for the entire Employease system*. |
Companies
can establish and enforce the rules for all of their leave
policies, and build workflows into the system so that the
person responsible for the request is making the request.
Routing and approvals can also be customized based on a
company's unique business processes. Most importantly, time
off information will be consolidated for analysis, reporting,
and financial planning.
*
Based on 20% turnover.
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Using
Employease Leave Management employees can:
- View
time earned, time taken and remaining balance for
each policy assigned
- Model
balance as of a specific date to get a real time
snap shot of balance information
- Enter
and request time off
- Carryover
accrued time
- View
time off transaction history
Using
Employease Leave Management managers can:
- Approve
or reject employee requests for time off
- View
time earned, time taken and time remaining for each
employee
- Model
an employee's balance as of a specific date
- Enter
and request time off on behalf of employees
- Carryover
accrued time on behalf of employees
- Make
adjustments to an employee's balance
- View
transaction history of employee leave requests
Using
Employease Leave Management HR can:
- Perform
all of the functions that employees and managers
can perform
- Edit
leave records
- Delete
leave records
- Manage
leave policy assignments
- Edit
the employee's service date
- Assign
leave policies during the hire process
- Report
on aggregate data for leave policies
Employease
Leave Management is fully integrated with all other
Employease applications and services.
 
If
you would like to learn more about Outsourcing services
that you can use to complement our HR and benefits
applications, click
here
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