Did you know that 77% of employees experience burnout at their current jobs?
A recent survey by Deloitte revealed these staggering stats along with other findings like: -
- Employee burnout knows no boundaries - 91% of respondents said that having a tremendous amount of stress negatively impacted their quality of work.
- Passion doesn't prevent workplace stress - No matter how passionate you are about your job; it doesn't make you immune to stress or burnout.
- Companies are not doing enough to minimize this burnout - 70% of respondents feel their employers are doing nothing to prevent or alleviate their burnout.
Where does your company stand on employee burnout?
The fact is that 52% of all workers are feeling burned out. And this number has increased significantly since the COVID-19 pandemic.
A leave management system is what your organization needs.
Why Invest in a Leave Management System?
Did you know that with a proper leave management system in place, you can not only avoid burnout but also increase employee productivity?
It's a simple fix. A leave management system can enable your organization to allocate, track efficiently, and approve leave or time-off requests, making your and your employees' life easy as pie.
The best part? The same system can also allow employees to monitor their leaves and put in time-off requests with just a few clicks. To delve into the benefits of a leave management system, read on...
5 Reasons Why We Love LMS (Leave Management Systems) and You Should Too!
1. It Streamlines the Leave System, duh!
A robust leave management solution has an all-in-one dashboard that allows both the employer and employee to view the employee's leave balance. And not just that, it also allows employees to check when their co-workers are on leave to ensure there is enough manpower for the day/s they are planning to apply for leaves.
Furthermore, it includes a built-in reporting module wherein your HR can create interactive reports based on the acquired data. With employee-wise, company-wide reports, your organization can analyze leave patterns and gain actionable insights.
2. It Increases Employee Satisfaction and Engagement
Remember those shoddy old days when you were required to sit in front of your superior/manager to ask for a week off, and he/she tried to negotiate the timeline, asking you to take 3 to 4 days off instead of the entire week?
Before the advent of leave management systems, taking time off or requesting leave required a lot of paperwork and face-to-face negotiations. This is where leave management systems stand apart from the crowd. These solutions not only eliminate such hurdles but also allow your company to GO PAPERLESS! Employees can now request leaves in just a few clicks, and managers can simply approve them in real time.
It doesn't get better than this!
It is transparent, it saves time, and it increases employee satisfaction. What's more, it helps reduce unexplained absenteeism. All of these benefits ultimately result in enhanced employee performance as they'll have one less thing to worry about.
3. It Builds Confidence and Well-being
A fair and proper leave management system instils confidence in your organization and you as an owner/manager. And not just that, it also displays how willing your company is to go the extra mile when it comes to employee satisfaction and engagement.
This helps foster trust, leading to happier, more productive, motivated, and more engaged employees. And what does that mean for your business? Success, productivity, meeting objectives, and more.
4. It Allows for Proper Leave Planning
A leave management system allows employees to view their leave balance in real-time, whether planned or unplanned. What good does that do?
It enables the employees to plan their leaves and notify the manager of their absenteeism. This will help the decision-makers plan shifts accordingly to ensure there's enough workforce to meet the daily targets.
Moreover, nobody wants to work extra hours just because the management failed to allocate the workaround holiday leaves, right?
This is where a leave management system comes in handy. It provides a bird's eye view of annual holidays, allowing you to prevent disruptions at work or missing deadlines. And since you can plan ahead, you can ensure that the business operates optimally to meet its deadlines and obligations.
5. It Acts as a Law
“As per the Ministry of Labor and Employment, a workman is granted casual leave of absence with or without pay not exceeding 10 days in a calendar year under the Industrial Employment Central Rules, 1946. Such leave shall not be more than three days at a time except in case of sickness.”
What's the point here? By making sure that your employees are taking the right amount of leave, you can ensure they obey the law. An agile leave management system helps achieve this goal by setting a leave balance that the employee can view while applying for leave.
Simply put, it not only ensures that the company is compliant with the Labor Laws but also that the employees are aware that if this number of leaves is exceeded, they may be entitled to loss of pay or in some cases, even termination of employment.
So don't you think a leave management system is a small investment to make compared to the innumerable benefits?
TeamNest - Your Partner in Leave Management
TeamNest, a technology-powered, cloud-centered leave management solution, is all you need to keep your leave management worries at bay. Ranging from real-time access to employee data to carry-forward leaves, calculate opening balance, and easy leave approval workflow, TeamNest does it all. With TeamNest, you can not only create flexible leave policies based on the calendar or financial year, but you can also keep track of every employee who is on leave.
When it comes to leave management, TeamNest is the one-stop solution. So what are you waiting for? Get in touch with a TeamNest expert TODAY @ +91 913-786-6322 or email at email@example.com.